Business Advisory
Empowering strategic growth
We work with business at any stage, whether it be start up, growth or succession. To some degree all businesses use forecasting to estimate profitability and cashflow. Often the forecast will underpin a finance application or support ongoing reporting obligations around existing finance facilities.
The forecast can also be used to aid in making investment decisions such as the acquisition of equipment or launch of new products or services. We have significant knowledge and experience in this area and use specific tools to produce an integrated 3-way forecast - profit and loss, balance sheet and cashflow.
A high-level forecast can normally identify areas of the business requiring greater attention and allow for further investigation into more operational aspects of the business. Proper costing of products and services for instance is key to maintaining profitability and cashflow.
- Our business advisory services include:
- Assisting with business plans, particularly for new businesses.
- Getting a business sale ready.
- Assisting with succession, such as a sale or transfer to family or key staff.
- Recommending structures for new businesses or reviewing the appropriateness of existing structures.
- Using ratios and other tools to measure performance.
- Identifying cost savings in a business.
- Working with other professions within our network to ensure finance facilities, insurance policies and legal agreements are appropriate and adequate.