VAT Information Exchange system (VIES)
CUSTOMER RETENTION STRATEGIES
| Without customers, your business simply would not exist. Some businesses are so focused on winning new customers that they often neglect to put any effort into retaining the customers they already have! Winning new customers is often far more expensive than retaining existing ones. Winning a new contract may cost time in terms of developing a sales pitch and cash in terms of corporate entertainment in order to win over your target client. By contrast, retaining an existing customer might be as simple as sending them a thank you card with a voucher enclosed offering 10% off their next purchase! |
Key Business Trends for 2020
The environment, wellbeing, mental health and technology look set to be some of the big business trends in 2020.
As we move into 2020, businesses will have to adapt to a world that places greater emphasis on sustainable business practices. People will want to work for firms that take care of their employees in terms of their physical and mental health.
Technology will continue to be the key enabler to allow us to work flexibly, remotely and more effectively. It looks like 2020 is set to be a busy year for businesses in the UK and internationally.
Customers are becoming more environmentally aware. Companies like Beyond Meat, the maker of plant-based, protein-rich foods or Everlane, which creates clothes from recycled fibres and plastics, are gaining traction. People are trying to reduce their carbon footprint and are making buying decisions on the basis of the environmental credentials of businesses.
Our team of accountants and tax advisers are all highly competent professionals providing proactive and quality advice to businesses, individuals, contractors and SMEs.
The Seed Enterprise Investment Scheme (SEIS) offers great tax efficient benefits to investors in return for investment in small and early stage start-up businesses in the UK.
Have You Missed Out On Some Tax That Could Have Been Saved? Here we have a designed a simple guide for you to understand the usefulness of Research & Development Tax Credits.
Tax inquiries and investigations can be expensive, stressful and cause huge emotional distress. We provide a full range of tax advice to individuals, trusts, and companies .
We will not overload you with any technical jargons rather make it crystal clear for you to decide on what exact information you would like to register for your new company.
The current economic climate has re-emphasized to the business world the importance of keeping costs to a minimum and being as efficient as possible.
HMRC has initiated a new system in place that enables all business owners and individuals to stay up and running with their taxes right on a digital platform with more frequency of Returns Submission.
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Makesworth Accountants offers first-class professional courses on Accountancy, Payroll, Bookkeeping and many more. These training packages are available through our sister company.
With the advancement of technology, it is vital we have access to real-time financial information to be able to track how your business is faring, whilst empowering you to make the decisions needed to grow and develop your company.
Entrepreneurs thinking of expanding the business means that their initial business plan has worked very well and therefore they are ready to grow now. So having the hard-work paid off.
Entrepreneurs thinking of expanding the business means that their initial business plan has worked very well and therefore they are ready to grow now. So having the hard-work paid off, you need to be proud of your achievements and also be ready for more hard-work to gain more growth in your business.
Business expansion will involve a lot of time, money and effort in regards to planning, cash flow management, growth strategy development. All types of investment come with risk and therefore, the right team of professionals is required to guide you through every step and ensure that your plans are designed for a smooth implementation.
Why Choose Makesworth?
- We are a team of practical and experienced professional to assist you in your journey of business expansion.
- Once the plan is set up, our team will provide you with valuable insights and advice as we go along together.
- Assistance provided in the preparation of business plans and goals.
- Preparation of financial statements with relevant forecasts
- Advice provided in regards to Mergers & Acquisitions for your business
- Market analysis and presentation highlighting potential strengths and weaknesses
- Tax efficiency is ensured with expenses kept to a minimum with maximum profit to make sure that your costs are reduced in the process of business growth.
- Your business needs for additional capital investment will be analyzed and advise will be presented to you accordingly.
