Business advisory and consulting
Business advisory is the work that happens between compliance deadlines: management accounts, cash flow forecasting, pricing, funding applications and tax planning before the year end rather than after. We work with owner-managed businesses across the West Midlands on a quarterly or monthly cycle.
Annual accounts tell you what happened eleven months ago. If you want to make decisions, you need numbers that are closer to now and someone to argue with about them.
What is included
Management accounts
Monthly or quarterly, with the commentary that explains the variance.
Cash flow forecasting
Rolling 12-week and 12-month forecasts so you see the pinch points before they arrive.
Budgets and KPIs
A small number of numbers that actually drive your business, tracked.
Funding support
Projections and packs for lenders, and help with the application itself.
Profit extraction and tax planning
Reviewed before your year end, when it can still change the outcome.
Exit and succession
Getting the business ready to sell or hand over, years before you need to.
Read more about business advisory
Business advisory: your questions answered
What is the difference between an accountant and a business adviser?
Compliance work reports the past to HMRC and Companies House. Advisory work uses the same numbers to change what happens next: pricing, cash, investment, tax planning and funding. Most small businesses buy only the first and wonder why the accounts are not useful.
How often should I get management accounts?
Monthly if you are growing, carrying stock or managing tight cash. Quarterly is enough for a stable service business. Annually is not management information, it is history.