Growth is never by mere chance; it is the result of forces working together.
Business growth is generally always a good thing but it can bring with it new problems and challenges in a number of business areas. This might include having to consider increasing the workforce, expanding production, launching new product lines or increasing your marketing efforts.
How will you handle additional orders, attract new customers or finance the expansion? The list goes on and on and its important to get great advice to make sure your business grows at a pace your company can manage.
“It should be said that before working with The Profit Key I thought of my accountants as just another cost to my business, but now I can say they are a valuable and essential part of the business – one that repays its cost many times over, every year” Keith Lycett – Director – Radtec Racing Radiators Ltd
Talk to The Profit Key Today
The Profit Key are here to help you and your business every step of the way. From tax return advice to legacy planning, we’re here to help you. If you have and questions about what we can do for you and your company, do not hesitate to get in touch, or call 01530 416 555.
Business process re-engineering is where companies study their existing business processes and develop new methods to improve productivity, efficiency, and reduce operational costs. The process involves recommending ways the company can make improvements that achieve it’s long term goals.
Raising business finance
Raising funding for your business is often one of the first hurdles that a new owner may encounter but can also be an issue for more established companies as they expand and grow their businesses. We take a look at all the business financing options such as loans, grants and external investment to find the best solution for your business.
Reorganising the legal, ownership, operational, or other structures of a company is aimed at making it more profitable, or better suited to the current or future situation. It can also be useful when there’s a change of ownership or in response to a crisis. It’s important all aspects are considered prior to any decisions to avoid making costly mistakes that can damage the business.
Putting in place the processes and systems to scale up your business is challenging. Getting it right has the potential to significantly affect it’s profitability and future value. However it is difficult to get right and can actually damage your business rather than grow it. We can help you make the right decisions and help you succeed with your business scaling project.
The Profit Key have access to a substantial UK wide database of benchmarked businesses. Let us check over your accounts, then measure your business against other businesses in the same industry or trade.
Using up-to-the-minute figures and statistics, we’ll make an assessment of where you are now and share with you what you need to do to become more competitive and more profitable.