Travel and Subsistence for Directors and Employees
Travel and Subsistence for Directors and Employees
Businesses go through cycles of contraction and expansion, often due to marketplace uncertainty and movement. The ability of a business to survive and thrive in shifting circumstances can come down to the flexibility of its structure.
We work with clients who might be suffering a market downturn and who need to look at the viability of their business model, to establish which (if any) areas have become a high cost or facing low market demand. They may need to be moved – or restructured – to protect the core business.
Or in some cases a business has become burdened with debt that is so costly to service, that profitability suffers, compromising opportunity for expansion and investment. Equally, market opportunity also means a business needs to be agile to take advantage of this – is the current structure right to enable rapid scaling?
Sometimes, directors are dealing with how to facilitate a shareholder who wishes to exit the business and needs to be bought out. Restructuring the business to protect and support high performing areas can bring about a renewed energy and a way forward for your business.
Travel and Subsistence for Directors and Employees
Heather&Co have been our accountants for many years. I have always been impressed with the level of personal service, the latest updates, the good advice that I have received and the high level of efficiency. I would recommend them to businesses both large and small.