Accountancy & Business Support Services
Providing advice when you need it and providing cost effective solutions to your compliance needs.
1
1
1
1
Market leading business support
Not just your accountants but your team members.
We understand that what our clients want are cost effective solutions to straight forward compliance coupled with good contact and practical, strategic advice. As a firm we are committed to utilizing technology to support our clients more effectively and to provide a smooth and accurate process. This doesn’t remove the human element but, instead, uses software to automate as much of the ‘button pressing’ as possible to free up our time to spend with clients on what matters to them – giving solutions, supporting operations and providing market leading business support.
1
1
Expert advise
Our financial and business services include:
- Help managing your key cost centres and promote increasing margins
- Help developing dynamic, adaptable and successful business models to support your aims
- Expert tax cost management to help you secure all available tax advantages
- Ensure your organisation remains entirely compliant with the financial, regulatory and statutory requirements
- Bookkeeping support and training
- Employer year end support
- Management accounts, forecasting and budgeting
- Strategic analysis and reporting
For more information about our Accountancy & Business Support services please get in touch.
Kind words
Having worked with many accountants, Ballards LLP are very good, I get a personal service, and honest advice with no jargon. I particularly appreciate their pre-planning meetings which minimises the GP's time, their support is invaluable and I have on many occasions recommended them.
Practice Manager6 Partner GP Surgery Birmingham
Ballards LLP really understands the farming business, they speak my language and they know what's going on in the sector. Their advice on diversifying has been great for me. With Ballards LLP, I don't have to worry about the everyday financial compliance and I can concentrate on, with their assistance, growing the farm and pushing forward with my plans.
Owner Large West Midlands based cattle farm
Ballards LLP have really looked after our business, it was with their help that we acquired the funding to develop our business, and with their ongoing support we keep track of the business financially so we know where we're going.
Managing DirectorFamily owned nautical retailer
We have had a very long association with Ballards LLP who have provided our accounting services to us for over 15 years. It has been very reassuring to have such a professional organisation advising with our accounting and development requirements. I really can't recommend Ballards LLP highly enough.
Managing DirectorWorcestershire based Automotive Dealership
Previous
Next
Insight
Changes to Business Asset Disposal Relief and the Impact on Exit Planning
The recent modification of Business Asset Disposal Relief (BADR) marks a substantial shift in tax policy for business owners contemplating an exit strategy.
Read More
HMRC revokes pickup truck commercial rules
Double-cab pickup trucks are firm rural favourites, but an HMRC tax rules change is set to remove their commercial vehicle status
Read More
What is the Best Document Management System? It Depends.
Effective document management is no longer a luxury, it's a necessity. But with a plethora of Document Management Systems (DMS) available, choosing the "best" one ...
Read More
Updated Eligibility for R&D Tax Credits
The R&D tax credit scheme has been expanded to include two new categories of eligible costs - cloud computing and dataset purchases. This change came ...
Read More
The Power of Now: Unleashing the Benefits of Real-Time Accounting
In today's dynamic business environment, where agility and informed decision-making reign supreme, traditional accounting practices can feel sluggish. Here at Ballards LLP, we believe the ...
Read More
Property Watch – September 2024 UK residential property transactions
Property Watch – August 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 August 2024 ...
Read More
How Much Does Cyber Essentials Cost? Understanding Costs and Value
Cyber security is no longer an optional expense – it's a critical investment for businesses of all sizes. Frameworks like Cyber Essentials and Cyber Essentials ...
Read More
How to Choose the Best Payroll System for Your Business?
With a plethora of payroll software options available, many business owners grapple with the question: "What's the best payroll system?" The truth is, there's no ...
Read More
Fresh Faces and New Spaces: Ballards LLP’s Double Scoop of Growth
We're thrilled to announce the addition of a new cohort of graduates to our ranks. These graduates have joined various teams within the organisation, including ...
Read More
Local Businesses Raise Over £3,000 for Grace Kelly Childhood Cancer Trust
Ballards LLP and Four Squared Recruitment have joined forces in an impressive fundraising campaign for the Grace Kelly Childhood Cancer Trust.
