Entrepreneurs with Growing Businesses

Entrepreneurs and corporate activity is however not simply about money. Business is about people; employing and motivating other people; finding people to buy from you and finding people to buy from. Business is about marketing, selling, delivering products and services. And business is about successes and disappointments. Underlying this are the financial consequences of your decisions and the measurement of those successes and disappointments.

To help you meet these challenges, Ritchie Phillips are able to assist with:

• Preparing business plans, forecasts and budgets
• Raising capital from investors and alternative finance providers
• Tax planning for both the business and you the entrepreneur
• Employee benefits and tax planning for your senior management team
• Business valuations for fiscal purposes
• Accounts and tax compliance

The advice we could provide you with ranges throughout the whole time you own your business venture from formation or acquisition through to sale or succession. For example, at formation the selection of the most suitable financial and legal structure is key to the tax efficient extraction and profits. It is also key to obtaining Business Asset Disposal Relief (formerly known as Entrepreneurs’ Relief) for Capital Gains Tax to maximise the after tax return if you sell your business.

By being a business ourselves, we understand the challenges faced by you as an entrepreneur or business owner. But more importantly, at Ritchie Phillips we take time to understand you and your business. That means we understand the whole picture and are able to provide industry specific support. Whilst we can tell you what your accounts mean, our focus is on the future and what options are available to you.