Outsource your bookkeeping and re-build your business
It is fair to say 2020 has been a tough year. During these unprecedented times, children haven’t been able to attend school, we have missed our loved ones and businesses have struggled. Since March, many businesses have faced damage limitation and sadly, some of those have been shut down. For those that are just about keeping their heads above water, the future may feel bleak.
Nobody could have been prepared for the effect lockdown has had. Pubs and restaurants were the first to be hit, some of which recovered by offering takeaways. Others have not been that fortunate. Even though we are now attempting to return to normal, a recession is still sadly a possibility for many.
Some companies may be struggling to pay salaries each month, let alone make a profit!
If you are a business owner, you are no doubt inundated trying to catch up on the months you have lost. Employees will be returning to work and will need time to adapt. Team building will be important during this period, and as a business owner, it will be your responsibility to take the time for that to happen.
When it comes to running a business, the financial side can be difficult at the best of times. If you are a small business owner, you will be used to having to juggle several tasks at once. You will not only be keeping your customers happy, but you will also be trying to generate revenue and take care of your finances. As important as keeping on top of your finances is, it can be a chore. By outsourcing your bookkeeping, you will be saving time which will enable you to concentrate on other areas of your business.
We offer several professional services to help you keep on track, and if you have struggled during this difficult time, we can help you re-build your business, starting with your finances.
You can choose to either outsource your bookkeeping on a day-to-day basis, weekly, fortnightly, monthly, quarterly or annually. If you have employees, we also offer a payroll service. We have qualified professionals and also have software ensuring you comply with RTI deadlines. (https://www.gov.uk/running-payroll/reporting-to-hmrc)
Our services do not stop there. Keeping your cash flow as healthy as possible during lockdown is important. At CEM Bookkeeping, we understand how disruptive lockdown has been on businesses, especially with no prior warning for you to plan ahead. Even if your business was in good financial shape beforehand, you will no doubt be feeling the pressure now.
We will help you by setting up key performance indicators to help you run your business effectively, assessing your profit and loss and advising you where you may need to cut back on spending.
We have over 25 years of experience working alongside a broad range of companies. No matter what your industry, you will need to ensure you have completed your returns and submit them to HMRC on time. At CEM Bookkeeping, we can do this for you.
CEM Bookkeeping can provide you with computerised management accounts monthly or quarterly, and include a full report on profit and loss alongside a balance sheet.
We understand that not all businesses want to outsource their entire accounts straight away, especially if finances have been affected by lockdown. Our team of professionals will advise and help you to prioritise your accounts.
Whatever your requirements are during these worrying times, CEM Bookkeeping will help with any of your administration needs at affordable prices. Please do not hesitate in contacting us for a more in-depth conversation on how we can help you re-build your business, and prepare you moving forward during this difficult time.