When you are running a business, great advice is of paramount importance. As members of the Business Advice Service of the Institute of Chartered Accountants in England & Wales – which ensures you receive quality advice from qualified experts – P A Hull & Co. offers free, no-obligation advice to small and medium-sized enterprises.
We can offer advice on all sorts of issues, including on how to grow your business; securing loans, capital and finance; keeping staff and creating new jobs; and planning for long-term sustainable growth.
We can also tell you more about our range of services tailored to help you manage your business:
The best businesses know where they are at all times, not just once a year when their annual accounts are due. We can help you get a finger on the pulse of your business by producing monthly or quarterly management accounts – giving you the up-to-date information essential to steer your business to success.
Business, financial and strategic planning
Whether your business is growing or already well established, it is vital to develop and follow a plan. We can help you devise, formulate and implement your business, financial and strategic plan, and support you so you can achieve your objectives in a more focused manner.
Adequate cash flow is essential to sustaining any business. An accurate cash-flow forecast gives you, as the business owner, projected figures for future cash requirements, so you can avoid a liquidity crisis. We can help you develop robust and useful cash-flow forecasts, putting you in greater control of your business.
Whether you are thinking of buying a business, premises, equipment or a business vehicle, or even if you just need advice on funding cash flow for your business, we can help you understand the implications of your choice, guiding you through the process as well as helping you source sound funding.
We can help you choose the best package for ease of use, integration with your existing systems and cost-effectiveness, and train your staff to get the most out of it. We are certified partners of Xero (cloud-based software for Mac, Windows, Linux and smart-phones) and BankLink (which provides timely and accurate data direct from your bank, enabling us to complete your bookkeeping monthly).
It is difficult to compare your performance against similar businesses; no one likes sharing their key information. We can offer you a detailed business performance report, using a financial-analysis programme that enables us to turn financial statements into plain English. The reports use ratio and trend analysis as well as industry comparisons to analyse the financial health of your business.
Last but not least, looking ahead to when you may consider ceasing trading, we can help ensure your business is in the best condition to sell on. Our succession and inheritance-tax planning service means we can advise on the entire transfer process, as well as helping you to plan your estate so that you can leave more to the people who matter to you rather than to the tax-man.