11/01/2021
So what does the Brexit deal actually mean for businesses?
To help you navigate the new trading landscape we will be putting together a series of updates tackling the key changes, the first of which focuses on VAT & Customs....
We understand that being an entrepreneur can sometimes feel very lonely and that this feeling may not change whether you are a start-up or run a mature business. Having a strategic advisor or simply an experienced “sound-board” at your side can be both valuable and comforting. Across all of our chosen sectors we are lucky to be working with a large number of entrepreneurial businesses and enjoy the intense problem solving nature of a new business. We also have a network of people and contacts we can connect you with in order to ensure the success of your venture.
Entrepreneurs make a difference to our economy and our society. They not only bring to the table great business ideas, but also an infectious ambition to make them a reality and give back to the community around them. They use their fresh thinking and hard work to create positive change – bringing new concepts and products to market, and creating jobs.
Whether it’s a concept, recent start-up or mature corporate, by working with ambitious organisations – and the entrepreneurs behind them – we have developed a robust understanding of the factors that govern business growth.
In short, we offer a range of services to help entrepreneurial businesses grow, including:
The breadth and depth of our expertise allows us to offer a broad range of services.
Statistics show that approximately only 10% of family businesses survive beyond the third generation.
The majority of our business clients have aspirations to grow; both in terms of profitability and size.
Many entrepreneurs consider growth by acquisition as an important strategic option. Some prefer to do this opportunistically, whilst others plan and target well in advance.
Strategic planning is critical to business success. Different from classic business planning, the strategic variety often involves vision, mission and outside-of-the-box thinking.
We had a situation where Marcum were our group PCAOB auditors based out of New York and KPMG were our UK auditors. This left us in a painful situation where all of our numbers, regardless if they were the same under different GAAP regimes, were being audited twice. As well as incurring unnecessary cost, this meant complete inefficiency from the standpoint of my team’s time. I approached Marcum to come up with a better solution and together with Ecovis they have nailed the brief. Other than GAAP differences, all substantive work only takes place once as the UK team leverages the work of the US team. Regarding these GAAP differences and local UK reporting, where more questions are naturally needed from the UK team, I have found Ecovis’ questions very relevant and their approach sensible and pragmatic.
Stewart Baker EVP & Chief Financial Officer , Inspired Entertainment Inc
We are privileged to work with a broad range of clients, from small partnerships to large corporates across our chosen sectors.
Phone: tel: +44 (0) 207 495 2244
Email: enquiries@ecovis.co.uk