Tag Archives: business planning

Strategic Evaluation in your business – is this your New Years resolution

Business strategic evaluation

When a company commences there should be a clear vision about what the business strategy should be and how this will be achieved. In addition there should be a time horizon on growing the business with specific objectives in mind, including eventually the option to exit, whether by sale or ceasing. A business should re-evaluate its strategy every few years or more frequently to assess if the vision remains valid, or needs to be adapted to changing internal or external factors.

MW Interim Finance assists owner managers and directors in an objective review of their strategy and provides the resource to deliver on the changes identified.

For further information or a confidential discussion about your specific requirements, please contact Martin Walby FCMA CGMA on 07876 566875 or email

martin.walby@mwinterimfinance.co.uk

strategic evaluation - mw interim finance

2016/17 Tax Coding Notices – a shock for some but 2017/18 could be worse

“Tax does not have to be taxing” so says HMRC, but the mantra should be, “be afraid very afraid”, when it comes to reviewing the P2 2016/17 coding notices currently being distributed. With all the new changes to tax free interest and dividends be sure to check any adjustments to your code for these. The assumption HMRC uses is based on the 2014/15 self-assessment returns and may be substantially incorrect for the coming year. Even more issues are foreseen with 2015/16 self-assessment returns, where potentially increased dividends are paid out before 5th April 2016 before the £5k allowance takes effect. This is especially relevant to business owners, directors and senior managers who may face negative tax codes in 2016/17 and 2017/18.

Are you a business owner who uses dividends as a means of extracting income from their company? The planning of dividends, salary remuneration and pensions in the period up to 5th April 2016 and the impact for the next two years, is a critical part of business planning.

If your business needs objective guidance on this aspect, requires a strategic review or has a project that requires resource to implement, contact Martin Walby at MW Interim Finance for a confidential discussion on +44 (0) 7876 566875 or email martin.walby@mwinterimfinance.co.uk

A busy week for MW Interim Finance

MW Interim Finance attended a number of key networking events and forums this week in central London and Surrey, organised by the Institute of Directors – West Surrey, Menzies LLP and the Surrey Chambers of Commerce. Key themes included; engaging businesses to review their strategy and objectives by recognising the significant shift in consumer demand in the next twenty years; the continued growth of China and India in the global economy; technological changes away from the “physical” to the “virtual” supply of goods and services. 

 One of the services that MW Interim Finance provides, as a senior level finance resource, is assisting directors and owner managers in formulating, preparing and reviewing corporate strategy and planning. Supporting businesses in meeting their objectives through delivering “lasting change” is a strength of professional interims.

Press Release – MW Interim Finance announces the completion of its re-branding exercise and launches a new website

Press Release – MW Interim Finance, (formally I.C.M. Solutions Limited), announces the completion of its re-branding exercise and launches a new website, www.mwinterimfinance.co.uk.

The company will continue to provide a professional independent interim finance director resource for small, medium and larger corporate businesses, working with owner managers and directors to facilitate the achievement of strategic and operational goals.

Some of the services MW Interim Finance provides include;

  • Forensic operational review, forecasting and profit improvement
  • Fixed asset, working capital and cash flow optimisation
  • Strategic business planning and development
  • Project appraisal, analysis and business modelling
  • Restructuring and business turnaround

 

Martin Walby, founding director, commented “despite the continued poor economic situation in the UK and the perceived slow road to recovery, 2010 is a new decade of opportunity, both in the UK and globally. MW Interim Finance will continue to provide an independent finance director resource for companies wishing to take the steps to benefit from current and future business opportunities”.

For further information on how MW Interim Finance can assist your business, either call Martin Walby on + 44 (0) 7876 566875 or email martin.walby@mwinterimfinance.co.uk