Read More
The Value of Independent Audits: Building Trust and Credibility
In today's competitive business landscape, trust is paramount. Stakeholders, investors, and even customers rely on accurate financial information to make informed decisions. That's where independent ...
Read More
Effective IT Leadership: Bridging the Resource Gap Through Fractional CIO Services
The complexities of managing IT infrastructure and digital transformation initiatives demand senior-level technology leadership, yet many organisations face challenges in securing and justifying full-time IT ...
Read More
Is Outsourcing Practice Manager’s Support Services Right for Your Business?
At Ballards LLP, we have assembled a specialist team with extensive knowledge and understanding of GP finances. We recognise the challenges faced by GP practices ...
Read More
Strategic Cost Transformation: Beyond Traditional Cost Cutting
Strategic cost transformation represents a fundamental shift from traditional cost-cutting approaches, presenting opportunities for businesses to reimagine their operational framework while maintaining competitive advantages.
Read More
Supply Chain Risk Management: Building Resilient Business Operations
Supply chain vulnerabilities have become increasingly complex, requiring businesses to adopt sophisticated supply chain risk management strategies that go beyond traditional supplier diversification.
Read More
Why is a Business Plan Important? Charting Your Course for Success
A well-defined roadmap is essential for reaching your destination. This roadmap is your business plan – a comprehensive document that outlines your company's goals, strategies, ...
Read More
How to Kickstart Your Company’s Digital Transformation Journey
In today's ever-evolving business landscape, digital transformation is no longer a question of "if" but "when." Businesses that fail to embrace digitalisation risk falling behind ...
Read More
Navigating the 24/25 GMS Increase and Staff Pay Rises
The recent announcement of the 24/25 uplift in the Global Sum has significant implications for GP practices across the UK. Here's what you need to ...
Read More
How to Select an ERP System
An ERP system streamlines core business processes – from finance and accounting to inventory management and customer relationship management – by integrating them into a ...
Read More
The Importance of Regular Financial Audits: Ensuring Accuracy and Compliance
Maintaining accurate and reliable financial records is paramount. These records form the backbone for informed decision-making, building trust with stakeholders, and ensuring compliance with regulations. ...
Read More
Digital Transformation Roadmap: How Ballards LLP Can Help Your Business Thrive
In today's digital age, businesses of all sizes need to embrace digital transformation to stay competitive. Digital transformation is the process of using digital technologies ...
Read More
Property Watch – August 2024 UK residential property transactions
Property Watch – August 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 August 2024 ...
Read More
Leveraging Digital Transformation for Competitive Advantage in Mid-Size Enterprises
Digital transformation has become a critical factor in driving business growth and maintaining competitiveness in today's rapidly evolving marketplace. For mid-size enterprises, the strategic implementation ...
Read More
Leveraging Data Analytics for Strategic Decision-Making in Finance
Financial directors and IT leaders in mid-sized enterprises are increasingly recognising the transformative power of data analytics in driving strategic decision-making. This insight explores the ...
Read More
Supply Chain Optimisation: Driving Efficiency and Resilience
Supply chain optimisation stands as a critical component for businesses seeking to enhance their operational efficiency and maintain a competitive edge in today's market. By ...
Read More
Maximising Working Capital Efficiency in SMEs
By optimising the balance between current assets and current liabilities, businesses can ensure they have sufficient cash flow to meet short-term obligations while maximising their ...
Read More
The Future of Work: Financial Implications of Hybrid Models for UK Mid-Market Firms
The landscape of work is undergoing a profound transformation. As organisations navigate this new terrain, understanding and effectively managing the financial implications of hybrid work ...
Read More
The Role of Accounting in Risk Management: Protecting Your Business’s Future
Navigating uncertainty is a constant challenge. Whether it's fluctuating market conditions, potential fraud, or unforeseen operational disruptions, risks can quickly threaten a company's financial health ...
Read More
The Art of Leadership and Team Building: Key to Business Success
Leadership and team building are two key ingredients for a successful business. While these topics are often talked about broadly, the real power of good ...
Read More
The Impact of Accounting on Global Business: Shaping the Economy and Driving Growth
In the intricate world of global business, success hinges on effective financial management. At the heart of this lies accounting – a seemingly mundane discipline ...
