When you started your business, the processes you developed helped you to manage all the behind the scenes tasks to enable you to provide products and services to your customers. As your business grows your processes will need to change for a number of reasons and Helen looks at these in her latest blog article.
We recognise the unique challenges legal practices face which is why we’ve created a comprehensive financial health check framework to help legal practices evaluate their performance and identify areas for improvement.
In the legal sector, where the timing of revenues and expenses can be unpredictable, maintaining a healthy cash flow is crucial for sustainability and growth.
Many professional services firms, particularly within the legal industry operate through a Limited Liability Partnership (LLP), with the Members of the LLP being equivalent to directors and/or shareholders of a limited company.
You might wonder why you should take the time to think about the terms of a Members’ Agreement and then pay for the Agreement to be drawn up? Helen looks at the 4 key reasons for drawing up an agreement in this blog.
The Accounts Rule 12.5, holds members responsible for ensuring the reporting accountant who prepares and signs the Accountant’s Report is a member of a chartered accountancy body and is, or works for, a registered auditor.
We believe in being involved with the local business community and that is why we network extensively, host regular business seminars, write blogs and have many trusted, professional contacts
