February 2015, Horsham, Sussex:
The Financial Managment Centre: A cost effective solution for growing businesses
by Sussex PR Agency Media Word Waves
Redwood Financial Advisors was established in 2002 with two directors who grew their business to a sizeable firm. Like many businesses, they were finding that they needed to spend more and more of their time on administration and statutory financial tasks rather than actually running their business. Their accountant, Tony Sandford of Plummer Parsons, referred them to Brian Johnstone of The Financial Management Centre approx. two years ago with a view to him taking on responsibility for the management of some of these tasks.
“Having been recommended to Brian at the Financial Management Centre by our accountants, we met with him and explained what our business required. By working closely with our administration team and accountants, Brian has put together a comprehensive and bespoke book-keeping service which assists the financial management of our business, giving a cost-effective alternative to employing our own accounts staff” said Lynn Newman of Redwood Financial Advisors.
Redwood provides a regular summary of the revenue to The Financial Management Centre to use as a basis to formulate management figures ahead of monthly Directors Meetings. The use of Quickbooks software enables the figures to be presented in such a way that the Directors can see the performance of each consultant and therefore the overall business performance. In addition, the monthly payroll is prepared ensuring that Redwood are compliant with HMRC’s RTI procedures.
The Financial Management Centre also prepares annual accounts for Redwood to pass on to their accountants.
Brian works closely with the admin staff on site, freeing up time for the directors to concentrate on running and growing their business.
Tony Sandford, who originally recommended Brian to the firm, commented “I have known Brian Johnstone since he started working for my firm in the mid 1980’s. Brian worked for me for a least ten years as well as qualifying as an AAT during that time. His work was of the highest standard and I was sorry to lose him. His professional conduct was and still is excellent and of a high standard. He provides a very good service and I would have no hesitation in recommending him.”
To find out more about The Financial Management Centre please visit www.tfmcentre.co.uk/horsham.
Horsham PR Sussex