Managing a business – overcoming challenges

As a business owner, it's likely that your days are consumed with managing the day-to-day operations, leaving little time for your own business development.

This may result in difficulties finding the right work-life balance or achieving the maximum growth and success for your business.

At Lamont Pridmore, we understand these challenges and offer innovative business advisory services to help you achieve your business goals, increase profitability and plan for a secure financial future.

We're dedicated to providing personalised support to help you reach your goals and enjoy the fruits of your labour. We're committed to helping business owners like you succeed.

Our services include:
Business start-up and strategic business planning

We help you create a clear strategic direction and formulate a plan, backed up by the financials, to ensure future business or product viability. 

Business growth and financing

We assist you in accessing the finance you need, whether from banks or alternative funding sources, including commercial mortgages, invoice or asset financing, grant funding, peer-to-peer lending and business angels.

Tax planning and tax saving

Our expert tax experts provide guidance on tax planning, which when undertaken at critical stages of the business cycle, can result in considerable tax savings, while understanding your personal and business goals.

Credit control, your cash flow cycle and working capital management

We review and develop robust credit control procedures and advise on work turnaround times, stockholding, debtor days and creditor days to help you manage a healthy cash flow cycle.

Profit and performance review

We help you boost your profitability and performance by benchmarking your performance against others in your sector and creating the key performance indicators to drive the business forward.

Pricing review, profit margins and competitor analysis

Understanding your competitor’s performance with our annual competitor analysis and pricing review can help you increase profits while remaining competitive in your markets.

Cost control

We assist you in controlling costs in areas such as utilities, phone and internet services, insurance, leasing, consumables, cleaning and waste management which can lead to increased profits.

Outsourced finance director service

Our finance director service takes care of important financial duties, including monthly management information, updating key performance indicators or developing the dashboard to regularly monitor performance.

Developing your Life Wealth Plan

A Life Wealth Plan will help you plan for a comfortable retirement in the most tax-efficient way by reviewing your pensions, savings, investments and business exit strategy throughout your lifetime to ensure they continue to meet your future needs. 

Retirement or succession planning

We offer support with your retirement, sale or succession planning process to ensure your business stays in safe hands. We specialise in working with family businesses and can help manage family and non-family members.

Maximising the overall value of your business before sale

Our experts work with you to identify new growth opportunities and ensure all contracts, systems, procedures and structures are appropriate and up to date, as well as minimising future tax liabilities.  By maximising the value of your business in this way, it will be attractive to potential buyers.

Why Lamont Pridmore?

Of course, we offer all the essential accountancy and compliance services you need, including payroll, tax, VAT, auditing, and accounts preparation, but we look to the future rather than the past.  We help you understand the impact of your decisions before you make them and focus on three key things:

1. Keeping your tax liabilities to a minimum

2. Helping you to make more money

3. Investing your wealth wisely

Start your business transformation by speaking to us today.

Call 0800 234 6978 or email: info@lamontpridmore.co.uk

Working with Lamont Pridmore might be the best next decision you make.