Business Advisory

A successful business requires constant assessment and development to ensure that it continues to turn ideas, products and services into profits. A dynamic management team needs to take the right decisions based on up to the minute information.

At Thomas May & Co, we aim not only to provide the latest information but also act as an extra member of the management team.

Accounting Systems And Controls
We will actively assist clients in setting up reliable accounting systems, both computerised and manual and establishing key business controls based on our experience of similar businesses and industries.

Management Accounting
We can provide regular management information that is crucial to monitoring a business, including the preparation of monthly or quarterly management accounts, comparisons with budgets and trend analysis.

Profit And Cash Flow Forecasts
Our experienced team can prepare profit forecasts, cash flow projections and budgets using up to date software which enable forecasts to be flexed quickly to consider variations in assumptions and changing circumstances. We can draw up comprehensive business plans and will assist with any fund raising issues and negotiations with banks and other lenders.

Business Reviews & Healthchecks
We can carry out comprehensive business reviews and business benchmarking to provide useful comparisons with competitors and industry norms. Our healthchecks include tax compliance matters such as PAYE and VAT as well as general employment law issues.

Our partners and staff have considerable experience of working with clients of all sizes and many industry sectors. Our audit procedures are also commercially driven to ensure that we add value to your business and that your business continues to thrive through our active participation as a true business advisor.