Manufacturing

Helping create a lucrative business

Increased competition and economic factors mean that manufacturing is a tougher industry than ever before. Despite this, it remains an important sector in the South West.

At Albert Goodman, we are experienced at helping manufacturing businesses manage their financial affairs efficiently, and effectively. With many clients in this sector, our manufacturing team understands the challenges facing your business, and is experienced at tackling them.

Whether you own a small, family-run business, or a larger enterprise, we advise you how to structure your company, minimise your tax liabilities, and comply with the latest rules and procedures. We also offer a comprehensive payroll service – saving you money on staff costs, and helping look after your employees through salary, pensions and benefits.

If you are looking to buy, sell or merge a manufacturing business, we advise you on all related financial matters. We can also put you in touch with other professionals within our network, to ensure the transaction proceeds smoothly.

How we help:

• Start-ups: we assist with the setting up of your business, including advice on the practical and financial issues
• Strategic advice: we identify, and address, the issues that are relevant to your particular business at each stage of its development
• Bookkeeping: we provide bookkeeping training, support and advice
• Management accounts: we prepare management accounts for your business, including a detailed analysis of your income and costs
• Audit: we offer a comprehensive audit service
• Tax planning: we offer creative solutions to help mitigate your tax liabilities, and save you money
• Payroll: we provide a full payroll service, including the provision of monthly payslips, the calculation of sums due to HM Revenue & Customs, and the submission of annual returns
• Reward and incentive schemes: we advise you on the use of tax-efficient rewards and incentives
• Stock control: we help optimise your stock control – ensuring you have the right stock, in the right place, at the right time
• Risk avoidance: we help minimise risks to your business from pricing and supply fluctuations
• Cashflow: we assist you to manage your cashflow through interest rate and exchange rate fluctuations
• Finance: we help you raise suitable finance for your business
• IT: we provide support with all aspects of IT, including infrastructure, project management, software and support
• Planning for the future: we advise you on retirement, succession and business continuity. We also assist you with pension, investment and insurance planning
• Business reconstruction and recovery: if your businesses faces financial difficulties, we provide a range of corporate recovery services