Long Term Planning
Our experienced advisers can help to solve your business challenges.
Royston and Parkin’s support for our business clients stretches far beyond the essential compliance services.
We want to assist with the smooth operating of your business and help to increase your profitability, working closely with you to offer insight, ideas and proactive advice.
In fact, we aim to be your long term business partners, working with you to ensure the best possible chance of success.
Areas where Royston Parkin can assist include:
- Business start-up planning and advice
- Raising business finance
- Strategic planning
- Financial information systems
- Cash flow forecasting and management
- Restructuring and succession planning
- Business disposal
- Business acquisition and due diligence
- Business valuation
- Financial management
- Computer systems advice
- Efficient billing and cash collection
- Long term plans for your business and your exit
Royston Parkin also provides support and advice for the full life cycle of a business – and the people within it. From start up to disposal, we can be on your team and with you all the way.
Royston Parkin will help you to choose the right structure for your business and ensure that the family, business and other partners are protected. Right from the outset, we will focus on how to save tax over the long term.
Buying a Business
Royston Parkin will perform due diligence; searching for hidden liabilities, identifying risks, examining the customer base and verifying claims made by the vendor.
Sound, impartial advice and a keen eye for detail are vital at this stage; Royston Parkin delivers on all three counts.
We can also help to obtain finance for the deal and assist in the buying process; assessing the worth of the new business and preparing reports for you and your financiers - whilst maximising tax relief to ensure the lowest net cost to you.
Managing a Business
Royston Parkin provides a selection of tools to help you manage your business.
We can monitor the performance and financial structures of the business through benchmarking and financial reports.
We can help you to manage your people and the various financial incentives (such as share plans and bonuses) to motivate them.
By identifying key performance indicators we will show you how to monitor the performance of the business, whilst saving you money on tax and helping to reduce costs/overheads.
We can also advise on maximising income, minimising tax and the extraction of profit, pension funds, dividends and trusts.
We like to meet our clients regularly to build a close relationship and to help improve performance on a continuing basis.
Sale of a Business
Royston Parkin can provide valuations of the business and help you to optimise sale proceeds.
Our experience with financial vehicles such as trusts, pensions and share plans, can help minimise capital gains tax and leave you with as much of the proceeds as possible.
Transfer To Second and Third Generations of Family
We understand how important it is to protect businesses that have passed through generations of family. We can prevent tax loss and protect family members who are not involved in the business, whilst also protecting the business from non-involved family.