Support Services The combination of your business knowledge and our support services will help your business to grow and for it to increase its efficiency and profitability. Together we can help you achieve your goals. Management Information Regular management information is vital to the continued success of any business. Without such information you may not pick up on problems in your business at an early stage or you may not be able to make the most of business opportunities which come your way. We will work closely with you to get to know you and your business to enable us to assist you to improve profits or to develop and grow your business. We will deliver the information you need to make the right decisions. The information we give to you will be in a clear and easy to understand format. We can prepare monthly or quarterly management accounts to ensure you always have reliable, up to date, and accurate information on which to base your business decisions. With this information we can show where your business is doing well, and where it can improve. We also offer a benchmarking analysis service. This analysis compares your trading results with those of your competitors to show the profitability levels which can be achieved in your industry sector. This information could be vital to maintaining your competitive edge, or to guide you in areas to improve. Bookkeeping At C Todd & Co we can assist you with all your general bookkeeping requirements. We have the resources to assist either at your offices or at our own offices. You may require help to write up your books or need us to add the finishing touches to data you maintain in order to create your own management information. If you do not employ a bookkeeper we can take up the role or help you recruit the right person for your business. We can assist in the development of a bookkeeping system to suit your requirements, using either computerised or traditional hand written systems. Any bookkeeping system we introduce, or maintain for you, will be tailored to suit your individual requirements. The system we can develop and maintain could be by using a simple pre printed cash book, for example a Simplex or Evrite cash book, or by a cash book designed specifically for your business. If you business affairs are straight forward and the number of transactions in a week or month is small this type of system will suit your requirements. If the number of transactions in a week or month is large, or if you require monthly or quarterly management accounts or stock control, a computer assisted system would fulfil those requirements. We can offer computerised bookkeeping systems by either using an Excel spreadsheet personally designed for you or off the shelf computer bookkeeping and accounts software, for example Sage, QuickBooks or Iris bookkeeping. Business Planning and Forecasts Every business should plan ahead to ensure current and continued success but daily business pressures often conspire to delay the strategic planning process. Financial forecasts are a crucial part of any business plan and we can prepare profit forecasts and cash flow forecasts to assist with your plan. Such forecasts are limited by the data they include, but we have special systems in place to ensure they are both meaningful and robust. We can provide ‘what if’ scenarios which consider how the forecast or business plan would change if events change. Our forecasts can be broken down into weekly, monthly or quarterly time frames, and the forecast can be prepared for one, two or three years in the future. The forecast can show when you may require additional funding for your business or when you may have surplus funds available for other investments. If you require a business plan or forecast please contact Chris at chris.todd@c-todd.co.uk for assistance or a quotation.
