We understand the most tax efficient way to extract profits for any owners and managers, taking into consideration the specific situation and the expected timescale.

Ask about Profit Extraction

We will review your current financial position with you in detail and relate that to your wishes and aspirations. We review your company or business, consider your pension position and make recommendations for your future course of action with the appropriate professional help.

Ask about Personal Financial Planning & Review

As your business grows, it is important to marry this to your strategy, business goals and long-term objectives. Our strategic advice and practical help will let you concentrate on running your business, giving you time to do the most effective work.

We help to implement systems which will increase efficiency, or you can outsource some, or even all of your financial systems, to us.

Ask about Growth and Profit Maximisation

Shareholders of privately owned businesses are often hands-on with the day-to-day running of the business.  A Shareholders Agreement should be established at the outset in order that events such as exit are clearly managed.

Exisiting business structures that are family owned and managed can become complicated and certain events can trigger other implications.

Bullimores can offer impartial advice based on our vast experience of how to successfully plan for exit by an individual or group of shareholders.

Ask about Shareholder Advice

We understand that business is dynamic and the structure that was initially put in place may need to change. The structuring of a business may be the key to its long-term success. Structures such as sole trade, limited liability partnership, limited companies all have differing tax implications for the owners and managers.

A successful restructuring of the business can also help with staff retention, as well as improve liquidity and cash flows.

Business trading and expectations change, so it is important that you understand the tax implications of restructuring, opportunities from aquisitions and disposals and threats of holding on to old structures.

With your ambitions in mind we can advise on the best structure.

Ask about Business Restructuring

In order that the business can continue without the direct movement of the founder, succession planning may need to be considered. The business may be passed to family, sold to a third party or existing management. We can help identify the options available.

Ask about Succession Planning