Business advisory services
Helping you make better decisions for the future.
Join Leicestershire SME’s saving thousands a year
What we do
Business advisory goes beyond the compliance of the accounts preparation and even beyond the day-to-day bookkeeping to the next level helping you to make better decisions and plan for the future with confidence.
Financial performance analysis
Reviewing the profit margins, costs and trends to really delve into your business. We are then able to identify underperforming areas of your business for you. We also benchmark against industry standards, so you really have an excellent knowledge of your businesses finances.
Cash flow forecasting and planning
Whilst it is great to be profitable, if you are struggling to pay staff or suppliers this will do huge damage. With our cash flow forecasts we are able to work with you to plan this precisely to ensure there are no cash flow shortages, to plan for tax liabilities and to help you make business decisions with all of the relevant information you will need.
Business growth and strategy
As your strategic partner we are in the best position to help you make plans to grow your business. This could be through hiring more staff, purchasing new machinery or getting further investment into the business. These all help you maintain structures, achievable growth.
KPI tracking and management reporting
Alongside the production of the monthly or quarterly management reports we maintain custom KPI dashboards and regular meeting to ensure you have the full ongoing visibility over your business performance.
Business advisory – how we help our clients
Through our business advisory services, we become your Finance Director without the full-time cost of this role. Through great advisory we are help you take your business to the next level with the knowledge this growth is sustainable and worthwhile.
READY TO CHAT?
You can contact us via:
Pera Business Park
Nottingham Road
Melton Mowbray
LE13 0PB
HOW DO WE HELP?
We began acting for E Mould UK in 2010 when the business was a partnership. We quickly established this was not the correct structure for the business and so we advised the company to incorporate at the time. We handled the company formation and the transfer of the HMRC registrations to the new company to ensure that everything was set up correctly from the outset.
Over the years we have acted for the company the business has grown significantly and we have been on hand to help with the business journey throughout this time. This has included implementing Xero to replace the old manual records, setting up the Automatic Enrolment pension scheme and setting up systems to capture purchase invoices so we can prepare swift and accurate management accounts to help the company in its rapidly changing environment. The company has grown from 6 employees to 17 and in the past 4 years the turnover has more than trebled, meaning we need to continue to monitor the business to ensure the advice we give remains up to date in a period of rapid growth. We have found that in these cases cash flow can be severely impacted with the need to buy machinery and materials prior to getting paid for the work done often a huge challenge, however with our help the company has navigated these issues comfortably and continues to thrive.
Increase you profit margins too
We are here in Leicestershire and beyond:
Whilst the majority of our clients are located within 10 miles of us, we do help clients in a range of locations including:
- Leicester
- Loughborough
- Oakham
- Nottinghamshire
WHY CHOOSE LYFE ACCOUNTANTS FOR YOUR PAYROLL?
We love seeing business grow and become successful. Since starting in 2007, we have supported many local and national businesses for their accountancy and business needs. Over time, with advances in accountancy software, we have been able to change the emphasis of our work from just completing the statutory accounts and tax returns to building a business which offers holistic business support guiding businesses from preparing regular management accounts to cash flow forecasts and full financial action plans.
By using the latest technology, and keeping a keen eye on the market for new software which will make our clients job easier, we are able to help our clients meet any challenges they come across, our clients are prepared for any taxes and changes in legislation, and we are on hand throughout their business journey, helping clients grow, thrive and achieve their goals, whether financial or non-financial.
We would love to help your business too.
Get the best personal service in Leicestershire
Pension setup
On time, every time
Contributions
Owner wage
FREQUENTLY ASKED QUESTIONS
Accounts production takes care of the compliance and ensuring you meet the legislative requirements. Business advisory helps you grow and focuses on forward thinking and effective decision making, as well as holding you accountable to ensure any plans are implemented.
Most businesses do not fail due to the lack of effort, they fail because of poor cash flow management, weak pricing or a lack of planning. By having us alongside you, we can help to ensure your business is not only sustainable but also help you achieve your goals.
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