2024 Autumn Budget
2024 Autumn Budget
Businesses go through cycles of contraction and expansion, often due to marketplace uncertainty and movement. The ability of a business to survive and thrive in shifting circumstances can come down to the flexibility of its structure.
We work with clients who might be suffering a market downturn and who need to look at the viability of their business model, to establish which (if any) areas have become a high cost or facing low market demand. They may need to be moved – or restructured – to protect the core business.
Or in some cases a business has become burdened with debt that is so costly to service, that profitability suffers, compromising opportunity for expansion and investment. Equally, market opportunity also means a business needs to be agile to take advantage of this – is the current structure right to enable rapid scaling?
Sometimes, directors are dealing with how to facilitate a shareholder who wishes to exit the business and needs to be bought out. Restructuring the business to protect and support high performing areas can bring about a renewed energy and a way forward for your business.
Heather&Co have been our accountants for many years. I have always been impressed with the level of personal service, the latest updates, the good advice that I have received and the high level of efficiency. I would recommend them to businesses both large and small.