Value Added Business Services
We offer so much more on top!
Marshall & Co's Virtual Finance Officer
Our clients are experts in what they do. Their skills range from plumbing and construction to catering and hospitality, from professional services to retail, transportation and manufacturing.
Our clients did not start their businesses to become financial experts, yet they find themselves having to fill that function, as employing a finance director is most often not cost effective.
Finance is a core part of making the right decisions and of the management of any business and means that many businesses lose competitive advantage to larger competitors who can afford such in-house expertise.
Marshall & Co can fill that void and give that competitive advantage back to our clients by offering 'as you need it' finance director support at a fraction of the cost - the Virtual Finance Officer can:
Maintain the business accounting records Prepare the budget
Advice on pricing
Prepare cash flow and profit forecasts Prepare and interpret management accounts
Ensure payroll and automatic enrolment compliance Prepare and review VAT Returns
Prepare and review annual accounts Liaise with external finance providers
Ensure corporate and personal tax returns are compliant Deal with company secretarial work
Attend at board meetings Work on business strategy
Be a trusted sounding board for ideas
This leaves our clients to concentrate on their business, the thing that they do best.
Cloud accounting is the simple way of enabling software to be stored and accessed online.
This method of accounting works in the same way as accounting software that would traditionally be stored on your computer, but instead, is hosted on remote servers.
There are many benefits of making use of cloud accounting:
Ease of access is one of the primary advantages associated with cloud-based accounting. Data can be viewed anywhere and at any time by you and those to whom you give access.
Your data is securely stored and backed-up in the cloud - meaning that you will not be filling up valuable storage space on your hard drive.
Cloud accounting services automatically update and upgrade, allowing you to devote more time and attention to your business.
The use of real time information associated with cloud accounting means that your data will always be up to date and current.
Cloud services are extremely cost-effective: expensive computer equipment does not need to be installed in offices as everything is stored online.
It is clear to see that cloud accounting is the way forward: its ease of use, accessibility, and cost effectiveness ensures that it remains a popular choice for businesses worldwide.
Why use our cloud accounting service?
We can advise on the set up and implementation of various cloud accounting solutions, including full initial training and support
We are experienced in converting existing desktop bookkeeping software data to cloud-based solutions
We use these solutions within our own bookkeeping department so are well practiced in overcoming the practical problems of implementing cloud accounting
Managing a business or organisation is not straightforward.
Decisions must be made daily where you are judged on the outcome, but also, if it is your own business, your personal financial position is inextricably and immediately impacted.
Preparing regular management accounts provides you with the key information that you need to make informed decisions, monitor the financial performance and monitor key performance indicators.
Why use our management accounts service?
We will prepare management accounts at a frequency that matches your needs - monthly, quarterly or bi-annually
We will agree key performance indicators that you would like monitored - for example, monitoring the average amount of time your customers are taking to pay you?
We explain the key messages shown by the information helping you to understand what you need to know (for example falling gross profit margins or an increase in the time your customers are taking to pay you)
We provide regular estimates of business and personal tax to help you manage your future cash-flow
We provide management information to support you in obtaining finance for your business and improves your creditability with lenders.
At Marshall & Co we see a variety of reasons why a business valuation is required.
This can be because of:
Marketing a business for sale
Establishing a value for a share option scheme
Dealing with shareholder disputes.
The valuation of private companies can be a subjective task, so our aim is to
provide detailed, yet understandable, valuations that stand up to scrutiny.
We use current best practice methods that benefit from our experience of producing business valuations. In preparing valuations, our team is experienced in applying various models to businesses in order to give a reasonable valuation. These techniques include the asset, earnings and discounted cash flow models.
Our valuations incorporate descriptive narrative to ensure that, whilst being comprehensive and technical, they are also understandable.
In the course of acquisition and sale negotiations, it is common for our clients to need to evaluate valuations prepared by other professional advisers. We can provide a simple overview or a comprehensive review of other valuation models in a jargon free and easy to understand format.
A shareholders' agreement is an agreement entered into between all or some of the shareholders in a company. It regulates the relationship between the shareholders, the management of the company, ownership of the shares and the protection of the shareholders.
It also governs the way in which the company is run.
It may be usual to combine the use of a shareholders' agreement with a specifically drafted set of articles of association for your company.
Shareholders' agreements are often used as a safeguard and to give protection to shareholders, because (amongst other things) they can provide for what happens if 'things go wrong'.
An agreement can provide for many eventualities including the financing of the company, the management of the company, the dividend policy, the procedure to be followed on a transfer of shares, deadlock situations and valuation of the shares.
HMRC Investigations, Disclosure and Campaigns
Being the subject of a tax investigation by HMRC is inevitably a worrying and stressful experience. In this situation you need the advice and experience of an established firm of accountants. That is where we can help.
Marshall & Co liaises with HMRC on your behalf and provides expert help and support. So, if your business becomes subject to an enquiry, don't panic - let us do the hard work for you!
Fee Protection Insurance
More information to follow
At Marshall & Co, we know what it takes to ensure your business fulfils its potential. We aren't just there to do the paperwork; we take time to get to know your business and become part of your team as you approach a deal which could change your organisation forever. We carry out all due diligence ensuring your peace of mind in potentially life-changing circumstances.
You can rely on our successful and experienced corporate finance team to provide you with the critical know-how and guide you through the deal process, guaranteeing your business maximises the potential of every part of the deal.
In simple terms: we help people buy and sell businesses and we help businesses raise finance.
At Marshall & Co, we work with your barrister or solicitor to study and interpret the facts of your case. Where relevant, we can help you settle the matter out of court although, if the need to pursue litigation does arise, we are able to supply the relevant information and documentation to support your case; produce valuations in support of a claim; and act as an expert witness in court.
We have acted for many clients over the years, producing forensic reports to assist with divorce proceedings, failed business acquisitions and Motor Insurer' s Bureau disputes.