Loss of clarity and focus
The business keeps moving but you’re not sure where it’s heading. The day-to-day takes over and the important things get pushed aside.
Whether you’re running a solicitors practice, an architects or surveying firm, or a consultancy, the financial pressures that come with growing a professional services firm tend to follow a similar pattern.
We know, because we’re one ourselves. As an owner-managed accountancy firm, we know what it’s like to be responsible for a team and a pipeline while still needing headspace to run the business properly.
From the outside, your business is doing well, but the numbers underneath aren’t giving you a clear enough view of what’s really going on. Fees go out late because billing hasn’t kept up with the work, and cash ends up tighter than the level of activity suggests it should be.
The further the firm grows from those early days when you could see everything at a glance, the harder it gets to manage on instinct alone.
That tends to lead to the same problems, whatever the firm.
The business keeps moving but you’re not sure where it’s heading. The day-to-day takes over and the important things get pushed aside.
Decisions get made on gut feel or put off altogether. You know there are things that need addressing but there’s never a good time to deal with them.
As the business grows, the cash gets harder to manage and your confidence in the numbers drops. You’re working harder than ever, but feeling less in control of it.
More ends up with the owner, which causes you stress, and bottlenecks within the team. The business starts to feel much harder to run than it should.
Where we start depends on where you are right now.
For firms where the compliance side feels on top of you, and you want the accounts, tax and day-to-day finance side properly under control.
We get everything in order and keep it there, so deadlines are handled and nothing is hanging over you.
For firms that are growing and need a clearer picture of whether the business is performing the way it should.
We sit down with you regularly, go through the numbers properly, and make sure you understand what they’re telling you so decisions don’t feel like guesswork.
For established firms where the decisions are getting bigger and the stakes are higher.
When it comes to hiring, investment and structure, gut feel isn’t enough at this stage. We work with you on planning and direction so those decisions get made with proper financial thinking behind them.
|
|
Get You Sorted For business owners who are tired of feeling constantly on edge about their numbers |
Stay On Track For firms that are growing and starting to feel the limits of guesswork |
Grow With Confidence For owners who want to grow deliberately, not just keep things ticking over |
|---|---|---|---|
| Accounts and tax returns sorted and filed on time | Included | Included | Included |
| Keep bookkeeping, VAT and payroll running properly, so the figures can be trusted and wages, tax and returns are dealt with on time | Included | Included | Included |
| Deal with Companies House admin | Included | Included | Included |
| Personal tax return, salary and dividend planning, so you pay yourself properly | Included | Included | Included |
| Ethical tax planning to reduce tax without taking unnecessary risks | Included | Included | Included |
| Business Roadmap (business budget) showing what the year needs to deliver | Not included | Included | Included |
| Growth Reports showing how the business is performing against the plan | Not included | Included | Included |
| Ongoing company tax planning, including larger asset purchase advice | Not included | Included | Included |
| Cash flow forecasting and planning, so you can sleep at night | Not included | Not included | Included |
| Board Meetings that take you off the Dance Floor and up onto the Balcony! | Not included | Not included | Included |
| Strategic support for hiring, growth, structure and bigger decisions | Not included | Not included | Included |
| Get Me Sorted | Stay On Track | Grow With Confidence |
Whichever package is right for you, these are included throughout the year to give you practical support when you need it.
Take our 2-minute assessment and find out how prepared you are.
Click below to begin and reveal your first question
The Growth Vision Workshop gives you time away from the day-to-day to work out what you want from your business and what it needs to generate to support that.
You’ll leave with a high-level 3-year roadmap that shows the size of business needed, what may need to change, and where to focus first.
It’s a standalone first step if you want to spend time with us before deciding whether Benson Wood is the right accountant for the next stage of your business.
Business Roadmaps and Growth Reports are part of our Stay On Track and Grow With Confidence packages.
Together, they give you the planning and reporting foundations a growing business needs, so you can see where the business stands before making bigger decisions.
Your business budget for the year ahead, set out month by month, so you know what your business is working towards.
See how Business Roadmaps work
Management reports prepared and reviewed with you, so you understand what the numbers are telling you during the year.
See how Growth Reports workIt’s common, as many accountants are just set up to keep you compliant with accounts and tax return deadlines. If yours only appears when something is due, you’re probably missing out on tax planning and financial insight that could make a real difference to how you run and grow your business.
Yes. A generalist accountant will keep you compliant, but they won’t necessarily understand how a professional services firm works. You’re selling time and expertise, not a product, and that changes the financial picture considerably. Revenue gets recognised differently, your cash flow is rarely predictable, and a generalist may not pick up on what that means for your business. Without that context, you’re getting compliance but not much else.
That’s fine, most people aren’t sure until they talk it through. The best starting point is a conversation about where the business is now and what’s feeling difficult. From there it’s usually clear which level of support fits. Book a call and we’ll help you work it out.
No. If you already have a bookkeeper or payroll provider in place and want to keep them, we work alongside existing arrangements across all three packages. The last thing we want is to disrupt something that’s already working.
In most cases, switching is simpler than people expect. We handle the handover from your previous accountant, deal with any outstanding paperwork, and get everything set up properly from the start. The process typically takes two to four weeks from the first conversation to being fully up and running.
Yes. We’re based in Bellshill and work with professional services firms across Lanarkshire and Central Scotland. Most of our clients prefer to meet in person at least once, and we’re set up to make that easy.
We work with all kinds of professional service firms, but a lot of our clients are solicitors, surveyors, architects, consultants and similar owner-managed practices, typically turning over between £250k and £3m. If you’re running an owner-managed professional services firm in Lanarkshire or Central Scotland and you want more than compliance support, it’s probably worth a conversation.
In our world, it’s about more than numbers, it’s about spotting the details others miss, counting what really matters and discovering hidden value! If you can find them all, you might be exactly the kind of client we work best with.
Find Out More
You’re now entered into our quarterly Tunnock’s hamper draw and have unlocked a complimentary financial health check.
Our free monthly eNEWS email keeps you up to date with the latest news from the world of accountancy.
Take our 2-minute assessment and find out how prepared you are.
Answer 8 yes/no questions. Each answer is weighted equally and you’ll see your growth readiness score at the end.
Question 1 of 8
This gives you a starting point for seeing how ready your business is for growth, and where a few gaps might be making things harder than they need to be.
Book a call with us and we’ll talk through your results properly.
CEO BA CA
And... how do you eat yours?
Straight down the hatch, nae messing about!