Once you’ve established yourself in business, the challenges shift. The focus now becomes increasing sales and profits. Growth is the goal, but it needs managing or it can get ahead and send you off course.
“Do I have enough staff?”, “Are my current premises big enough?”, “What’s the market doing and how should I respond?” These are the sorts of questions you’ll be wrestling with. Nail them, and you stay two steps in front of the competition.
By working with you to spot opportunities, flag the threats and map out forward-looking plans for success, we help you create a business plan and make sure the right resources are in place when you need them, so you can navigate this stage with confidence and control.
We don’t just provide traditional accounting services. We support your business growth with smart proactive planning, sharp thinking, no-BS advice and clear next steps.
Helping you plan and producing financial projections to grow your business more confidently.
Calculating your future tax and suggesting smart, 100% above-board ways to reduce it.
Negotiating with your bank to secure the extra funds you need to turn growth goals into reality.
Reviewing your business structure to make sure it still works for you and won’t hold you back.
Keeping an eye on performance with regular meetings to touch base and plan your next moves.
We’ve supported hundreds of clients as they scaled and strengthened their businesses - but don’t just take our word for it.
Our experts bring specialist expertise, local knowledge and networks, genuine care – and a little banter – to your table. You get a core team – director, manager, accountant and client service coordinator – all keeping you and your business on track.
See how we’ve supported business owners like you through the growth stage – and the fantastic results they’ve achieved.
“There’s lots of accountants out there, but it’s the strategic advice you get out of Maxim that’s been the biggest value to us.
Maxim has been like a mentor. We have monthly catchups to review finances and plan big moves together, and their insights have been invaluable.”
Mathew Watson
General Manager
Every business is unique, but we hear the same questions over and over at this stage. Here are some that come up often, with our answers.
Growing a business is exciting. But it also throws up complex issues you might not have faced before. That’s where we come in as your growth accountants and strategic advisors. As well as crunching numbers and doing your tax returns, we help you make sense of your market, guide strategic decisions and spot opportunities and issues before they become problems.
With expert market research and tailored advice, we can help you navigate expansion, manage risk and keep your business on track. We highly recommend growth accountants who understand the challenges at this stage, as it can make all the difference.
It’s easy to assume the money in your bank is all profit, but that’s not always the case. Profit and cash flow are different. Just because your business is profitable doesn’t mean you have the cash on hand.
For example, you might invoice a client $20,000, but if they haven’t paid by month-end, you’re still owed that money. On paper, it counts as profit, but the cash isn’t in your bank yet.
Similarly, loan repayments aren’t an expense; they’re a balance sheet item. So, cash from your profit may have already been used to repay loans. Profits could also be tied up in assets you’ve bought.
Our highly skilled chartered accountants and business advisors work with you to make sense of it all. We provide tailored solutions and insights so you can make informed business decisions and keep your business growing successfully.
Performance is often measured by comparing your trading results to your budget or last year’s performance. If you don’t have a forecast or budget in place, we recommend reviewing your trading performance anyway.
Check your internal records – profitability, sales and key performance indicators (KPIs), such as gross profit, direct profit and labour costs – to get a clear picture of how your business is going.
Our expert accountants and advisors offer tailored guidance and clear insights, helping you make informed business decisions that support your financial journey and a successful, growing business.
We get it! Running a business can feel overwhelming. Feeling stressed usually means things feel out of control, especially if you’re unsure about your financial position or don’t have a handle on your financial statements, balance sheet and cash flow.
With a clear plan, regular check-ins on your numbers, and smart management of cash flow and debtors, you can take back control -and feel calmer and more confident about your company accounts, even when things get hectic.
We offer tailored advice and expert insights based on experience, helping you make informed business decisions so your business or company can grow successfully – without the constant stress.
We give you proactive tax advice and accountancy practices to ensure compliance – and to help you stay ahead and make smart decisions. To start, it’s important you know what your tax obligations are. Next, put a plan in place to meet them and avoid any penalties for late or non-payment.
A simple way for small businesses to do this is by creating a budget that includes your tax payments. Keep a close eye on cash flow and debtors so the money’s in your bank when it’s due.
As your growth accountants and advisors, we offer proactive, tailored tax advice, giving you clarity, confidence in your decisions, and the tools to grow your business successfully.
The answer to this is often very black and white. Some people say yes, some people say no, there’s no grey area.
Most people go into business for two reasons: to make more money and work fewer hours. The reality is, it usually feels like the opposite. It can take time before your business reaches a point where work/life balance actually improves.
The good news is, you get to choose whether that 80-hour week keeps happening! And you have the power to change it. Want more time for yourself or your family? With commitment and confidence, you can make it happen even with a growing business.
Our personal solutions and expert advice help you shape your business, simplify processes (for example, with cloud-based software) and make informed decisions – so your business grows successfully, and you still have time for yourself and your loved ones.
Check out our latest blogs. They’ll help you stay informed, tackle challenges and get clarity during this growth stage.
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