As part of Menzies commitment to sharing #BrighterThinking our teams of accounting and business advisors have been providing their opinions on some of the leading hot topics raised within some of the UK’s leading national, regional and specialist press titles.
Here follows a summary of Menzies in the media for September 2019.
Working on the business instead of in the business
Caterer, Licensee, Hotelier – 5th September 2019
Partner and Hospitality & Leisure specialist Dave Gosling explores how business owners can use cash flow management, KPIs, their people, technology and more to improve their grip on the businesses future.
“It is not unusual for business owners in the hospitality and leisure sector to struggle with finding time to consider their strategic approach and manage their businesses efficiently and effectively, but this is key to their long-term success.
Staying focused on areas such as cash management and forecasting, as well as making the most of staff potential, can help to de-risk the business and improve profits.”
Read Dave’s feature via Caterer, Licensee, Hotelier.
Debenhams store closures
Various – September 2019
Following further announcements from Debenhams regarding their CVA agreements, Simon Underwood comments on the store closures and the UK retail landscape.
“The outcome leaves Debenhams’ creditors firmly in the driving seat, and Mike Ashley out in the cold. Landlords are being forced to share in the pain of many high street retailers, as consumers change their shopping habits, and property rents are tumbling across the board. Based on the ruling, landlords need to start viewing CVA plans as a ‘market correction’ on the way to a fairer and more flexible rental system.”
Examples of Outsourcing Agility
Raconteur – 23rd September 2019
Outsourcing Director Oliver Finch explains how Menzies Outsourcing teams support business owners through technology systems, reporting and analysis.
“Outsourced accounting services can help organisations to streamline their processes, allowing them to drive efficiencies, improve their profitability and focus on core activities
such as sales, people management and investment decisions.”
Read Oliver’s contribution via Raconteur.
New Hires News
Various – September 2019
Following the appointment of Sehjal Gupta as an experienced tax director, Private Client Partner David Truman comments on the appointment and renewed focus on the advisory functions.
“As well as having a wealth of experience of advising individuals on a wide range of private client matters, it’s clear that Sehjal is a valued and trusted adviser.”
ACCOUNTANCY | FINANCE | BUSINESS
Menzies LLP is an accountancy firm delivering traditional accounting services combined with strategic commercial thinking. Our services include tax, audit, payroll, business recovery as well as a business and financial consultancy service proven to add value and help your business to grow.
Specialising in eight core UK and international business sectors, Menzies’ local accountancy and business advisory offices in London, Surrey, Hampshire and Cardiff, all offer our #BrighterThinking approach.