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Established Businesses
Burrow and Crowe have identified a number of problems facing SME's, which are further highlighted by today’s economic environment. These include the following issues:
- SME owners need to have prompt, reliable information at their fingertips, to help them manage their business
- Key employees are tempted away by the competition
- The owner's earnings from the business are subject to increasing levels of taxation
- The company needs continual investment to update equipment and processes
- The additional problems associated with HMRC’s increased investigations through PAYE visits, VAT inspections, aspect and full enquiries
- Succession issues
- How do the owners sell the business, and maximise their income from the sale?
Burrow and Crowe offer the following solutions to SME’s:
- Year end accounts are timetabled to ensure that the client’s performance is monitored and the potential tax liabilities planned for.
- Our pre-year end tax planning and quality tax planning reviews help the client understand the tax position and minimise the potential liabilities.
- The provision of management accounts allows businesses to review their performance and make decisions on future actions. Burrow and Crowe act as a sounding board for new ideas and assist in making these ideas a reality.
