Marketing and design

Marketing and design firms are skilled at making their clients stand out in a crowd. But if you're busy helping other companies to be successful, you may need the expert advice of HB&O Chartered Accountants and Financial Advisers in Coventry, Leamington Spa and Warwickshire to assist your own business to fulfil its potential.

You may be just starting out in business as a one-person operation. If that's the case, we can advise you on the best business structure, with options including self-employed contractor or one-person limited company.

We can use our accounting systems expertise to help you put in place user-friendly software that allows you to keep track of income, expenses, invoices that have been paid or are still outstanding, manage your cash flow and prepare budgets. We can also assist you with your tax returns, to keep you compliant with HM Revenue & Customs.

As your business grows, you may find yourself needing bigger premises and taking on employees. At the same time, you'll almost certainly want to concentrate on growing your business rather than the growing complexity of your financial affairs.

HB&O will tailor our support to your business needs, providing services that help you to operate more efficiently and cost-effectively, like payroll, bookkeeping and VAT. We can also advise you on raising finance to develop your business, whether that means new premises or new IT systems, and how to plan your investment in the most tax-efficient way.

The nature of creative industries like marketing and design can make them vulnerable to fluctuations in fee income, so we can also advise on the setting of appropriate fee levels, financial forecasting and managing and improving business cash flow, as well as planning business strategies for the shorter-term and to help you achieve your long-term business goals, up to and into retirement.

As well as planning for the future of your business, we can also support you in planning for your own future, to help you achieve tax-efficient financial security in later life.

To discuss in more detail how our Coventry and Leamington Spa accountancy teams can help your marketing design business, please contact us.