Business Profile
Many businesses are led by people with drive and enthusiasm in their products and services, which make a business successful.
However, many business owners lack accounting expertise or indeed do not have the inclination to get involved in the accounting aspects of the business.
For many, the answer to this problem lies in financial outsourcing.
Banks & Co accountancy and business services group specialises in the provision of financial outsourcing to a wide range of business sectors including technology, engineering, restaurants, import and export companies in addition to a broad range of owner managed and at times non-UK owned businesses.
By outsourcing, businesses can concentrate on their core business, while potentially reducing overheads and enjoying the benefits of total accountancy flexibility.
Banks & Co can provide a range of services to meet the individual needs of a business, providing peace of mind and total accountability.
Services on offer include:
n Processing of transaction on a monthly basis from original data
n Taking responsibility for the payroll function;
n Preparing monthly management accounts and information on clients premises taking responsibility for the finance function as a lead or part of a team;
n Acting as role equivalent to finance director with regular input to board meetings;
n Providing professional services to other firms, for example audit function where practitioners no longer wish to hold an audit licence;
n Working with referred clients on assignments assisting with the purchase and sale of businesses prior to handing them back to their professional relationship.
To help your business grow, Banks & Co will provide a team of accounting experts who fully understand the statutory requirements of your business and how changes in legislation may affect your business.
Experienced directors Martin Herring and Mark Taylor will work with your business at board level, while professional and dedicated senior members of staff Marjorie Herring, Suzanne Murphy and Jackie Doyle will be responsible for organising the delivery of the service for your company.
“Outsourcing your finance and accounting functions to Bank & Co will take a weight off your shoulders,” said Mark Taylor.
“Our dedicated team will work with you to ensure your requirements are met, enabling you to focus on your key business issues and streamline your processes.
“We provide a quality, innovative service with a fast turnaround. We provide expertise without the need to invest in internal, top-level staff.
“Outsourcing is one of the most simplistic options a business can choose when the need for a quality accounting service exceeds the in-house resources of a business.”
The benefits of outsourcing are numerous. By outsourcing you will never have to upgrade your accounting software, recruit new accounting personnel or find cover for holidays or sickness.
Outsourcing means you can manage your finances without the need for in-depth software or accounting training.
With regular financial reviews on current, not historical accounting information, problems can be prevented by taking pro-active action when needed.
In the current economic climate where finances are tight, outsourcing your finance department to Banks & Co is a simple step on the road to success.
At Banks & Co your accounting needs will be in safe hands.
For more information on outsourcing, call Mark Taylor at Banks & Co on (01635) 47337 or email mtaylor@banksco.co.uk
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