Read More
Property Watch – July 2024 UK residential property transactions
Property Watch – July 2024. Have a look at the UK residential property transactions for UK housing market for the year to 31 July 2024 ...
Read More
Choosing the Right Accounting Software: A Guide for Businesses of All Sizes
Having the right accounting software can be a game-changer. It streamlines financial processes, saves you time and money, and empowers you to make informed decisions ...
Read More
Autumn Budget: How Potential Changes Could Impact You
The Autumn Budget, scheduled for October 30, 2024, is expected to introduce significant changes. Key points include:
Read More
Measuring Success: The Often Overlooked Digital Transformation Challenge
One of the most frequently overlooked digital transformation challenges is effectively measuring the success of these initiatives. While organisations are often eager to embark on ...
Read More
The Hidden Digital Transformation Challenges: Security and Data Privacy
As companies embrace digital transformation, they inadvertently expand their attack surface, exposing themselves to new cybersecurity risks. This presents one of the most pressing digital ...
Read More
Navigating the Top Digital Transformation Challenges in 2024
In today's rapidly evolving business landscape, organisations that fail to embrace digital transformation risk being left behind, while those that successfully navigate the challenges stand ...
Read More
Urgent Action Required: McCloud Remedy Pension Statements Deadline Approaches
As we approach the end of 2024, a crucial deadline is on the horizon for those affected by the McCloud Remedy regarding pension savings. The ...
Read More
Navigating Turbulent Waters: Economic Forecasts and Market Trends for UK Businesses
As we move further into 2024, the economic landscape continues to evolve, presenting both challenges and opportunities for companies across various sectors. Understanding the current ...
Read More
Fuelling the Engine: Growth and Scalability Strategies for Owner-Managed Businesses
In today’s market, owner-managed companies face a unique set of challenges and opportunities when it comes to growth and scalability. While the entrepreneurial spirit that ...
Read More
The Inclusion of GPs in ARRS Funding: Opportunities and Considerations
The UK government's recent announcement allocating £82 million for hiring GPs through Additional Roles Reimbursement Scheme (ARRS) funding has been met with enthusiasm from the ...
Read More
Start-Up Advice for Small Businesses: Launching Your Dream with Confidence
The entrepreneurial spirit burns bright in many – the desire to turn a passion into a thriving business. But navigating the complexities of starting a ...
Read More
Property Watch – June 2024 UK residential property transactions
Property Watch – June 2024. Have a look at the UK residential property transactions for UK housing market for the year to 30 June 2024 ...
Read More
Reasons to Outsource Payroll: Streamline Operations and Focus on What Matters Most
As a business owner, your time is valuable. You juggle countless responsibilities, from product development and marketing to customer service and sales. Payroll processing, while ...
Read More
Preventing Software Update Disasters: Key Questions for Business Leaders and non-technical staff in charge of IT
As a business leader, understanding how to prevent software update disasters is crucial, especially if your company is a small to medium-sized enterprise (SME) without ...
Read More
Beyond the Blue Screen: Broader Implications of the CrowdStrike Incident
The CrowdStrike incident will likely serve as a case study in the importance of rigorous testing, the risks of rapid update deployment, and the far-reaching ...
Read More
Navigating Uncertainty: Effective Financial Risk Management Strategies
Effective financial risk management is not just about avoiding pitfalls; it's about creating a resilient framework that allows businesses to thrive amidst uncertainty.
Read More
Safeguarding Your Business: Essential Strategies for Fraud Prevention
In safeguarding your business against fraud, you're not just protecting your assets; you're investing in the long-term security and success of your organisation.
Read More
How to Choose the Right Wealth Management Advisor? Building a Partnership for Financial Security
Building and safeguarding your wealth requires careful planning and expert guidance. At Ballards LLP, we understand the importance of choosing the right wealth management advisor ...
Read More
Important Xero Package Changes Coming 12 September 2024
Ballards LLP would like to inform you about upcoming changes to Xero Package Changes, which will take effect from 12 September 2024. Please see the ...
Read More
HMRC’s New Campaign Targets Persons Of Significant Control
HMRC has launched a new campaign that could impact Ballard’s clients, especially those with significant control over companies. This initiative aims to ensure that tax ...
Read More