East Anglian“Working with aa Chartered Accountants has given me the confidence to grow my business even more. They get on with the financial and tax work so I can focus on managing my business."
63k of tax saved comes in as a handy tool for East Anglian Resources!
You might recognise this story…
This successful wood recycling business has grown immensely over a few years. A good thing – no doubt about it.
But…the owners find themselves in a lonely place as no-one is able to provide the support they need.
East Anglian Resources was formed in 2009 by James Tribe. The company started to expand very quickly. And James ended up employing most of his immediate family to help him out.
James is a proud business owner and he’s not work shy. He’ll work as hard as he needs to and his family have a similar work ethic.
“Shaz is an excellent business growth expert. He has opened my eyes to what I can achieve. And he’s going to help me get there too!”
Growing the business into a mighty oak is the family’s aim
James was delighted with how his family had helped grow the business. But it had reached a stage where they needed experienced people around them.
Growth was one thing. But controlled and profitable trading is what James wanted. He wasn’t interested in working silly hours for no or little return.
James felt their current accountant did not have the expertise to support the growth of the business. He wanted a proactive accountant who could strategically help grow the business.
Another key factor was that James wanted a firm who had expertise in tax. This was because the company was investing a lot of money of in plant & machinery, assets and capital equipment. And James wanted to ensure all the tax reliefs were fully utilised.
The three main business concerns:
How to control the growth in a profitable manner
How to ensure they were maximising all tax reliefs and allowances in order to pay the least amount of tax
To find a entrepreneurial accountant who could provide support beyond accountancy and tax to support James’ grand plans
The right results:
Within 3 months James moved the book-keeping and management accounts to aa Chartered Accountants.
More time was created for the family to focus on growing the business
Loans to fund the purchase of equipment was secured through aa’s help
James engaged Shaz as their trusted adviser and business mentor
Bank makes the perfect introduction
James was introduced to aa Chartered Accountants by his bank manager. James and his son Bobby met with Shaz and were instantly impressed.
Both father and son immediately decided to work with aa Chartered Accountants. They wanted the full accountancy, taxation and business growth support.
Shaz initially revealed how the business could further grow and maximise profit. This was exactly what James wanted.
Business and tax advice pays off
The first thing James wanted was his previous year’s accounts completed within 2 weeks.
aa Chartered Accountants managed this with ease. At the year-end accounts review meeting James was told about the 22k tax savings – this was an added bonus for the family! Another 41k of tax savings followed in the next year.
Continued growth for years ahead
The success of Total Promotions continues, thanks in part to their strategic partnership with aa Chartered Accountants.
They enjoy greater profitability on their sales, they are paying less in taxes than they believed possible and their vision for the future is sound and based on real and concise processes and information. Growth is currently 20% year on year
They now truly understand what makes them profitable and what their key business drivers are.
Working with aa Chartered Accountants has given me the confidence to grow my business even more. They get on with the financial and tax work so I can focus on managing my business.
Shaz is an excellent business growth expert. He has opened my eyes to what I can achieve. And he’s going to help me get there too!
In two years alone they saved me 63k in tax. No one has ever done that for me before. I’m so glad I’m working with Shaz and his team – they are a great support to me.
If you get the chance to work with Shaz then don’t lost that chance. He doesn’t work with everybody and anybody.James Tribe