CT Jones Business Advisory services
Business Growth
Business growth services include…
- Setting goals and an action plan to get you where you want to be – see strategic planning;
- Removing the blocks that are stopping you from getting where you want to be;
- Bench-marking against other businesses in your industry – do you know how you compare to the best and the average in your industry;
- Getting the systems in place to allow your business to grow;
- Performance monitoring including use of key performance indicators;
- Marketing strategy;
- Unique selling point development;
- Pricing strategy – have you tested what your optimum selling price is?
- Raising finance to allow you to invest in growth;
- Improving the potential of your team members;
- Measuring and testing everything so that you can continually improve.
Contact us for more advice or information
Business Valuations
Valuations can be required for…
- Monitoring how the business is performing against goals;
- Taxation and negotiating with the tax authorities;
- Business sales and purchases;
- Business mergers;
- Divorce proceedings and matrimonial disputes;
- Raising finance;
- Company buy back of shares;
- Tax planning;
- Financial reporting requirements;
- Shareholder/partner disputes;
- Pension and exit planning.
We can provide business valuation services for unincorporated entities and shares in unquoted companies based in the UK including assistance with dispute resolution and litigation.
Business Plans
Business plans are also regularly needed to support finance applications, especially bank lending.
We can assist with all aspects of the business plan including…
- Business strategy and goal setting;
- Budgets;
- Cash flow forecasts;
- Profit forecasts;
- All written elements of the plan such as business background, marketing plan, SWOT analysis, markets, competition and all of the other key elements that need presenting in the most suitable way to lenders.
After you’ve produced the plan, you need to monitor how you are doing against the plan and we can help you with this.
See our help-sheet on writing a business plan.
Company Start-ups
There’s more to consider than just buying a cheap readymade company on the internet!
We can assist you with company formations for…
- An off the shelf readymade company;
- A tailor-made company;
- Limited Liability Partnership;
- PLC formation;
For urgent requests we can also arrange same day formations.
Our Company formation packages can include…
- Advice on the pros and cons of incorporation in your own situation;
- Appointment of directors;
- Appointment of company secretary;
- Issue of subscriber shares;
- Registered office services;
- Completion of all necessary minutes and resolutions;
- Assistance in opening a bank account;
- Tax review with regard to company formation – forming the company yourself and getting this wrong can be very costly!
- VAT registration;
- Company registration for Corporation Tax;
- Set up of Company PAYE scheme;
- Book-keeping set-up advice;
- Business plans;
- Assistance with raising finance.
Making Tax Digital
You may not be aware of MTD but it is an important subject! It is a government initiative to digitise the reporting of Tax.
Digital reporting and digital tax accounts are a reality and by the summer of 2022 most VAT-registered businesses will be online.
Self-employed individuals and landlords with gross annual business or property income above £10,000, will need to follow the rules for MTD for Income Tax from 6 April 2024. The rules will be extended to general partnerships the following year.
The Government is also running a pilot scheme where a limited number of businesses can use the online service for Making Tax Digital for Income Tax.
See: https://www.gov.uk/guidance/sign-up-your-business-for-making-tax-digital-for-income-tax
It is expected corporation tax will not become digital until at least 2026.
Management Systems
Our consultancy services can include a review of your management information systems, particularly in relation to your financial systems and controls that will enable you to take full control of your business.
This can include…
- Cash controls;
- Debtor control;
- Stock control;
- Purchasing systems;
- Cost controls;
- Budgeting;
- Financial reporting systems.
Reliable management information allows you to react quickly to changing business needs.
Raising Finance
Do you know the most likely source of finance
at the best rates?
Through our close working relationships with finance sources we can assist in advising on the right type of finance for you and offer advice on…
- Bank loans and overdrafts;
- Hire purchase;
- Personal loans;
- Sales invoice factoring and discounting;
- Leasing and contract hire;
- Venture capital;
- Private investment sources.
Contact us for more advice or information about raising finance or obtaining a grant
Strategic Planning
You’ve probably been told many times that planning is crucial to success in business but somehow you’ve never quite got round to it.
Rather than having a planned strategy you run your business by…
- Trusting your intuition;
- Using instant decisions;
- And generally riding the rollercoaster.
That may well work and we do realise that gut feelings are a crucial business skill in successful entrepreneurs. But planning is still crucial. Research shows that those businesses that do plan and have clear strategies are far more successful.
Our strategic planning service helps you…
- Agree on long-term strategic goals both personally and for the business;
- Identify where you are now;
- Work ON the business so that you can spend less time working IN it;
- Indentify the blocks in the strategy;
- Agree an operational strategy to overcome the blocks and meet those goals;
- Develop business growth systems;
- Grow a great team of people;
- Monitor your results against those goals;
- Manage the money in your business;
- Develop an exit strategy.
The result is an agreed ACTION PLAN.
See our client resources for business growth.