Business consultancy and systems advice
Small changes can make a big difference – our care and attention sets you on the right path
Things don’t always run smoothly in the world of business, so we’ve designed a set of accountancy services that will give you that extra bit of care and attention when you need it.
Perhaps profitability has shrunk, you've got a liquidity problem or one of your main suppliers has gone bust. Maybe you need some advice about retirement and selling your business, or you want to expand or buy out a competitor. Whatever the issue, we've got the experience and expertise to help.
We can provide you with an in-depth report with all the information you need to improve your business and increase profitability.
We look at:
- How your business compares to your competitors
- Where you fare within your industry in general
- What will improve your position
- What will happen if you increase prices
- How you can increase profits
Most importantly, there is no guesswork involved – we look at all the evidence, think creatively and use an open mind to help you find the best path forward.
Personal balance sheet
You can see what your business is worth in terms of assets and liabilities by looking at the balance sheet. But your business is just one aspect of your assets - what about your total wealth?
A personal balance sheet summarises all your assets and liabilities, including your business, so that you can see how much you are worth. This is vital to know, not only for inheritance tax and succession planning, but also to ensure you will have the right mix of assets for your target retirement date.
Estate planning and wealth management
Making plans for after your death is an uncomfortable but essential issue.
Power In Numbers will help you make all the correct provisions for your estate and wealth and allow you to take advantage of all the tax opportunities available.
With our detailed knowledge of the current tax regime we help you:
- Plan and review your will
- Make full use of tax exemptions and lower tax rates on lifetime transfers
- Optimise lifetime transfers between family members
- Transfer agriculture or business property
- Transfer assets into trust
- Set aside assets for future beneficiaries outside the inheritance tax net
The ultimate performance plan
Our one-page plan identifies, measures and evaluates key success drivers and performance indicators in your business and reports on them on a single sheet of paper.
This gives you all the information you need in a clear, concise report that you can easily read, review and react to.
Virtual finance director
Ever felt the need to appoint a finance director but can’t afford it or find the right person?
Our Virtual FD package fills that gap and provides that additional input needed to structure and guide your company on financial matters.
Your key people (and that includes you) are extremely important to the success of your business; it is therefore essential that everyone is kept highly motivated.
Bonuses and dividends are the traditional way of rewarding key people, but now there are alternatives that are more tax efficient and promote even higher levels of motivation and productivity.
Our new software tool compares thousands of different remuneration options to identify the best results for your business.
Specialist tax planning
Take advantage of our expertise on a wide range of tax planning issues to reduce your tax burden on:
- Stamp Duty Land Tax (SDLT)
- Employee Benefit Trusts
- Employer-Financed Retirement Benefit Schemes (EFRBS)
- Estate Protection Packages - avoid your savings and inheritance being swallowed up by long term care home fees using an Asset Protection Trust
On Track Review
We produce this comprehensive report annually as part of all our fixed price packages.
It details all the aspects we feel you need to consider for your business and personal finances, including great ideas for tax savings, efficiency savings and performance improvement.
Ever wondered whether it was worth converting to a limited company and if it is right for you?
There are many pros and cons to incorporating your business. This service gives the full financial benefits of incorporating in a clear, concise and easy to read report.
Goal Getter for companies in Surrey
Our specialist Goal Getter consulting service is an intense programme which drills down into your goals and desires to find out what really matters to you. This then forms the basis of a bespoke structured plan to help turn your dreams into reality.
Small changes for a big difference: If you don’t have the time needed to commit to our full Goal Getter programme, our ‘simple stuff that works’ programme is the next best thing. This uses reports, statistics and action plans to help you find ‘quick wins’ for your business.
Personal tax planning
With more and more emphasis on taxpayers' individual responsibilities, professional advice and support is essential to optimise your tax position and ensure you meet compliance requirements.
Power In Numbers Chartered Accountants gives you year-round advice on all aspects of personal taxation, including income tax, capital gains tax and inheritance tax.