How do I grow my business?

It can be difficult to make growth happen without the help of experienced financial advisors. Vertiqo can help you assess your current position and identify your strengths and weaknesses. We can also help you make the most of any growth opportunities that are available to you and determine whether additional funding is required. As your journey progresses, you’ll need to look at new products and markets, get a real advantage over your competitors and strengthen your branding. You
may need to make improvements to your leadership team and improve the way that you sell to your customers.

How do I protect my cashflow?

Owner-managed businesses frequently struggle to maintain a healthy cash flow but there are things you can do to minimise the risk. When taking on a new customer, it’s essential to carry out research/credit checks. This will help you find out whether you’re dealing with a credible client. It may be possible to get paid in advance or at least on delivery. It’s also wise to get the customer to approve your payment terms before you start selling to them. In some cases, it can be helpful to offer small discounts to customers who pay promptly or even early. However, avoid discounting too much as this could have a considerable impact on your finances.

How do I expand my business internationally?

Many entrepreneurs decide to avoid the common pitfalls by setting up joint ventures. Mergers and acquisitions can help you achieve more global success too and can help you acquire the in-house expertise you need to expand. We have vast experience when it comes to helping businesses with overseas expansion, and we can provide you with expert advice that helps you avoid many of the problems associated with moving into new territories.

Why do I need an audit?

Being audited can show your business is acting in a compliant manner and helps you win the confidence of investors. It also gives you a chance to assess the efficiency of your controls and processes. Legislative changes over the years have meant that your business may not legally be required to have an audit carried out. However, for some businesses such as PLCs, it is a legal requirement to have an audit carried out whether they meet the above criteria or not. Even if you’re not legally obliged to have an audit carried out, it could still be beneficial to be audited.