AVN
Sunday, February 05, 2012

Guidance From Your Key Advisers

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What you should expect from your accountant in a recession
 
You can download a one page checklist here that will help you ensure that you are getting the support and service from your accountant that you deserve in recessionary times.
 
For example, you should expect your accountant to…
  1. Carry out a diagnostic review to identify the key options for strengthening your cashflow
  2. Help you understand and manage your breakeven point so you are more able to survive falls in demand
  3. Benchmark you against others in your industry to identify the areas where you can most easily improve
  4. Identify which of the 8 key profit drivers has the greatest potential for you
  5. Guide you through the 43 ways to improve your debtor collection
  6. Advise you on how you can pay no tax on the profits from new products/services/divisions for 5-10 years
  7. Help you to cut your corporation and personal tax bills to zero (or close to zero)
  8. Create an initial improvement action plan covering all the key areas listed here
And the 15 other things outlined in the one page checklist here
 
If your accountant isn’t doing all of this for you
 
We have identified a panel of over 500 fully qualified senior accountants in more than 200 locations across the country who would be delighted to help you in all these ways.
 
It doesn’t even matter if you are 100% delighted with everything your current accountants are doing for your business. You will not have to switch accountant or do anything to upset your existing arrangements.
 
Theirs is simply an offer of help over and above what you are currently getting from your accountants.
 
If you would like a meeting with one of them on this basis – at no cost of course – to make progress on any aspect of beating the recession, simply click here.
  

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