Planning for your future
Pattinsons can help your business get the systems in place to allow your business to grow. Bench-marking against other businesses in your industry is a key tool that is not utilised enough, Do you know how you compare the best and the average in your industry and how It can help you? we do. By using key performance indicators we are able to monitor your business closely, providing regular updates and strategy meetings. We can help with Marketing strategy, pricing strategy, raising finance to allow you to invest and even improving the potential of your team members. Only by measuring and testing everything can you continually improve.
Valuations can be required for many reasons, mainly monitoring how the business is performing against goals. There are many benefits, for one it can be used for taxation and negotiating with the tax authorities. Valuations are sort after if you may be interested in business sales, purchases or mergers. Raising finance, company buy back of shares, shareholder/partner disputes, financial report requirements and tax planning are the most common reasons valuations are used with the occasional use for even divorce processing and matrimonial disputes. Tax planning is invaluable and pension and exit planning if something all businesses should consider.
Only by having a professional like Pattinsons review and prepare your business valuation can you be in an optimum position to achieve your goals. Business valuation services are not only for limited companies, we also provide services for unincorporated entities and shares in unquoted companies based in the UK including assistance with dispute resolution and litigation.
When it comes to supporting finance applications, especially bank lending, regularly business plans are needed. At Pattinsons we can assist with all aspects of business planning, including strategy and goal setting, budgets, cash flow forecasts and profit forecasts. We can also draft all written elements such as business background, marketing plan, SWOT analysis, markets, competition and all other key elements you may require in the most suitable way to lenders.
The benefits of a business plan doesn’t stop there, after completion we can help you monitor how you are doing against the plan.
Pattinsons consultancy services can include many value added benefits depending on your specific business needs. We can review your management information systems, paying close attention to your financial systems and controls that will enable you to take full control of your business. Ways in which we do this can include cash controls, debtor control, stock control, purchasing systems, cost control, budgeting and financial reporting systems. This reliable management information allows you to react efficiently to your changing business needs.
Pattinsons can advise you the most likely source of finance at the best rates, through our close working relationship worth finance sources we can assist in advising on the right type of finance for you. You can be interested in bank loans and overdrafts, hire purchase, personal loans, sales invoice factoring and discounting, leasing and contract hire, venture capital and private investment sources. There will always be pros and cons to any finance option and we believe it’s our duty to talk our clients through the implication of each to help them make the right decision.
Although we can tell you that planning is crucial to a successful business until we are blue in the face, somehow most potential clients still don’t get round to it. You can find trusting your intuition, using instant decision and generally riding the rollercoaster works well for you. We realise that trusting your instincts is a crucial skill for all successful entrepreneurs, but planning really has its values too. Research shows that those that do plan and have clear strategies are far more successful. At Pattinsons we want to help you agree long-term strategic goals both personally and for the business. Our aim is by working with you on the business, you can ideally spend less time working in it.