Thinking about expanding your business, buying an asset or employing new staff?
Forecasting is crucial when making a major business decision and will help you decide whether your venture is really required, if it can be afforded and importantly, when it can be afforded.
It may be that you need additional finance or perhaps to renew your overdraft facility. In this case, it is highly likely that any application for finance will require a cashflow forecast and we will work with you to prepare a forecast that includes all factors needed to be considered, as well as their future implications.
If you are VAT registered, then you may have heard of Making Tax Digital which makes it a legal requirement for you to maintain your book keeping records and submit your VAT returns in a digital format.
We recommend our clients use Cloud accounting software for their book keeping – particularly if you are VAT registered - as it is such an efficient way of keeping tracks on your expenditure and managing your finances.
There are a million things to think about when starting a new business so anything that can be delegated to people who can help is a must!
It can be overwhelming - but we’re here to help you every step of the way. And once the business is set up, we can support you on an ongoing basis with your accounts and corporation tax returns, cashflow, forecasting, growing your business or anything else.
Jerroms is a trading style of both Jerroms Business Solutions Limited 08923059 and Jerroms GCN Limited 08433008. Registered office for each of these companies is: Lumaneri House, Blythe Gate, Blythe Valley Park, Solihull, B90 8AH