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ACCOUNTANCY
your bank, or other financial institutions, for help or seek professional help, as a mistake could prove
finance. In such circumstances they will require very costly later on.
financial information in order to help them come to
a decision, and your accountant can help by The accountant will have a great deal of experience
preparing this information, and presenting it in a in dealing with a large number of other businesses
professional manner to facilitate this process and over many years, and something that may be new
help you get where you need to be. or daunting to you or your business will probably
be something he or she has seen many times before.
In the early stages of any business, or at times of This represents a wealth of experience, which is
significant change such as rapid expansion, it can be available for you the client to tap into.
vital to have a clear idea of where you are going in
financial terms. Your accountant can assist here by Having decided that you do need an accountant, the
helping you put together a clear business plan, next question is which one? Always ensure that the
evaluating the business’s projected profitability and accountant you propose to use is professionally
cash flow, so that you can be confident that you are qualified and a member of an appropriate
going down the right road, with clear objectives and professional body, that way you can rest easy
a far better chance of success. knowing you are entrusting your financial affairs to
safe hands. Whatever you decide, consider your
If you are not starting up from scratch but are accountant to be your financial doctor, and make
buying (or for that matter selling) an existing sure you find one in whom you have confidence
business, it is important to have a clear idea of the and with whom you can establish a good rapport.
value of that business, and valuing small private You are an individual and you need a service that
companies is no easy task, and here it is essential to fits your circumstances.
The Salsac Group
The one stop solution for:

Private client services

Company formation & full administration services

Corporate trustee services

Private foundations

Accountancy
P.O.Box 625, St Helier, Jersey C.I. JE4 5YL
Telephone: +44 (0) 1534 887975 Facsimile: +44 (0) 1534 887372 Email: alan@salsac.com
Salsac Management Limited is regulated by the Jersey Financial Services Commission in the conduct of Trust Company Business.
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