Owner managed businesses

Not all businesses are the same.  Fortunately, neither are all accountants. We act for many privately owned businesses – often with hands on owner managers – across a range of industry sectors and activities.

Depending on their needs and stage of growth or maturity, our business clients take advantage of the full range of our services and expertise – including tax, accounting, audit, financial management and corporate finance services.

Many clients come to us for our particular expertise and experience in dealing with the tax related complexities of running and owning a business.  This is an area where ignorance is certainly not bliss – both the opportunities to save tax and the potential pitfalls of getting things wrong can be substantial.  Examples include:

• planning for a tax efficient transfer of ownership and control
• looking for effective (and tax beneficial) ways to reward key managers and employees and encourage their loyalty to the business 
• ensuring VAT is being correctly accounted for and charged (which is much more complicated than you’d imagine for many businesses)
• planning ahead for the VAT consequences of land and property transactions.
  

As trusted advisers, we find that owner managers often come to us for support and advice beyond the ‘traditional’ services.  Our business specialists can offer help and support in dealing with issues such as:

• balancing home life with the inevitable pressures of running a business
• taking time out to develop the business’s strategy 
• effective delegation and control 
• moving away from ‘firefighting’ problems to a focus on developing and improving the business 
• increasing the value of the business and reducing reliance on the owner-manager 
• planning for an eventual sale or other exit route 
• bringing on the ‘next generation’ of managers 
• dealing with disputes or changes in direction and ambition from multiple owners.
  

Take a look at our Business help services for more information about how we can get involved.