Making suitable business decisions means understanding your business’s finances. You must manage finances carefully to maximise profitability, but where to start?

Dickson and Co Chartered Certified Accountants’ experienced team has over 29 years providing financial consulting services, offering expert advice to help you understand your finances and achieve your business goals.  

We can create and review management accounts, support budgeting and cash flow management, and conduct detailed financial analysis to maximise growth and improvement.

You need specialist knowledge to carry out financial analysis, so always speak to a professional.

Get in touch with Dickson and Co Chartered Certified Accountants for expert financial consulting.

Here’s how we can help:

Management accounts

Management accounts are business reports that give detailed insight into your finances. Whilst not mandatory, they help you understand your business's performance and how it can improve.

You need to review your management accounts to keep your business objectives on track. It’s a good idea to meet with a financial advisor to discuss your progress and get strategic adjustment advice.

Dickson and Co Chartered Certified Accountants/We can:

• Prepare monthly and quarterly management accounts.
• Hold in-year financial performance review meetings.
• Keep your business on track with strategic advice.

Budgeting, business strategy and planning

Budgeting means planning how to spend your business’s money. A business budget identifies available funds, forecasts future spending and revenue and assesses financial risks.

A business budget helps you set and achieve business goals. Having a clear understanding of your budget means you can prioritise goals at the right time, in line with your revenue forecasts.

Dickson and Co Chartered Certified Accountants/We can:

• Support with budgeting and forecasting.
• Help plan and allocate resources effectively and identify potential financial risks and opportunities.
• Strategically plan and advise on setting and achieving business goals.
• Assist with improving operational efficiency and enhancing profitability.

Financial analysis

Financial analysis evaluates a business’s financial performance and is vital for investment plans and growth. By reviewing your financial statements, you can see how your business performed alongside identifying strengths, weaknesses and growth opportunities.

Financial analysis is complicated, so use a professional analyst.

Dickson and Co Chartered Certified Accountants/We can:

• Carry out in-depth financial analysis to provide business performance insights.
• Identify areas for improvement and growth opportunities.

Cash flow management and cost control

Cash flow is the money that goes in and out of your business. It’s managed by monitoring money coming in against outgoings. Proper cash flow management means you’ll have enough money to pay bills whilst making a profit.

Cost control reduces business expenses and increases profits by comparing your business budget’s financial forecasts with actual results. It can identify higher-than-expected costs, allowing you to take steps to manage them quickly.

Dickson and Co Chartered Certified Accountants/We can:

• Provide guidance on effective cash flow management to keep your business liquid and financially stable.
• Advise on cost control and improving efficiency to enhance your business’s profitability.

Talk to Dickson and Co Chartered Certified Accountants for effective financial consulting.