Practical business solutions
Specialist Advice and Services
Where we cannot provide products and services directly ourselves, we have a range of trusted and reliable partners who are specialists in their fields, who we have sourced meticulously.
By investing into a business plan, you can save money and reduce risks in the long term by anticipating change and navigating around those changes. This provides you with information which can help you avoid making ill-informed decisions.
We have experts within our team who can work with you to review your business model, product and services, resources and company objectives. We can help you invest in the right areas of your business and at the right time, to ensure you build a growing but sustainable business, ready for the future.
It is a great way of stimulating growth, gaining a competitive advantage, increasing market share or influence supply chains. It could also be a way of expanding into a new vertical, enter into a new geographical location, or introduce you to new customers which compliment your current business.
It can however, seem like a daunting activity. Practical Business Solutions and our group of specialist partners can help to make it as simple and easy as possible, by helping you select the right company to acquire, assist with some of the big decisions, source funding (if required), and facilitate the puchase itself.
We can help you define your goals, which align with your own personal objectives. We would look to understand your goals and timelines and guide your exit plan accordingly. Due diligence will be performed on your business to understand the existing value, recognise areas of value creation, and ensure the business readiness for the exit process; making it a more appealing purchase for buyers.
Management Accounts are used to identify, analyse, evaluate and communicate key financial information, to help you make informed strategic decisions for you business.
Not only do we provide this information but we also seek to tell a story with the numbers. Figures on a sheet of paper mean very little, especially if you are not well versed in the finance department, but with some narrative around them they can create a much more meaningful picture to anyone.
Here at Practical Business Solutions, we have a group of specialist tax advisors who have a proven track record in helping clients with complex taxation queries. We have a broad indutry experience meaning there is no tax scheme unknown to us.
Examples of services and schemes include Capital Gains Tax Mitigation, Employee Remuneration, Offshore Pension Planning, Incorporation Planning, or Inheritance Tax Mitigation to name a few. We would like to fully understand your situation and your goals to assess how we can help.