Small Business Growth Unit for the Food & Beverage Sector
Establishing and growing a small business can be a daunting prospect. Some entrepreneurs will be new to self employment and unsure of where to start or how to get their vision off the ground. Avid Partners have been the starting point for many new business ventures and we have assisted clients not only in developing their ideas but in helping turning those ideas into profitable business organisations. There are a number of areas Avid Partners can assist small business and we have a number of services specially designed to meet the needs of the small business owner .
Setting up your Business
A client’s business can be structured in a number of ways including as a sole trader, partnership or private limited company. We help clients to decide which structure is best for them. We can handle all the necessary paperwork and administration. We also assist in advising on shareholder and partnership agreements.
Most development and growth initiatives require finance. The key starting point when raising finance is to have a well prepared business plan. We help our clients in preparing this plan which will outline the specific objectives of a company, its background, products, management team and the amount of finance required. We will direct clients to the best source of finance for their business and advise on the most suitable source and structure of such finance.
Effective Management – “The Outsourced Finance Director”
To manage a business effectively the management must be kept fully in the picture. We can design an effective management accounting system for clients or adapt their existing system to meet their changing needs. We can advise on cash management and prepare business forecasts. We can help create budgets for each area of a client’s business and assist in producing regular management information to monitor performance. Our team has experience in solving all the problems likely to be encountered by the smaller enterprise. Systems alone will not make a company successful. We’ll help management and directors to interpret business information and advise on future developments.
Audits and Business Performance Reviews
Audits can be a highly effective management tool and provide essential information on where your business is really going. Combined with our small business development services, our audit process is geared to the needs of the smaller business. Our audit approach is to focus on areas of major weakness in a company’s system of control. We provide a series of recommendations which analyse performance, highlight weaknesses and suggest improvements for the future. We also perform non-statutory audits for unincorporated businesses and “comfort” audits to provide a management check on business structures and systems.
Finance for Development
A growing business needs finance, venture capital, equity, loans and grants. We can assist our clients through the maze of alternatives and with the preparation of business plans to present to current and potential providers of finance. Raising finance from any source involves negotiation on the costs of that finance. We have the expertise clients need to get the best deal available. We know and understand the range of grants available for developing and growing your business and can guide you to the appropriate agency.
Taxation is central to most financial matters and business decisions. We offer a comprehensive range of services covering all areas of taxation. Our objective is to minimise the tax liabilities of both individuals and companies. By developing a close working relationship and integrating taxation services we can ensure that all aspects of your financial affairs are kept under constant review and arranged in the most suitable manner. Our corporate tax services include advice on structuring new ventures, BES, mergers and acquisitions, corporate restructuring, value added tax and in-depth taxation reviews. For company directors and the self-employed, we offer advice on reducing personal tax liabilities, executive remuneration packages, planning for retirement and estate tax planning.
Value Added Tax & Customs Duties
Careful planning can minimise the burden of VAT and customs duties on business. We provide advice on planning, registration, preparation of returns and payment. Our services include:
- Review of VAT position
- Assistance with importation and Customs and Excise negotiations
- Advice on property transactions and projects
- Administrative support in maintaining VAT accounts and generating returns.
Executive Recruitment & Administration
As a business grows, bringing the right people on board at the right time is a key issue. We can help locate and select top-level staff. Administrating a payroll system can be an unnecessary burden for a small business. We can provide computerised payroll service with summarised and detailed information as well as dealing with all the related paperwork. We also offer advice on dealing with the complexities of the PAYE system and on share incentive and bonus schemes, payment of overseas staff and a range of other matters.
Company Secretarial Services
We assist in providing all the statutory and other essential services performed by a company secretary. We maintain company registers, prepare and distribute resolutions and arrange and report on company meetings. Our offices can be used as your company’s registered office. We also conduct company searches at the Registrar of Companies.
Management Information System
Choosing the right computer system to meet current and future business needs is never easy. We offer totally objective and impartial advice to help our clients reach a sensible solution. We take a close look at business to see where technology can be of assistance. We suggest the most suitable systems and, if required, help with planning and implementation.
Contact Avid Partners today to see how we can assist your business through our accountancy & consultancy services. You can phone us on 0818 303087, email us at firstname.lastname@example.org or alternatively you can fill out the form below.
"A breath of fresh air. Your firm demonstrated enormous commercial understanding in turning around negotiations with a potential target vendor. I admire your style and ability to drive the deal forward. Many thanks."
"I would like to say I'm very happy with your service, especially the audit team, your staff are always friendly, helpful and a pleasure to deal with."
"Your business approach to clients is very impressive. I have always found that when explaining the types of service on offer, it is always concise and straight forward. The level of trust that clients place in your company and its staff speaks volumes."
"I would like to take this opportunity to say how much we are impressed with your company's professionalism, it has been a pleasure working with you all and we look forward to working with you in the future."
"Avid Partners - Accountants & Business Advisors are an excellent firm of accountants, their quality ethos is outstanding."
"I have dealt with Jamie O' Hanlon, of Avid Partners - Accountants & Business Advisors Chartered Certified Accountants, for a number of years as he is auditor to one of my clients. I have always found him to be professional and responsive in his approach."
"Service is second to none; there is always someone at the end of the phone for any business advice. The staff are very easy to get along with, very approachable and know exactly what they are talking about"
We at Fitzies Bar have worked with Avid Partners - Business & Financial Advisers for over five years. We find that the advice and support offered to us in addition to all of our book-keeping requirements to include payroll, VAT, etc. is invaluable and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
Jamie and his staff are a pleasure to work with. They respond promptly to any queries we have and are critical to our financial planning and the future needs of our business. I would highly recommend them to anyone interested in accounting services.
We at Stillorgan Cycles have used Jamie and his Team at Avid Partners – Accountants and Business Advisers for over five years. We have found that the retail advice and support offered to us is second to none and has helped to contribute to our continued growth especially in these challenging times. I would have no hesitation in recommending Avid Partners.
I met Avid Partners through a local business networking group. We had been using the same accountants for years and found that in these harsh economic times that we were not getting good enough value or service. We were very impressed by the company's professionalism and enthusiasm and genuine interest in helping us get the most out of our business. As a result we are now clients of Avid Partners and are thrilled with our decision.
After meeting Avid Partners with a view to changing our accountants, we came away with a better deal financially and a feeling that we were in capable hands. We feel that Avid Partners has a personal interest in the welfare of our business. Avid Partners have given us great advice, help and support and respond to our day to day queries with speed and efficiency. We feel it was a great move for us to change to Avid Partners.