Business setup and structure
Starting a business can be a rewarding experience, but it’s important to have your accounting structure set up properly in advance. At Leading Accountants, we will help you choose the most appropriate business structure for your long-term goals and assist with the required paperwork and maintenance.
As your business grows, the initial structure may no longer be appropriate and you may need to restructure. Our accountants will work with you to define your long-term goals and define a strategy to restructure your business to help you get there.
There are a number of different methods that can be used to value a business, including marketplace value, return on investment (ROI), business assets, future profit and the cost of creating a similar business. Our accountants will work with you to evaluate which method is right for your industry and provide you with an official valuation.
Budgeting & benchmarking
When running a business, it’s important to know how others in your industry are performing so that you can set benchmarks and measure your own success. Similarly, setting budgets for your expenditure is important to ensure that you maintain the cash flow needed to keep your business running. Our team can assist with budgeting for your business and provide benchmarking data to allow you to compare with other businesses in your industry.
Cash flow management
Cash flow is one of the most important metrics for small business. Cash flow management is imperative to ensure that you are able to estimate how much cash will be available at a given time, to identify whether there is a risk of cash shortfall, and to manage the impact of any cash flow issues so that your business can continue to operate. Leading accountants will assist you to understand how cash flow affects your business and prepare a cash flow management strategy.
Our virtual CFO services allow you to spend more time focusing on what matters to your business. We will work with your team to advise on financial matters and increase the success and value of your business according to your long term goals.