In these difficult times it is essential to keep a watchful eye on credit. Giving credit amounts to giving your customer a loan. Your customer knows this too and will take advantage of this interest free finance if he can get away with it. The current scarcity of bank finance makes this more commonplace. Remember that cashflow is the lifeblood of any business so it is essential that you manage your debtors efficiently and firmly. AGC Associates can help you do this by implementing credit control procedures and making calls / collecting on your behalf. This can save you time and put a "third party" between you and your customer which means firm, fair and dispassionate handling of your collections. We have extensive experience in this area.
AGC Associates currently provide credit management services to Emagine Media Limited, a team of graphic design and web developers.
A small company recently asked AGC to collect a number of accounts outstanding for over twelve months. Settlement was negotiated with these customers and monies collected
The potential savings from doing the books yourself once a month or at the weekends are soon outweighed by the opportunity cost of not spending time focusing on your core business You may say to yourself “I could do that myself.” We agree, but with respect, that is not your area of expertise so you will probably take a bit longer than we will and this will prevent you achieving the right work/life balance.
A professional accounting service is not as expensive as you may think, especially when it frees up your time for work or family life.
-Situation: Self employed entrepreneur or business owner has to use up some of his precious time to perform accountingtasks/admin which is not part of his core business.
-Problem: Because he may not be an expert, he takes up more time than is necessary, worse still, it eats into his limited free time
-Implication: Core business suffers from lack of focus,owner becomes frustrated at not being able to do his job and of wasting his weekend, and not being able to finish the accounts/admin in a short time.
-Need: An outsourced specialist who can do the non-core business tasks for him and support him in the long run until the business is large enough to hire their own full time accountant
AGC Associates is currently working with a “Dragon’s Den” winner, providing accounting supportand has recently taken over sales invoice processing, credit control and the formation of a limited company.
AGC Associates work with Virtual Officeproviding accounting and payroll services to their clients.
A catering distributor has recently engaged us to provide accounting support.
RWM Translations engage AGC Associates as accounting and business development advisors, and providers of Payroll and tax compliance services
AGC assisted a company in presenting a pitch to a client for a major contract. Another client engaged AGC to negotiate a payment plan with Revenue for taxes due, and also to correspond with the local authority on a number of issues
The potential savings from doing the books yourself once a month or at the weekends are soon outweighed by the opportunity cost of not spending time focusing on your core business You may say to yourself “I could do that myself.” We agree, but with respect, that is not your area of expertise so you will probably take a bit longer than we will and this will prevent you achieving the right work/life balance.
