Business Consulting Service

·         Business start ups

·         Buying a business

·         Financing

·         Selling a business

·         Key performance indicators and benchmarking against competitors

·         Budgeting

Business start ups

We will offer you all the legal and financial advice you need when starting a business – leaving you to concentrate on making your idea work!

Business Plan

To start a business you need a good business plan. The plan needs to be short, concise, and to the point. It needs to set out your plans for the direction of the business. The plan is something that will assist you in building a relationship with your bank, your customers and your suppliers. We can help you write this plan in a presentable way.

Business Structure

We will help you decide on the most suitable structure for your new business – whether you decide to be a sole trader, partnership or legal company. We will discuss with you the pros and cons of each one and the taxation and legal implications of each one.

Cash flow and Budgets

We will help you prepare your cash flow forecasts, budgets and trading forecasts.

Financing

We will look very closely at your finance requirements and should this be required we will advise you on the best sources of finance available to you and draw up necessary proposals.

Business Banking

A business bank account is required. We will help you set up your new account and establish a good relationship with your bank.

Initial Registrations

Depending on the type of business you are starting we will complete any legal registrations required by law with organisations such as Companies register, Inland revenue etc

We will assist you with setting up a bookkeeping system for your business and advise on taxation issues such as registering for GST etc.

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Buying a business

This could be one of the largest investments you ever make. We will ask you all the right questions to establish if you are doing the right thing.

We will look very closely at the intended purchase, help you to prepare financial forecasts, advise you on the purchase price and assist in negotiations. We will advise you on funding options.

We will assist with the business plan.

We will assist in negotiations with the sellers/agents.

We can assist with the legal aspects of the sale contract.

From our experience we can save you the stresses of buying the wrong business.

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Financing

There are many options for raising finance for your business. We can discuss all these options and assist you in this process.

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Selling a business

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Key performance indicators and benchmarking against competitors

Let our experts assist you with business benchmarking against your competitors. That way you will be able to see where they are going and where you are going.

Some of the areas we will look at are –

How is your business comparing in relation to your competitors

How is your industry performing

What is the average profit  of your competitors

How much advertising am I doing in relation to that of my competitors.

What are the Key performance indicators (KPI’s) of my business and how can I improve them.

Examples are your stock turnover – are you keeping too much stock? Are you selling your goods fast enough? What is the industry average? Are my products too cheap or too expensive? Should I increase my prices or lower them?

The above is not as difficult to analyse as it appears. Our expert staff can obtain this information and provide reports and ongoing assistance in achieving the changes you need to improve your business.

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Budgeting

 A budget is one of the best tools as business can have and work with. This sets the direction of your business.

Our extensive budgeting services enable you to set your financial targets and then measure your performance against it

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