The Business Bulletin
FINANCE
Navigating with clarity for business growth Every business needs a strong hand on the tiller. To thrive, you need strategic consideration directing how you grow. And, regardless of whether you’re a large corporate, an ambitious SME, or an enthusiastic micro-business, you need to know where you’re trying to get to. Such statements are well understood, of course, but to put them into practice actually requires a lot of thinking. For a business to grow, someone
plan is, how dynamic your employees
has to anticipate the hurdles ahead,
are, or how teched up you are, if you
proactively pursue a strategy for
haven’t got a grip on the finances,
business development, have a good
you’re working blind.
grasp of the facts and figures, and plan. Most business owners understand
When people talk about their accountant, visions of number-
this kind of focus is needed. However,
crunchers slaving over a calculator
when they’re in the thick of it day in,
spring to mind. And yes, in every type
day out, they often lose sight of how
of business those financial details
to leverage the theory. For example,
matter; so having a trusted partner
they’re aware of the need to plan for
who will ensure the accounts and tax
growth, but they don’t necessarily
returns are compiled and filed on time
have a clear idea of where they are at
will make a difference. However,
any point in time. They also know their
that’s only a small part of what
market well, but they’re not always
an accountant can bring to
aware of the gotchas waiting round
the table.
the corner for an expanding business. So, how do they move forward? Business owners who have
With the right financial team, you can improve the
the foresight to turn to seasoned
efficiency and
professionals for advice, support, and
effectiveness of your
help are the ones most likely to enjoy
financial reporting.
continuing success. And the kind
You’ll enjoy regular
of professional who can help bring
analysis of your business
some assurance to their growth is
activities, and you’ll
their accountant.
benefit from financial risks to your business and
Your accountant is your best business friend
profit opportunities being
At the end of the day, it doesn’t
liaising with the likes of HMRC
matter how great your marketing
and banks etc.
identified early on. Plus, you won’t have to be the one
Issue 18 | 9
