Old Mill accountants can help you make the best of opportunities.
According to Old Mill managing partner Jolyon Stonehouse, although some economic indicators are looking more encouraging than a few months ago most pundits agree that the next six months are going to be tough for local businesses. This makes it all the more important for them to seek professional help to make the most of opportunities in the current situation.
Over the past few months Old Mill has found two areas where their constructive help they has been of great help. The first is dealing with bank managers, especially where there is a need to gain extra funding, or to rearrange existing funding. Here measures such as identifying special items, bolstering the balance sheet, changing the year end or providing a robust narrative have been show to be invaluable.
The second area is in the perennial fight with the tax man. The government is caught in a paradox where they want to both encourage businesses to grow but at the same time need to increase taxes to balance their books. This results in a fluid situation where Old Mill can help clients both defensively, to avoid some of the traps, and positively, to take advantage of some aspects of the tax regime which still look attractive.
If you would like a free no obligation meeting to see if Old Mill can help you please email yeovil@oldmillgroup.co.uk