Our clients are typically owner managed businesses who need more from their accounts than just a tax return but do not have the resources for a full time internal position. These range across different industries but we specialise in services to retail and manufacturing companies.
Compliance bugs ironed out for Software Developer
Our client, a software development company, was looking for a smart online solution to accounting. They had previously tried a fixed fee per month online software and service package but found themselves frustrated by slow response times, poor quality advice and incorrect filings. They came to us looking for the same ease of use without the dumbing down of the professional advice. We migrated them from their prior provider to Xero and corrected previously incorrect filings leaving them free to develop their software and their business.
“We’ve been in business for several years and during that time we’ve been consistently underwhelmed by the performance of a number of accountants, either through their lack of knowledge or because they’ve not been very proactive in applying that knowledge. It was through sheer luck and a search through a local business directory that I came across Belsoft, and I’ve since recommended them on to several of my business colleagues. I was particularly impressed when Lyn spotted some seriously sticky issues which had been left unresolved by our previous accountants (and a solicitor). Lyn picked up the problem and sorted it out whilst keeping us informed along the way. Belsoft provide a fantastic service which I haven’t seen matched by any other accountant. Great company.”
New system for Internet retailer opens eyes
We worked with a growing internet retailer that was using Excel spreadsheets to manage stock and accounting. This gave them several problems:
• Lost income from poor controls
• No visibility of profit and margins
• Unreliable stock values
Our solution was to install a new accounting system and to write a custom interface to their online software to integrate the two systems. They now have clear visibility of sales and margins and are able to determine the most profitable areas to focus on for growth.
“Lyn’s personable approach is consultative and detailed in establishing the business requirements and incisive in the design and delivery of the solution provided. It is our intention to retain Lyn’s services as a business consultant.”
Business planning drives ambition for design company
We are working with a young graphic design business with ambitions to become a large design and print agency. As part of our Business Accounts Plus package we have worked with this business to draw together a 5 year financial plan for growth. Through a strategic approach to growing the business they are now on target for 65% sales growth this year.
High street retailer gets thumbs up from Tax Office
A high street retailer who was behind with their accounts and unable to contact their accountant came to us for help. We worked with them to bring their records up to date ensure compliance with tax laws. They have now just had a tax inspection and were thrilled to be informed that the tax office had no suggestions for improvement.
“Thanks for your wonderful help and service over the past two years. I would certainly recommend your services to other business owners, who wish to be able to focus on their businesses knowing they are on the right side of government rules and regulations. I also recommend your services in financial planning which have served to help my business remain strong and continue to develop in accordance with my mission statement.”