Business growth, start-up advice & business financial adviceAs a business owner it can be challenging to find trustworthy business support, but this is vital if you want your company, and your profits, to grow. We offer honest, supportive and understanding business financial advice that will better equip you to respond to unforeseen events, less likely to miss opportunities and will help you put in place contingency plans for the future.
Management Accounts for start-ups and business growth
Having up-to-date financial and statistical reports enable you to make timely and meaningful day-to-day business decisions. Knowing how you are performing on an ongoing basis can help you to grow your company further, rather than relying on historic statutory accounts information – many business owners find the introduction of management accounts an absolute revelation!
We can work with your bookkeeper or accounts department to produce regular management accounts to help you with effective decision making, for reporting to your lenders and shareholders and to get a deeper understanding of your business performance.
For start-ups, these reports may include the basic top-line figures for payables, receivables, budget and cashflow. If you are in business growth mode you might choose to add key performance indicators (KPIs), segmented analysis and profit and loss in actual terms, vs the previous year and your forecast projections.
Acquisition, Merger, Exit and Succession
Business growth advice helps you consider the long-term options for you and your company. If you are looking to acquire (or merge with) another company, performing due diligence on the target company is crucial to understand exactly what you are buying and ensure you don’t overpay.
You may also be looking towards retirement or be contemplating selling your business. Considering your options can help you plan not only how much you might receive from a sale, but also how much tax you pay.
If your business growth is dependent on acquiring additional finances, for example, to fund new assets, move to larger premises or acquire a new business, we can help you find the right financial partners to support your goals. Importantly, as your accountants, we are also in a position to provide them with the business information they will need to make the decision to lend to you.
What our clients say…
Champs have been the accountants for my yoga business for many years now. I recommend their services without any hesitation: professional, friendly and personal. As I got into property, I was thrilled to discover that they are also property specialists. Everyone in the office is a pleasure to deal with. The staff are a reflection of the culture of the company and how they are managed. Matthew and Chantal run a great business. I have known Matthew over a decade in many capacities: Cub Leader, BNI Group Director, Accountant. I have always known him to be professional, friendly, honest, caring, ready to go the extra mile to help professionally and a person of great integrity. His help has been invaluable over the years.
The Champ Consultants team are so helpful to me and my business. Whenever I have a question Chantal or one of her team are quick to get back to me with what I need! I really recommend them to small and growing business owners.
I wanted to say a very big thank you for all your help and advice. I am so glad that I discovered Champ Consultants and that you were available to help me get my business of the ground.