Many small businesses struggle to afford a full time CFO. This is where a virtual CFO is an excellent alternative and can make an overall difference to the success of a business.
SiDCOR has a team who are responsible for helping clients with business and commercial matters beyond tax and asset protection. These services are fundamental to how we help business owners achieve their goals, supporting them with issues such as cash flow, profitability and growth aspirations. We customise all Virtual CFO services based on individual needs and circumstances.
Knowing the value of your business is critical particularly if you are looking to buy or sell, to make your business public, or even just to meet your tax obligations.
The team at SiDCOR work with clients from all industries to assist with their valuation needs, including forward planning around the company’s strategic goals and desired outcomes, and addressing the legal and commercial requirements in the process. We take into account the relevant sector, operational structure, and stakeholder expectations in order to prepare any documentation including Independent Experts Reports (IER).
When looking to acquire any business it is crucial to gain an understanding of its true financial position and the extent to which it is performing operationally.
Our team at SiDCOR will help you ascertain whether this is the right business to achieve your overall objectives, and if so, help navigate the complexities involved in the purchase. These include evaluating the business structure, due diligence, managing tax liabilities and making sure all tax concessions are optimised, as well as reviewing all legal documentation.
Several factors that business owners may not be aware of can lead to sale prices being below expectation which aren’t apparent on a profit and loss or balance sheet.
Maximising a business’s sale value is a process that can start years earlier. Having a clear plan of what is required and time to work through it is essential. As is presenting a business in the best possible light to attract buyers and desired price. Our team can help you maximise the saleability and help future-proof your business.
An advisory board is a select group of people, independent from the business, who provide advice and support to the owners, directors or shareholders.
SiDCOR can help you establish, coordinate, and capture data from your board, to help you keep a finger on the ‘pulse’ by tracking areas such as profitability, cash flow, tax obligations, pricing, and spending. Understanding these core details of your business can help when business is booming as well as when things aren’t going to plan.
Our team at SiDCOR can provide you with advice on applying for finance and help you with the application process.
We aim to achieve the best results for our clients by working closely with your financial broker or bank in all stages of the credit application process, particularly in the early stages where financial institutions are increasingly relying on experts to explain the business health and future prospects of an applicant.