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Services for Clients
Small and Medium Size Businesses
The increasing role of small and medium enterprises in the country’s commercial landscape, coupled with more powerful and accessible information technology, have combined to alter the role and importance of accountancy firms like Nyman Linden.
After all, some small enterprises make do with a bookkeeper – someone to perform the tedious task of recording financial information and placing that data into the necessary formats, like P & L statements and tax forms.
Based on where you want to go with your business, your accountant should be able to tell you how to get there. If your accountant is merely showing you the financial tracks of where you have been, you may have made a bad choice and are missing out on a great opportunity to receive good business advice.
But a good business accountant – such as a Partner at Nyman Linden - provides much more than just recording transactions and passively generating documents.
At the start of their professional careers, every Nyman Linden Partner completed a training contract with a Training Firm of Chartered Accountants.
- After 3 years’ professional education and having passed several examinations, each Partner was awarded a Practising Certificate and, having completed 10 years as a qualifying member, was elected to become a Fellow of the ICAEW (Institute of Chartered Accountants in England and Wales)
- After many years’ experience and having built up a portfolio of clients, each was invited to become a Partner of Nyman Linden – an established chartered firm.
- To maintain their professional qualification, each Partner commits a set number of hours every year to attend Continuing Professional Development courses to keep up-to-date with constantly changing legislation and best business practice.
- Nyman Linden is regulated and licensed by the ICAEW, which continually monitors us to ensure we are maintaining high technical and ethical standards – an invaluable safeguard for all our clients. We have to carry substantial, professional indemnity insurance to cover the consequential and legal costs of settling a claim against us – perhaps for incorrect advice. The insurance premiums are very expensive and become even more so after a claim – successfully contested or not. Here is an added reason for ensuring our Partners always give correct advice.
- As an additional safeguard for our clients, this firm has a formal procedure for resolution if ever a client made a complaint against us
Choosing the right accountant can mean the difference between success and failure. After all, it’s your financial numbers that make or break your business.
Unfortunately, once you have selected an accountant, it’s a pain to switch. The incumbent accountant gains detailed knowledge of you, your business and your finances – it makes it very tough to transfer to a new accountant. The end result is that many businesses working with mediocre accountants do not make the change to a better accountant simply because the perceived switching costs are too high.
Given the inertia that settles in after you have selected an accountant, it is important you make a good choice the first time around. Although this seems obvious, most business owners do not thoroughly consider their needs when selecting an accountant. This is often because many of them do not have a strong accounting background and, therefore, view all accountants as being equal.
So make a knowing start by visiting our FAQs.
Because your business deserves the best, you deal directly with one Nyman Linden Partner who quickly develops a close relationship with you and a meaningful understanding of your enterprise, not only acting as your point of contact but also personally overseeing all the work we complete for you. Your Nyman Linden Partner truly believes he can have a significant impact on how you and your business achieve potential. He is quick to respond to new legislation, pushing the barriers of interpretation for your benefit.
Your Partner does a lot more than just report on how your business (or, perhaps, businesses) is progressing. He actively analyses, interprets and converts that data into what we call Actionable Business Intelligence, all for your benefit.
He helps you identify opportunities to improve your enterprise’s bottom line and supports your endeavour to realise it. Most importantly, he wants to help you plan for a rewarding and financially secure future. So, why not make a knowing start by visiting our FAQs.
None of our clients need every service we can offer. We will only provide what you actually want, not what we want you to buy. Nyman Linden has developed strong network links with the broad business community enabling us to introduce our clients to relevant, non-accountancy services that will satisfy all their current needs and, further down the line, all their future needs.
In addition to our complete accountancy package, Nyman Linden provides a number of specialist services and areas of expertise to small and medium enterprises.
For a free, no-obligation initial meeting with a Nyman Linden Partner to find out if we are the firm of accountants that can best meet the needs of you and your business, contact us today.
From your first thoughts of starting a new business, you can rely on your Partner and his team to provide you with:
- Help to create financial proposals for banks and other institutions
- Advice on the most appropriate structure of your company
- Guidance on how to navigate through the complexities of banking and VAT registration, planning and compliance
- Assistance on bookkeeping and information systems, including PAYE and other start-up processes
- In addition to our work preparing year-end accounts and carrying out audits, Nyman Linden has developed a computerised payroll management system and web-based accounting procedures.
- As an experienced professional, your Partner will provide you with the correct and safe interpretation of your accounts and how they can be improved for the future.
Our in-house tax specialists provide expert guidance in business and general tax planning to minimise your tax liabilities.
NL Secretaries Limited (a Nyman Linden group company) provides a full range of secretarial services including the formation of companies, statutory return filing, company meetings and minutes.
Your Partner has the business expertise to take your company further. He can improve efficiency and maximise your income by giving you solid and proven advice on company growth planning and management, budgeting and cash flow forecast, as well as buying and selling businesses.
NL Financial Services Limited (a Nyman Linden group company) is a registered Independent Financial Advisor providing expert guidance on investments, pensions, mortgages and other associated financial services products.
Companies often need help managing day-to-day accounting functions. If you and/or your staff are spending too long on such tasks or if you want to remove the burden of managing routine accounting activities, then outsourcing that work to Nyman Linden could be your solution.
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