Business Improvement

We can help you better understand your financial position and develop strategies to help you grow your business

GOAL SETTING

We help clients with strategic planning and goal setting.

We take a holistic approach. We don’t start with the numbers, we start with lifestyle. We want to understand what lifestyle you want now and what you want in the future. Once we know that, we can help you understand what your business needs to deliver financially to achieve your goals. We then help you understand how to do it. We will work with you to develop a short, medium or long term plan of clearly defined actions that will take your business from where you are now, to where you want to be.

We can help shift you from “I’m working too hard for not enough money” or “my business is stagnating and it’s no fun anymore” to a place with a clear roadmap towards the lifestyle you want.

MANAGEMENT REPORTING

As an extension to our monthly accounting service we can provide a full Management Reporting package. This will give you a detailed yet easy to understand insight into the financial performance of your business. You will easily be able to see where things are going well and what needs attention.

Our aim is to help you achieve your ambitions.

The information included in our Management Reporting package is an incredibly powerful tool in helping you do that. Information we provide includes:

  • Key Performance Indicator Dashboard – an easy to understand view of what the key profit driving numbers are and how they are changing over time
  • Detailed financial information so you can see, in detail, where cash is coming from and going to, who owes you and who you owe
  • A financial model that will take for numbers from where they are to where they want to be.
  • We can also report against this plan so you can easily see where you are, and aren’t, achieving your targets

FORECASTING

Forecasting is a hugely powerful tool for improving your business. Regular, up to date Performance Reporting is important so you can understand what has happened and what you can improve to make things better in the future.

The problem is, this is backwards-looking. You can identify issues after the event and make sure they don’t happen again, but wouldn’t it be better to stop them happening at all?

Forecasting is a forwards-looking tool. We use the lessons of the past to predict what your future profit and cash flow will be, month by month. This means we can help you spot problems before they happen.

If you know that you won’t be able to pay a VAT bill, or pay the wages in six months time you can take action now to stop that happening. Similarly, if you know now that your annual profit won’t be what you want it to be you have the power to do something to change that.

Too many business owners spend their time doing what seems best at the time and then see what that gives them at the end of the year. Smart business owners forecast where they’re going to be at the end of the year and then decide what to do differently today to make sure they get what they want.

We can help you be the smart business owner.

STRATEGY ADVICE

One of the things that the most successful companies all have in common is that they hold regular board meetings to discuss performance and strategy. In our experience, when businesses – even sole traders – start holding board meetings they immediately start thinking like, acting like and achieving like their bigger and more successful counterparts.

In these meetings, we will help you identify the core issues that are holding your business back and give you professional guidance and advice to help you address those issues and unlock the potential in your business.

Our goal in these meetings is to challenge you, provide a different perspective and help you overcome the frustrations, challenges, fears and stresses of building a successful business.

Get in touch today to discuss how we can help you grow your business

Looking for a new accountant?

Get in touch today for a FREE no obligation consultation.  We’re looking forward to hearing from you.

info@scullard-accountancy.co.uk

0161 222 8078

We take care of all of your accounts and tax responsibilities so you can get on with the business of your business.

Get in touch today to see how easy it is to switch to our services.