Existing business often feel
that the increasing compliance burden imposed upon them,
can affect their future plans for growth or sale - we
can help you to evaluate the structure of your business
and provide you with the support and guidance which
could be critical in achieving your business and personal
objectives.
For further information please select the service above or contact us for a for as long as it takes with no obligation.
 |
Every business will need to prepare accounts in some format.
Depending on how the business operates and its requirements these
will be required on at least an annual basis, but you may choose
to prepare accounts more frequently to help you to manage your
business.
Whatever your requirements we are able to provide assistance
with the preparation of your accounts, whether from manual or
computerised system for presentation; to you, your bankers, the
Inland Revenue or Companies House.
|
|
Should you require further information or would like to speak
to one of our advisors then please contact
us.
Many businesses are required to have their accounts audited whether due to the size of the business or for other regulatory purposes; others opt to have an audit for their own purposes to add creditability to their accounts.
The general perception of audits in the past is that they have been regarded as a ‘necessary evil’ by businesses. However, they can often result in identifying problem areas and a recommendation can be made to help improve your performance in this area.
Many organisations are now regulated by specific legislation and rules and we are can undertake audits for a variety of specialist sectors, such as financial services businesses and pensions funds.
We strongly believe in adding value to your business and this is
something that an audit can help to achieve, as well as providing
added assurance to third parties such as banks. Whichever it is
that you require we can provide a thorough and professional service.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
The production of management accounts can be an effective business tool if used to their potential. The use of regular information is vital to the continued success and growth of a business.
We will work closely with you to develop a thorough understanding
of your business so that we can make constructive suggestions to
help improve and monitor the development of key areas and as a whole.
We aim not just to provide you with a set of figures but also to turn those figures into a tool to help drive the business forward. We can prepare management accounts on either a monthly or quarterly basis depending on your requirements.
You can be assured that you will then have reliable information and advice on which to base your future business decisions.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
 |
We can help you with all your bookkeeping requirements, whether visiting your office and staff or providing a total outsourced service.
The first step is for us to gain a more in-depth view of how your
business operates so that we may tailor our approach to best suit
your requirements and provide the service you need.
This could be preparing your accounting records for you or to reviewing
the records prepared by you or your staff. If the latter is required
then we can help develop your staff to ensure that your business
becomes more self-sufficient in the future.
|
|
Our staff are trained in a variety of accounting software packages and are on hand to provide any additional support.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
Business plans can be a key tool in managing your business or for assisting with raising finance.
We can provide you with guidance as to the contents of a business
plan and can prepare the financial forecasts for inclusion within
the plan. Although we would always recommend that you write the
content of the plan in order to convey the passion of your business;
however we can review the plan and recommend appropriate changes
based upon our experiences.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
We can provide advice as to the variety of sources of finance available
to businesses and provide guidance as to the suitability of the
various alternatives.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
With an ever increasing burden of red tape and complex legislation
being imposed on employers, it can seem a daunting task to take
on employees. We provide a full payroll bureau service, which includes
calculating the tax due, providing detailed payslips, dealing with
attachment of earnings and all payroll related issues for employers
with any number of employees.
This allows you as an employer to concentrate on your business and be safe in the knowledge that your payroll requirements are being taken care of.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
 |
This is a fast moving area with ever changing regulations, which can be hard for owner managed businesses to keep up with. The demands that are now placed upon VAT registered businesses are on the increase and compliance can become a heavy administrative burden on your business.
We can help to ensure that you are aware of these
regulations and remain informed of recent developments to ease the
preparation of your VAT return. To help you manage this area we
can provide many efficient and cost effective services to ensure
that you remain up-to-date with the authorities, such as;
|
|
- Advice as to whether or not you are required to be registered for VAT purposes
- Assisting with the registration of your business
- Finding and advising you on the most effective and appropriate scheme to operate
- Assisting with monthly or quarterly VAT return preparation
- Advice on VAT planning and administration
- Dealing with any disputes or queries arising with the HM Revenue & Customs
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
We provide assistance with the reporting of all benefits in kind, such as company cars, medical insurance etc on forms P11D or PAYE settlement agreements each tax year. We can also provide advice in relation to the provision of benefits to your employees, such as the implications of company cars versus personal cars for business purposes or medical insurance.
Essex Abel can assist you in setting up a system for reimbursing
expenses to employees and agree the system with the Inland Revenue
in order to avoid the reporting of these expenses each year, therefore,
reducing the administrative burden on your business.
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
After several years in business, you can often find yourself considering the next step for the business, whether this is expanding into related areas, acquiring a similar business, taking on a new business partner or how to facilitate the disposal of the business.
In order to move forward in business you must ensure that you have thought around all of the issues and taken them into consideration. With our expert guidance we can help you with constructive and objective comments that will question how your business operates and think outside the box, whilst keeping you focused on your main goals.
When we are both clear in the direction that you have decided to
take, we will be on hand to support you every step of the way and
help you to see how the strategy chosen will affect some key areas
of your business:
| Finance
|
How will the next stage be funded? Where will
the sources come from; be maintained? |
| Innovative
|
What technology will you require in order to stay ahead of the competition? |
| Staffing Human Resources |
What type of employee will enhance the value of business and help you achieve your goals? |
| Marketing
|
How will your business be communicated to your customers and how will you be able to obtain new business streams and customers? |
| Operations
|
How do you intend to keep your business progressing as efficiently as possible? Do you have the appropriate systems in place to monitor and respond to changes in your business environment? |
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
When you a hard at work in running your business the last thing
that you want to be doing is using valuable time and resources ensuring
that you are up-to-date with your compliance issues and conforming
to the Companies Act.
With company legislation changing at the pace it does, you need to sure that you are fully aware of how the changes will affect you and your business. We can provide peace of mind in this area by ensuring that all your company secretarial duties are taken care of, such as:
- Company formation
- Preparation and filing of annual returns and other statutory
returns
- Preparation of documentation relating to minutes and any resolutions
- Managing and maintaining your statutory records
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
 |
In order to progress your business forward or to increase your market share you may want to consider merging or acquiring another business entity.
This process can be complex and time consuming depending on the conditions of each business. Therefore careful and structured planning is required to enable the negotiations to flow as smoothly as possible and achieve the
desired result.
This requires the support and assistance of trained and skilled professionals such as ourselves to help assist in the following:
|
|
- Identify potential targets for acquisition
- Review candidates for suitability
- Preparation of a negotiation strategy
- Source of any relevant finance to fund the merger / acquisition
- If necessary develop an integration plan for the businesses
- Optimising the tax and financial position of your new enterprise
Should you require further information or would like to speak to one of our advisors then please contact us.
<<< Back to Top >>>
In some circumstances you may decide to dispose of your business
in full or a part of the business, as part of your retirement strategy
or because you want to concentrate on your core business.
The disposal of a business will require a carefully structured and precise exit plan to maximise the proceeds and to minimize any potential tax liability. We can assist you in all areas of this such as:
- Help in valuing your assets
- Advise you as to the tax structure of the various methods of
disposing of your business
- Finding suitable purchasers
- Reviewing the applicants suitability
- Assistance in the negotiation of the sale
- Preparation of any documentation to support the value and presentation
of your business to would-be
investors/buyers.
Should you require further information or would like to speak to one of our advisors then please contact us.
Case Study Note: A recent article published in the Nottingham Evening Post, Echo & online praised Jason Oram and Essex Abel for their part in the multimillion pound sale of a Nottingham based IT business.
<<< Back to Top >>>
|