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Management Systems

 

 

We can help you put in place systems to help you to manage your business. Research has shown that the more effective a business runs without the involvement of its owner the more valuable that business becomes and more importantly this creates a better work/life balance for the business owner allowing them to spend more time doing the other things they enjoy.

  • Report on your Business Accounting Systems
    We can help you get the most out of your accounting systems by preparing a report setting out any weaknesses that we have found with your accounting systems, the consequences of these weaknesses and our suggestions on how to improve them. The purpose of this report is to highlight to you as the business owner areas of potential improvement that would increase the standard of your accounting systems and in turn lower your accountancy fees!
  • One Page Plan
    We measure all the key things that really matter by producing a monthly One Page Plan for you. It will highlight the gaps between your actual performance and your targets and help you create an action plan for closing these gaps. And it will do all of this on a single A4 sheet of paper.
  • Success Driver Mapping
    Success Driver Mapping allows you to map out and measure the key systems in your business, and then play with the sensitivities to help you identify where and how you can increase your sales and profits.
  • Business Valuation
    One of our key objectives is to help our clients increase the value of their business. Each year we can carry out a valuation of your business using software developed by the Added Value Network.
  • Financial Performance Review
    We can carry out a detailed review of the performance of your business over the last 12 months. This detailed report will include graphs and charts to illustrate how you have performed and ratio analysis to highlight your strengths and weaknesses.
  • Benchmarking Review
    L ike most other business owners, you would probably like to know exactly how you are performing. More importantly, you'd like to know exactly how much you are missing out on, and work out how to get what could and should be yours.

    Now you can with your Confidential Performance Report. We have joined forces with some of the country's other leading firms of accountants to co-fund the development of the UK's largest financial benchmarking database.

    As a result, you can focus your energies on catching up in those areas where you are weak and building on those areas where you are strong. So, with your Confidential Performance Report you'll have better measures and start on the road to better results.
  • Management Accounts
    Monitoring and controlling the financial performance of your business is of paramount importance and regular management information is vital to the continued success of your business. We can either carry out this function for you or help you set-up internal systems to generate the information.

    We can also take this service one step further by interpreting these figures for you and making suggestions to help you improve your profits or to help your business grow.
  • BoardView
    We will gladly come to any of your key business meetings as a resource to help you make the very best use of your time.

    And you can use us in any way you want - from silent observer to adjudicator, technical adviser to independent sounding board, chairman to minute taker, or even as the facilitator for brainstorming sessions. We can even prepare the agenda if you'd find that helpful. The choice of what you want us to do is entirely yours.

    In our experience, when smaller businesses - even one man band businesses - start holding board meetings they immediately start thinking like, acting like and achieving like their bigger and more successful counterparts. So if you're not already in the habit of holding regular board meetings, it could just be what you need to really give your results a boost.
  • Sage Training
    As part of the Sage Accountants’ Club we can acquire any Sage products for your business and install the software on your company's network. We also offer one-to-one bespoke training for all levels of use on Sage packages from introducing the software to a business to training team members on advanced use.
  • System Builder
    Research recently carried out by our colleagues in Sheffield shows that business owners - people just like you and me - would be willing to pay a staggering 86.77% more to buy a business which differs from its rivals in one crucial way.

So what is that one critical factor?

Well I'm sure you already know the answer….

According to research, the key to making a business more valuable is making it LESS dependent on you the business owner... and MORE dependent on systems - so that when you eventually come to sell your business it works just as well for the buyer without you, as it ever did with you.

In other words, the key is to create a business where everybody knows how to do everything to the same standard you would do it yourself…

…so that you the owner don't have to do it yourself (unless you want to, of course).

…and so that you the owner (and all future owners) can choose when to work, how long to work, and what work to do (for example, choosing to work ON your business rather than IN it), instead of the business always dictating those things to you.

And the key to making all of that happen is to systematise your business.

Put simply, it means creating systems that catalogue everything you know about running your business. Systems that your team can then use over and over again to do their jobs, and yours, perfectly... every single time.

So, if you would like to arrange a one to one briefing to discover how to increase the value of your business by 86.77%, simply e-mail us at info@woods-squared.co.uk or call on 0151 649 8456.

In the last 12 months we have saved our clients £3,004,477 in tax. Do you want to save tax? If so, click here to contact us today.

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