BUSINESS SUPPORT - Please take time to read this
Again, similar to most accounting services, we provide payroll services, bookkeeping and VAT return preparation.
What does this mean? A very vague title, we agree, but let us explain:
Most accountants limit their business advise to financial analysis. But that does not help a lot when you either a new business or a business struggling to get more customers or expand your market.
Given the current economy, many of our clients are struggling to get the business. So whatever business advise an accountant gives is useless if there is no business there in the first place.
At AMB Accounting, we don't limit our services to just general accounting advice. We show you ways of getting more business and then when the money starts to come in we switch to giving you advice on how to improve profitability while at the same time trying to reduce your tax burden as much as it is possible.
How much will all this cost you?
We give you a FIXED FEE at the outset and the rest is given to you FREE. We take a long term view. You will need our help and advice mostly in the first year or two. After that, things will start ticking along with only occasional tweaking required. So we wear the initial costs on your behalf and once you are set up and running, you would already have all the measures and structures in place to continue and succeed in your business.
From time to time you will need our help and advice - don't worry, as all our telephone and email help and advice is FREE.
Subscribe to our FREE Monthly Newsletter full of fantastic business tips!
THE TOP TEN TIPS
Tip 1: Working Tax Credits and Child Tax Credits are a great source of TAX FREE cash. Don't miss out.
Tip 2: Cash is KING: Do a simple cash-flow projections and then plan and update it at least once every two weeks
Tip 3: If your profits are higher than £15,000 pa consider forming a company
Tip 4: As you earn, depending on your business, put 10-25% of your net sales invoices aside for tax
Tip 5: For companies, it might be more tax effective to switch from normal life insurance to Key Man Insurance
Tip 6: Review your credit policy and get tougher with late payers. Chasing debt s wastes your time & time is money
Tip 7: What is your competition up to? Make it your business to find out!
Tip 8: When appropriate, use real pictures in your advertising. Readers are most likely to read text with a picture
Tip 9: Plan your marketing. Haphazard marketing wastes time and effort AND money!
Tip 10: GET A FANTASTIC ACCOUNTANT - yes, really!