We are at present living through times which we have never seen before and will probably never see again. This time last year we could never in our wildest nightmares envisaged the carnage that the coronavirus was going to reap right across the world, as news began to seep out of Wuhan, China that a new virus had emerged.
Large Swathes Of The Business Community Reeling
We have been living with this awful scenario for nearly 12 months now, and on top of this we now have Brexit and all the changes and the new rules and regulations this has brought upon us. This has left large swathes of the business community in Northern Ireland reeling as their revenues have quickly dwindled down.
Times are indeed very tough right now and are likely to stay so for a few months yet, which is why businesses need all the help they can possibly get. I know we have mentioned this in a few of our blogs in recent times but we cannot stress enough that business owners reach out for help to a reputable accountancy firm such as ourselves. We can`t perform miracles but we can certainly bring a lot of value to your business in so many areas.
Bringing Value To Your Business
Your tax situation for one thing. Whether you are self-employed as a one man business or you are a company director we can give you expert advice on your tax affairs so that you can stay on the right side of the HMRC but take advantage of any tax breaks that are available. This is vital for any business.
Having a strategic financial business plan is also essential to keep your business solvent and to thrive in the future. Every business needs both a short term and a long term business plan that they can work to which are flexible enough to tweak as circumstances arrive (as we know circumstances do arrive at very short notice!). The business plans need to be workable, achievable and effective in giving your business the best possible opportunity to succeed in your particular business sector.
Funding Available For Businesses
There are often funding opportunities available for businesses that they are unaware of. Funding at various times can be such a boost to a business, especially if they are grants that do not have to be repaid.
At WHR Accountants we can assess what funding may be available for your business and help you apply for that funding so that you have the best possible chance of getting it granted to you.
There are many other areas that WHR Accountants can help you but first we need to talk with you to understand exactly what you need. You can give our offices a call for a no obligation chat on 028 3752 2909.