Small Business Growth Programmes

 

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.

 

Sourcing Finance

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.

 

Tax Planning

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 01 4286900, email us at info@avidpartners.ie or alternatively you can fill out the form below.

 

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Scenarios:

Yes Avid Partners have two divisions of the company. We have an accountancy division that handles your day to day financial necessities and we also have an advisory division to assist companies develop their businesses. This can include consultancy, marketing and guidance when required. We can act as a Chairperson for your organisation if required and can also take away some of the day to day pressures that can restrict growth and slow development. Avid Partners can help with both of the critical aspects of a company, keeping costs down as much as possible and growing revenues exponentially. Technology companies need patience in developing their visions and an involved day to day partner is the best way of keeping a good business balance.
It is a common problem for companies who are in a situation where their business is growing in real terms (users, visitors) but sales is not matching the other growth metrics as traditionally sales lags behind growth (Twitter, Linked In, etc). So what do you do? Every business needs access to finance to pay operating costs which gives the company time to develop future revenue streams. Thankfully the situation is getting better with many tech friendly finance options coming on stream such as micro financing, crowd funding and government agencies are also starting to show support interests.
Every company starts out small with very limited resources at the beginning of the project. The key is to make the most from the resources you have and to seek out alliances, support systems and working partners. Start ups face many challenges including access to capital, regulatory requirements, economies of scale. We can help you develop your concept and will assist in every way possible from accountancy and day to day support to advisory services and raising finance. We can assist in a number of ways and have a portfolio of growing small companies that we help on an on-going basis.
  • Excel recruitment
  • Cartridge World Portlaoise
  • EBS SHOP
  • CRDS
  • Bank of Ireland logo
  • clelands supermarkets
  • cottage surgery
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