Our News

Ahead of the game

13 Feb 2014

As we continue to grow our client base becomes more and more colourful...

Last week we added a fashionista and a gamer to our ranks and we’re very much looking forward to watching these businesses develop.

Our style guru has her roots in Japan and will be using her international contacts to do business in the UK while our technophile is secretly developing the next platform gaming blockbuster but for now we’ll have to keep all of that info under our hats.

Last Friday was also VAT return deadline day and in the same spirit as the Friday before (Self Assessment deadline day) we worked until the bitter end to make sure even our last minute clients stayed on the right side of HMRC while saving them some tax along the way; another well done to our hardworking accounts team for their continuing efforts.

Now you may or may not know that we offer business plan writing amongst our accounting services and last week we prepared a fantastic document for one of our existing clients to help them raise £200k in bank funding.

In our experience banks look for 3 things in a business plan, realistic commercial assumptions, assumptions that tie to the financial projections and financial projections that support the level of debt requested and they are typically looking for debt service cover of 2 times for small business lending and for those reasons it is important that you fully understand what you are writing to be in with a fighting chance of getting the funding you need for your business.

Not that we like to blow our own trumpets but our with our financial skills and knowledge of business our team are very well placed to help you write a winning business plan so if you need any help then please give us a call, it could be the most important business decision you make this year...

So that’s all for this week but look out for next week’s instalment. Our diary for the coming week is jam packed with exciting activities so week can confidently promise to bring you all of the juicy gossip from behind the scenes at Accounts and Legal

Keir Wright-Whyte

photo

Managing Director

0207 043 4000

About the author

Originally graduating with a degree in geography from Edinburgh University, Keir claims that he was then tricked into becoming an accountant by one of the UK's top 5 accountancy practices.The deception extended to the usual training in audit and associated activities.

Keir subsequently worked in a number of advisory roles with clients including in the energy trading, pharmaceuticals and financial services sectors.

He loves working at Accounts & Legal because of the variety of work and clients, the excellent team ethos and morale, the importance placed on genuinely helping and being useful for clients and because he believes what he does matters to clients and helps the firm.

Keir's primary role is to ensure that new clients with complex businesses or needs are on-boarded in the best way and he is a "trouble shooter" both for clients and where complex issues arise internally. He also helps the accounting teams strive to improve what we do for clients, whether processes or services.

When not debiting or crediting, Keir has a penchant for fixing old buildings, skiing, surfing and cycling.

  

We can help you grasp opportunities

 

If you’re wanting to grow your business business in Manchester or Brighton, we can help plan ahead and get your accounts in order. We are full-service accountants offering tax and accounting support from bookkeeping to business plans, and payroll to tax-efficient investment advice.

 

Call us today or get an instant quote for our services!

 

Instante-Quote-Accounting