Do you dread working with your accounts? Will you do anything you can do to put off working with those accounts?
I can relate to that. I have an unusual background, for an accountant, in that I graduated first as an engineer before I switched to accounting. Before I made the switch, I was advised that I would find it very difficult. And, I have to admit, I did find the transition difficult.
Because of that, I am very aware of the difficulties non-accounting people have with accounting jargon. In fact, the feedback we get is that we are much more understandable and approachable than other accountants our clients have worked with.
I really believe that having good financial support makes it much easier to manage any business.
At some point, you will either want for yourself, or you will be asked by stakeholders, to supply business plans and projections. With my background and industry experience, I understand how businesses work. I use that understanding to build financial projections that will help you predict what your results will be and to understand how the different elements of your business combine to affect your results.
Achieving Financial Control
As a business owner, you want to be able to effectively manage your finances. Using a process based approach to understand your business, I will help you to identify the key measures that you need and to set up your accounts so that they will easily provide those measures. I will also work with you to capture important information about your transactions so that you will understand why you are getting the results you are getting.
In running any business, you will have decisions to make. We will help you identify the information that you need, capture and analyse that information so that you can make better decisions and get better results.
Implementing Profitability Improvements
As you go through the year, you will find things that you are not happy with and you will realise that there are areas where you need to make improvements. During my time in industry, I got a lot of experience working with lean and business improvement approaches. I can use that experience to help you to bring about the positive change that you want in your business.
Along with planning, managing and improving, as a business owner you have to comply with tax and legal reporting requirements. As a qualified and experienced Chartered Accountant, I understand and am familiar with all those requirements and I will help you ensure you stay compliant.
I draw on my unusual background and experience to make accounting understandable and to use it to drive the business forward.