Our Services....
a) Outsourced Accounting
Instead of having their own accounting departments, our clients look to us as an extension of their company. We return to them clear, easily understood financial reports in English, and submit all necessary tax returns to the relevant if applicable. What we offer is a full outsourcing of your accounts department. If you take advantage of our full service
, you don’t need a Finance Director, or a finance manager, or any finance clerks or messengers. You do not need someone to collect and bank customer cheques, or to pay and organize delivery of supplier payments. You do not need to cover for staff holidays, or staff sickness, or recruitment when someone leaves. You do not need anyone to talk to the Revenue Department. Our aim is to be your own specialized Finance and accounts department, to international standards. No company is too big for this service- in fact, the bigger the company, the more effective our service is. b) Start-up guidance
For new business people, we provide friendly guidance on what to do, and what not to do in business here. We invite you to learn from our years of experience -
Why make mistakes we can help you avoid? c) Forecasting
“…If you fail to plan, you plan to fail…”
“…Flexibility is the key to success…”
It’s with these time proven adages at heart that we encourage clients to work with us using a forecasting mindset. What this means in terms of the business is that we help them look at their probable results on a half-yearly or more frequent basis, thus enabling planning that is grounded on financial analyses, rather than just ‘gut feeling’
d) Budgeting
Before you start your new business, it is essential to make a detailed Budget / Forecast to see what finance you need, how long the business may take to be profitable, what staff you need and what capital equipment you need to buy, the business’s ability to pay for this, and many other questions. We can help you get off to a successful start. e) Business Profitability Analysis
Knowing whether your business is profitable or not, and where, is going to help you make the best strategic decisions on a daily, monthly or yearly basis. As a business owner, you need to be able to analyze trends and identify opportunities. We can prepare statistics about your company’s operations for example:
1. Gross Profit return on Gross Sales
2. Management Rate of Return
3. Return on Investment
With these in hand it’s much easier to identify issues for action. Job, contract and customer profitability are also features of our services. Comparative year over year analysis
In addition, we can prepare comparative statements against budgets or last years figures so that owners see their businesses in a more objective perspective. f) Due Diligence
When you decide to buy a business, you need to be very sure the presented figures are credible. A fundamental requirement for making a good deal is knowing that you’re not paying too much…