Decision making requires sound experience coupled with practical insight and an understanding of what drives the industry in which the business operates. Strong management understands that from time to time outside assistance is required to enhance the knowledge base that exists within an organisation for it to achieve its goals.
Our dedicated team of professionals has a thorough understanding of the management and financial issues that face corporate entities. We bring an entrepreneurial spirit and vision to help strategize solutions, seize new business opportunities and optimise profits to help our clients expand their businesses confidently and successfully.
The emerging business
The quest for success is the financial know-how and sufficient time to devote to the financial aspects of the business. We can assist you in getting started in these key ways:
- Evaluating the business to be started or purchased - with feasibility studies, cash flow forecasts and profit projections.
- Structuring the business - Advising on the form which your business should take to optimise tax savings and various other aspects.
- Advise on drawing up of agreements - Matters to be considered or included in acquisition, shareholders’ and other agreements.
- Complying with statutory and other regulatory requirements - Offering statutory audit services and a complete company and close corporation secretarial and tax compliance service.
- Securing finance - Preparing loan proposals, business plans and cash flow forecasts to support applications for finance.
- Selecting computers and systems - Helping you make cost-effective decisions when selecting and implementing hardware and software.
- Implementing accounting systems and controls - which match your specific requirements, including costing systems.
- Analysing management information - Make suggestions for performance improvements and corrective actions to be taken.
De Vos Richards Abed is a commercially astute organisation with a personal, partner-led service aimed at providing “one-stop” solutions to our esteemed clients.
The growing business
Success is the goal of every business, measured in terms of growth in revenues and profits.
In addition to those services offered to emerging business, we can assist growing businesses in the following keys ways :
- Maximising your tax opportunities - With ideas and suggestions to take full advantage of all tax savings opportunities.
- Preparing budgets and monitoring management information - Providing you with an objective point of view. Comparing management information with predetermined budgets to identify major variances and assist with the determination of corrective action.
- Evaluating existing systems and controls - Help with systems and procedures for reporting, operations and cost control.
- Preparing cash flow and profit forecasts to support decisions - Thus enabling you to pose the “what if” questions critical to your strategic decisions.
- Ongoing strategic planning - Assess your strength, weakness, opportunities and threats of your business. We provide guidance on these evaluations and help you select the correct strategies.
- Preparing and auditing financial statements - Helping you meet your external financial reporting needs and utilising our audit report to enhance the credibility of financial statements provided to potential investors, banks the South African Revenue Service and other creditors.
- Personal financial and investment planning - Suggestions to implement a comprehensive personal financial and investment strategy.
- Designing compensation and employee benefit plans - Assisting you in attracting, motivating and retaining competent people with tax effective remuneration and benefit plans.
- Advising on acquisitions, disposals or restructuring of business interests.