By using our dedicated team, you reduce the burden on your business and can fill any skills gaps that are causing you a problem. Let us handle issues such as holiday and sickness cover and staff replacement and recruitment. We can also manage your finance team, oversee accountancy system upgrades and ensure that you comply with changing legislation.
There are three packages you can choose from, ensuring that our service matches the needs of your company and your budget.
A bespoke package can also be created should these not suit your business.
We’ll help you decide on the most appropriate structure for your business; sole trader, partnership or limited company. The next step is advising you on how best to reward yourself and your staff and work with you to grow the business and achieve your financial goals.
There are plenty of fundamentals you need to have in place to ensure you comply with legal and HMRC regulations. Beech can support you with your annual reporting, accounts and taxation – getting everything right first time and meeting all the relevant deadlines.
Whether our team of experts works on-site or provides assistance through cloud-based accounting remotely, our service is tailored to your needs. We are partners with Xero, Quickbooks and Sage, and also happy to use other cloud packages or your own bespoke system.
As well as helping you to decide on the right VAT scheme, we’ll register your business and complete and submit your quarterly returns, ensuring you meet the relevant deadlines.
Traditional desktop accounting is increasingly being replaced by cloud packages and it seems likely that all but the smallest businesses will have to file quarterly tax returns online in the future. We work with Xero, Quickbooks and Sage, so can ensure that you’re ready for this step change towards easy-to-use digital reporting. There are a range of other benefits too, including closer collaboration with Beech, as we’re able to access the software in real time to give you timely advice. The programs are constantly updated, so you can take advantage of regular improvements and automatic upgrades. And the automation means that you can easily import data from bank accounts, avoiding errors that are inevitable when you’re keying information in. It’s even possible to transfer your last two years of data from previous software.
By working with Beech, you can take advantage of a dedicated payroll team which provides a bespoke service on a weekly or monthly basis as required. We’ll process your payroll, ensuring you comply with Real Time Information rules and other legislation, and we can also set up and manage your auto-enrolment process for pensions. Our pledge is that the service is confidential, secure, accurate and delivered on time. We’re a BACS-approved bureau and can also provide a secure, online payslip service. Our information exchange portal guarantees you even further security in the handling of data. No wonder some 500 clients are already trusting us to deliver their payroll.
We can review your software and advise if you are on the most suitable package. Full training and support can be offered on all major software, tailored to your requirements.
We can prepare timely and accurate management accounts and perform budget variance analysis to help you with your business decision-making. It’s a process that can identify key performance indicators and highlight key areas of focus. In addition, you’ll have a clear analysis of sales and overheads and a full picture of Fixed assets, Stock, Bank and Cash, Debtors and Creditors. Choose from a monthly, quarterly or six-monthly service, depending on your needs.
If you can’t justify a full-time Financial Controller within your business, we can provide you with regular support or maybe someone to take on an interim role. That way, we’re able to help you with strategic planning and growth plans, report on KPIs and benchmark you against the wider market. It’s always helpful to have someone producing and interpreting management information, who can then challenge you on your business performance. We can develop business plans and also forecast profit and cashflow.
We’ll help you prepare business plans and forecasting to access funding and compare your actual performance to expectations.
Our Directors will take time to understand your business and financial goals, so they can best help you work towards organic growth or more rapid expansion, as well as a possible sale or succession plan. They’ll then follow up with regular strategic meetings to monitor ongoing performance. At Beech, we not only create financial and operational business plans, but also fully integrate profit and cashflow planning support for specific fundraising projects.
We can help with company valuations to complete deals on favourable terms and ensure that risks are minimised. We’re also able to identify suitable acquisition targets through our network of local and national contacts. You can rely on our support every step of the way: from valuation and deal structure through to funding and advice on tax implications.
We can arrange a wide variety of business finance from conventional overdrafts and loans through to commercial mortgages, factoring and confidential invoice discounting. We can also assist with asset finance, stock and other trade finance and help facilitate relationships with venture capital firms and business angels. Where appropriate, we can support you in accessing grants
We can undertake investigations and due diligence for clients and also act on behalf of banks and other investors. Our reports are designed to help with decision-making on acquisitions and lending.
Jo is providing an excellent service. We are a complicated bunch and have demanded a lot from her in recent weeks; she has been fantastic.
“Just wanted to say how great Hayley has been and is in general. Very efficient, polite and helpful – couldn’t ask for anyone else to do our payroll, she has been great from the moment we took over and absolute gem this last few days.”
Anthony at Beech provides the services of an in-house accountant at a fraction of the cost. He helps with everything from credit control, through to annual budgeting, monthly performance analysis and year end accounts and tax.
“I would like to place on record my sincere gratitude to Mark Leece and his team for all the sterling work they do. My knowledge of payroll matters could be written on a postage stamp and Mark and his team take care of absolutely everything including auto enrolment. He is always available for advice and is an absolute godsend !”
“Beech were excellent when they stepped in to support on a transition for our Management Accountant who was retiring. Over a 3 month rigorous and often complex handover they moved our system onto cloud based package Xero, giving the management team access to real time information. As a charity it is critical that we manage our funding and performance very carefully in line with legislation and business planning. We rely on Beech to prepare our monthly pack and Jo attends monthly board meetings, providing a valuable sounding board and critical friend approach helping us give future direction to the business.”
“Accurate financial information is critical to the successful running of our business. Beech, through Jo, produce accurate and timely monthly management accounts. David always highlights anomalies to expectation and helps us to make proactive and informed decisions.”
“When we got the opportunity to expand the Retreat brand to open a new restaurant, Beech helped us with our business plan and prepared cashflow projections which enabled us to secure the necessary funding to support the deal. They also formed a new company and advised on the registration for VAT etc “
“The main benefit of our partnership with Beech is that, with their support and advice, we have the knowledge to make confident business decisions. They have been a great help with our recent expansion of both shops and product lines. Jo produces a monthly pack explaining in detail departmental performance in comparison to previous year and budget. Chris attends monthly meetings to discuss the results and challenge us on the way forward.”
“We have been working with Philip and the Beech team for many years and they are an extension of our finance team.
Management accounts are produced monthly to department level, which are then reviewed in monthly board meetings with Phil to make sure we are moving in the right direction “
