It can be stressful trying to grow and scale a business – after 80 years, we know all about the rollercoaster of owning a firm. Whether it’s navigating cash flow issues, resolving disputes between partners, or helping you through a bump in the road, we’re always at the end of the phone.
We know that the businesses that thrive are the ones that realise they need more than just basic compliance services. That’s why we offer a comprehensive finance function that includes a range of business advisory services.
When your business sells time and expertise, you’re often busy or under stress which can make it hard to see the bigger picture. A different perspective is invaluable, and that’s what we offer: our fresh perspective and financial expertise will give you the insight and strategic advice to help you make informed decisions to adapt and thrive.
Advisory Services for Businesses
When you launch your business, you need to consider how it is structured. You might operate as a partnership or sole trader or, in most cases, incorporate the business as a limited company.
Choosing the limited company structure brings many advantages when it comes to tax and personal liability, but it also comes with several important obligations and responsibilities.
A limited company must be registered with Companies House, and you need to provide details of the registered office and the company officers, including people of significant control within the business. Companies need to appoint at least one director as part of their incorporation.
If you do not have commercial premises and do not wish to use your home address as a registered office, you can use the Benson Wood address for a small annual fee.
*Please note, our office cannot be used as a trading address.
Whether you’re thinking about retirement or wish to move on to a new venture, it pays to plan ahead.
If you’re looking to exit your business, you’ll need to decide whether you want to sell it – either in part or in full – or hand over the reins to someone else.
Our experts can help you explore your options and ensure that the transaction is handled tax-efficiently from start to finish.
If you wish to pass the business on to another director or family member, we can help you implement effective succession plans, ensuring that your company is in great shape for future generations.
Valuing your business is not only a key part of succession or exit planning, but can be beneficial at other times during the life of your business. With consolidators circling in many professional services sectors, it’s always worth knowing what your firm is worth.
Business valuations are essential for:
Securing investment – investors will expect to see a realistic value before agreeing to provide finance.
Making decisions regarding shares – if you’re planning to offer a share save scheme to employees, they will expect to see that the shares are a good value investment.
Growing or expanding your business – an annual valuation helps you secure financing and identify areas for improvement.
Beyond stock and fixed assets, a valuation will also include your business reputation, the strength of your team, and any trademarks or intellectual property associated with your firm.
It is essential that you obtain an accurate valuation so you neither sell your business short nor overstate its true worth. You should therefore seek a professional to carry out the process for you.
