Services continued
< < Page 2: CORE SERVICES
Added Value
Many businesses find it much more beneficial to have an accountant that is approachable, wants to be involved, and seeks to genuinely support, as opposed to an accountant who visits once a year and produces a set of accounts and regulatory returns. Joseph Louis would rather work with it’s clients on a regular and affordable basis using this continuity to help and support stability and growth.
The added value services that Joseph Louis Limited can provide will depend upon the clients needs. Examples of projects that we can be involved with are as follows:
Cash flow and business plans
There are many reasons why clients should produce a Cash Flow forecast, this can range from establishing a business and trying to turn your ideas into financial projections, to establishing your funding requirements in order to make the next step in growing the business.
Sometimes this can be for the Sole Trader requiring financial projections in order to secure a Mortgage or loan. Whatever the requirement, we can help and tailor the Cash Flow forecast or Business Plan to met your needs.
Management Accounts
Relevant, Reliable and timely financial information is an essential component in managing a business. We often find that clients don’t actually know how well (or how badly) their business performance is!
Producing high quality management accounts assists clients to measure and assure on-going stability, and to formulate affordable growth strategies.
More often than not, time or skills constraints prevent clients from keeping on top of the businesses performance. Joseph Louis Limited can prepare a Management Accounts pack for clients with analysis, interpretation and recommendations. If a more in depth analysis and/or business review is deemed beneficial, follow up discussions can be held.
Again this can include the smallest sole trader who may not want or need the detail that larger companies require, but does need a summarised
set of accounts so that he/she can establish how much money can be drawn from the business and how much should be saved for the Inland Revenue.
Computerised accounting systems and training
When selecting a new computerised
accounting system how do you know that that you are making the right choice for your business?
There is now so much choice on the market. New computerised
accounting packages seem to be arriving on the market every day.
Joseph Louis Limited can analyse
your business needs and identify the most appropriate package on the market, develop a plan to implement the system that minimises
disruption to your business and train your staff. This process can be a daunting task, at Joseph Louis we can be there from the cradle to the grave, supporting at every stage.
Clients find this tailored approach more suitable and find that they end up with a computer system that is tailored around the business, rather than a business tailored around the computer.
The initial investment into the right computer system may seem a lot at first, but more often than not it pays for itself in reduced accountancy fees.
Bookkeeping and Business Support
Businesses are required to keep accurate records of their income and expenditure for HM Revenue and Customs, also if books are not kept up to date clients can not monitor their business performance. Many clients struggle, often in their spare time, to keep their records up to date. Joseph Louis Limited can act as your finance department, completely removing the problems inherited with running your own finances. Alternatively we can provide support services to work alongside your current finance team.
One of the qualities of a successful entrepreneur is the ability to get out into the market place and promote their product or service, they do not want to be tied down by these administrational
matters. Joseph Louis Limited can deal with the accounting function for you, giving you back your greatest asset your time!
We also like to think we will do a better job, after all that is our business – its what we do.
< < Page 2: CORE SERVICES