Accounting in Southport

Many times, the banks ask for your enterprise’s financial information. For all the wrong reasons, some people simply give the banks their business financials prepared for taxation purposes. Instead of showing their enterprise in the best and most correct light, they show their enterprise in the worst light. The financial information they show is for taxation purposes, ie. low profit.

Although the reports for taxation purposes are true, correct and legitimate, it reflects all the special tax concessions applicable for such enterprise, which does not necessarily reflect the real picture from a management point of view.

Your banker wants to see that your enterprise is

We can prepare your financial reports for banking purposes together with a reconciliation for tax purposes and answer all your bank's questions in this regard. Please note that we also have our contacts with loan brokers and bankers in case you require this service.

Cash is King!

An astute entrepreneur always ensures that there is sufficient cash inflow into the business, not only to provide for immediate debts but also to accumulate cash reserves.

Managing loans and business lines of credit could amount to do-or-die in business terms. A healthy cash inflow means a healthy entrepreneur, no nail-biting or teeth-grinding at night.

Cashflow management is not as simple as it sounds, especially if your business involves the following items:

Please note that budgets projected cash flows are often required by banks when you borrow funds for your business, either to acquire it or to expand it.