My pest control clients come to me wanting more than an annual end of year summary and a tax return completed, they want help throughout the year.
I understand how little time you have, so when you have a business issue or want advice you need it quickly and given in language that makes sense.
As you grow your business, your finances become more complicated like with VAT or taking on an employee. You dont need to learn this stuff and spend more time on admin, you need to let go of the financials and use that time to relax with family & friends or go down the gym.
Here's how I have helped my clients.
Tim's business issues
Tim is a sole trader, and has a franchise pest control region; he's worked hard to build his reputation in the area.
He has done so well he is nearing the VAT threshold so we monitor this by forecasting his sales, we now know when he will hit £85k and can be ready to make things as smooth and easy as possible.
He has so much work coming in and turns down jobs on a regular basis, he needs help.
So, Tim is taking on an employee. Before he made that decision we discussed what it would mean for the business, how much it would cost to kit up the employee, vehicle, training etc, how many jobs he/she would need to do each day to break even and then to make a profit. I explained about his employer's responsibilities, employer's NI and pension contributions and all the admin involved in PAYE/NI returns and of course a payroll.
Cashflow could get tight at some points during a month, so we have talked about a cashflow forecast that will show when any "pinch points" could happen, enabling us to look at investment, or an overdraft or a business loan.
Between us we look at the debt owed by customers, chase when required and have a plan to get all contractual customers onto advance billing and get paid by direct debit using Go Cardless. This will help his cashflow a lot.
Tim gets a monthly report from me which includes his profit & loss, the VAT 12 month rolling turnover analysis, a business snapshot, a tax & NI calculation so he can put this money aside, and all this is explained to him in a video I record and which he can listen to whenever he wants and as many times he needs.
Tim calls me with any questions he has and we generally speak once, maybe twice a week.
This what Tim says:
" I cannot recommend Julie highly enough. Julie has been absolutely amazing, transformed the day-to-day financial running of my business. Would now be lost without her help and advice."
Profit & Loss report
Business snapshot report
Calculation for Tax & NI
Monitor rolling 12 month turnover for VAT threshold
Self Assessment tax returns
Help with MTD
An ear to listen
Call 0845 1391069 or book a discovery call today.