We understand small businesses
We are a professional accountancy firm providing compliance and advisory services to small businesses and their owners.
As a small business ourselves, we understand the challenges that you face on a daily basis, placing us in the best position to advise on which Accounting controls are required to help your business grow.
Our accountancy services include:
- Annual Accounts
- Company Financial Accounts
- Management Accounts
- Court of Protection accounts
- Cash Flow forecasts
Whilst annual accounts may be required to meet your business’ statutory obligations, if they are prepared in a timely, insightful and economical way, they can also provide valuable information for your decision making.
We can advise you on how to strengthen your record keeping procedures which in turn will help you run your business more effectively. Having accurate, timely management information can assist you in managing your stock levels, your customer balances owed, your supplier balances due and your cash flow.
Your accounts will be prepared in accordance with accounting standards and we will check that you are claiming everything you are entitled to.
We actively manage the timing of the accounts production process to ensure that you meet your statutory responsibilities and through this information, take advantage of early tax planning opportunities.
Whether you are a sole trader, partnership or limited company, letting us prepare your year-end accounts will relieve you of what can be an extremely stressful and time-consuming exercise. We offer competitive pricing with flexible appointment times and are dedicated to offering a professional, friendly service.
Business planning and forecasts
Every business should plan ahead to ensure success but daily business pressures often get in the way.
Financial forecasts are a crucial part of any business plan, particularly if you need to raise finance to fund growth or an acquisition.
Start-up businesses often need funding, and a business plan not only allows you to see if the idea can be profitable, but it also allows a bank or any other lending provider to understand your idea and how the business will shape itself. You may also need to prepare an annual budget to enable you set targets and monitor performance.
Business plans need to be clear and should explain:
- What you are going to be doing
- The gap in the market
- How you will fit in this marketplace
- What your unique selling points are
- The Business’s goals and objectives
- A sales and profit forecast
If you are seeking funding or looking to attract investors in to your business, the business plan will need to interest your investors. At Hill Lillis & Company, we know what information is required and how it can be presented. This will provide you with a better chance of success when it comes to receiving funding for your business.
We can create financial forecasts and budgets on your behalf, ensuring that they are realistic and robust, so if you are looking to create and present a credible and professional business plan then talk to us today.
Keep in touchFor more information on the above, please Contact Us or telephone on 0121 384 4222 and we will be glad to answer any questions you may have. Even better, why not book your FREE consultation today, it only takes a minute. At this stage, if you are just looking for an idea of how much our services cost, then please feel free to complete our Request a Quote Form and we will get back to you within 48 hours.
In the meantime, why not follow us on Facebook or Twitter for the latest news that may affect your business or subscribe to our Newsletter for automatic email updates. If you are out and about in the Sutton Coldfield, Kingstanding, Great Barr, Minworth, Erdington, Birmingham or West Midlands area, why not give us a quick call to confirm if we can arrange an immediate, free consultation.