Business Service
Here at Lead Accounting and Taxation Services, our aim is to give our clients the tools to make sound business decisions whether in choosing the right business structure or understanding your financial statements and budgeting for the year ahead. We can assist you with
- Business Structuring
- Budgeting
- Cash Flow Forecasting & Management
- Financial Reporting & Analysis
Business Structuring
One of the key decisions that you make when starting a business is its structure. We can help you choose the one that best suits your business needs and advice on key areas such as set up costs, how much tax you are liable to pay, whether you are considered an employee or owner of the business, your potential personal liability, how much control you have over the business and ongoing costs such as Annual review fees.
Cash Flow Forecasting & Management
Business owners and managers have plenty to occupy them in terms of day-to-day running of their business. Looking further ahead than a few weeks might seem impossible or even unnecessary. But for many Small Businesses, one late payment can lead to cash in the bank taking a nosedive very quickly. Therefore, forward planning is vital for the smooth running of the business. We can provide you with accurate and informative Cash Flow forecasting reports that gives you a glimpse of the possible state of your business so that you can make important decisions on your business such as planning for an expansion or if the forecast indicates a significant tightening of cash flow, you can postpone expansion plans.
Financial Reporting & Analysis
Financial Statements provide a snapshot of the performance , financial position and cash flows of the business. They help you better manage your debts, identify trends, track progress in real time and manage liabilities, progress and compliance. We can provide you the information you need including Profit & Loss Statements and Financial reporting analysis comparing year to year, quarter to quarter or month to month.