As a business owner you have no doubt been reminded on more than one occasion of the importance of business planning. And no doubt you agree that planning is important.
And yet in all probability you rarely seem to find the time to sit down and develop strategic plans but end up flying by the seat of your pants, trusting your intuitions and relying on snap judgements rather than adhering to a pre-arranged strategy.
Not that we would deprecate such intuitions. Experience has taught us that it is precisely this ‘sixth sense’ that many business owners and managers seem to possess that is the driving force behind entrepreneurship – and we have learned to take it seriously.
But the planning is important. Without sound analysis, clear projections, and well-thought out contingencies, businesses tend to become hostages to fortune.
Proactive management is replaced by reactive coping, and instead of following a well-thought-out plan, owners and managers are reduced to responding to unforeseen events, or trying to catch up on missed opportunities.
This is why we encourage our clients to schedule regular planning sessions. We can help you:
- Formulate and implement long-term strategic goals
- Set concrete operational objectives
- Monitor performance and adjust plans accordingly
You want to start a business because you are an entrepreneur with a great idea and the vision to realise it.
And we’re here to help you do just that.
We want you to focus on what you do best – building your business – while we provide all the necessary background support.
Here are just a few of the ways we can help you get started:
- Preparing a comprehensive business plan
- Determining the best structure of your business: sole trader, partnership, limited liability partnership, or limited company
- Where appropriate, assisting with company formation and company secretarial duties
- Registering your new business with the Inland Revenue and, where appropriate, Customs and Excise
- Establishing relationships with banks, insurers, etc.
- Preparing cashflow projections and assessing finance needs
- Preparing and submitting finance applications
- General bookkeeping, VAT, and payroll duties
- Tax planning
- Management accounts
- Annual accounts