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High Growth Business
High growth businesses face a number of different challenges, which commonly include:
- The problem of overtrading, and growing too fast without the necessary financial support and assets
- Business growth levels exceeding the capabilities of internal systems, causing loss of data, poor customer service and inefficiencies
- A loss of control by management, as the business owners are too busy working in the business and are not able to work on the business
- A lack of readily available management information, to enable business decisions to be made to deal with the myriad of direct and indirect taxation compliance and planning issues
- A lack of available finance to back the company's growth
In order to enable businesses to deal with these problems, Burrow and Crowe’s specialist advisors will:
- Produce cash flow forecasts and projections, prepare management information to plan the company’s growth, and highlight any potential problems and pitfalls to enable the business to plan for the future.
- Review management information systems and operational processes to allow business systems to keep abreast of growth potential.
- Provide regular management accounts information and meetings to discuss business progress, enabling management to retain control and take a strategic look at the business.
- Burrow and Crowe also have the corporate finance expertise to raise funds for businesses, whether it be through traditional sources of finance (loans, overdraft, invoice discounting) or via governmental support or equity funding.
If you would like to have a free informal discussion please contact us.
Burrow and Crowe will assist clients with all their tax compliance including P35’s, P11D’s, VAT, Corporation Tax and PAYE.
In order to take the strain of a growing business away from the owner, Burrow and Crowe also offer bookkeeping and Payroll services.