In Focus issue 21 Summer 2021 | Randall & Payne Accountants & Business Advisors

Page 9

ACCOUNTANCY

Question:

How do I know if my ideas are worth pursuing? Response: As we are not emotionally invested in your business, we can act as a sounding board for your ideas. We help to find the solution based on our wealth of experience and large bank of knowledge. Many clients benefit from our external expert opinion, acting as a fresh pair of eyes on your business to highlight any opportunities which may have been missed previously.

Our mantra is to make your success our priority so it’s our aim to be clear about what your goals are and how we can help to achieve them

Question:

What does success look like to me? Response: Success isn’t necessarily always about profit or the bottom line. It could be something as simple as finding the funds to afford a new employee or invest in new machinery, or even longer term such as being confident you can exit the business and still live a comfortable life financially. It’s important for us to understand what success looks like to you and whether you need help to bring your vision to life. Our mantra is to make your success our priority so it’s our aim to be clear about what your goals are and how we can help to achieve them. We can then involve the relevant in-house expert when required. Question:

As an established business is our structure still the best for us financially? Response: There are so many areas to consider which may have been in place for years, such as checking you are on the correct remuneration package or that the structure/shareholding of the business is appropriate. When is the last time you looked at overall tax planning for you personally and the business? Are you protecting your wealth in the most efficient manner? If you are considering

restructuring or just need to know more about this area, talk to us and we will be able to give you the expert advice you need. Without knowing what business worries you are trying to make sense of, or what change you need, we can’t start to provide the advice to help make it happen. Take time to talk and together we can make change happen and ensure your business continues to move forward. There will always be times when we don’t know we don’t know. Let’s start the conversations to change this.

Contact Shaun Pegler for more information by emailing shaun.pegler@randall-payne.co.uk or call 01242 776000. Bite-Sized Thinking

›› Are your monthly figures timely, accurate and understandable? ›› What does success look like for you and your business? ›› Do you need help with your strategy and plans? To find out more about any of the topics discussed in this article, visit randall-payne.co.uk

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