Business Startups and Development

We know that starting and running a business presents daily challenges. In the role of a trusted adviser, we are there when needed for you to bounce ideas off and to discuss operational matters with, as they arise. We will  work proactively to bring you new ideas and viewpoints.

These are some of the ways we can help you when starting up your business:

• Assess the most suitable legal structure for your business
• Incorporate companies
• Establish a business plan
• Help you to obtain finance
• Prepare and analyse management information
• Prepare budgets and forecasts
• Provide outsourced help with VAT returns and payroll

We can also assist you with specialist services as your business develops. These include:

Financial modeling
You may require sophisticated financial models for a variety of purposes, usually related to an acquisition or fundraising exercise. We will provide a fully integrated model for you, which can also incorporate easy to adjust sensitivities – enabling you to quickly assess the impact of changes in debt servicing assumptions, falling revenue, working capital changes and any other factor, which is relevant to your business. Our models are transparent and easy to understand. They are also rigorously checked before they are finalised.

Independent business review
An Independent Business Review (IBR) examines the company’s finances, assets and forecasts. Banks or other lenders may require an IBR if they believe the business is under distress and they generally pre-determine their requirements. We also undertake IBRs on companies that are not under distress, which can be as detailed as you decide. This includes areas such as consideration of margins and profitability, working capital requirements, financing and many others.

An IBR can:

• Provide clarity on the current commercial, operational and financial issues facing the company
• Assess the key causes behind the current predicament and identify the remedial strategies that can be adopted to enhance performance
• Suggest a range of options for your business – covering finances, management and many other issues
• Provide a report to help all stakeholders conclude upon plans, which are in the combined best interests of those parties; including actions to take, key milestones and deliverables