Start-up guidance:
For business people new to Thailand, we provide friendly guidance on what to do and what not to do in business here. Clients come to us for advice as simple as "where to put their office" to "which lawyer to use for their contracts".
Outsourced Accounting:
Instead of having their own accounting departments, our clients look to us as an extension of their company. They pass all accounting information and documents to us for processing. We return to them clear, easily understood financial reports in English, and submit all necessary tax returns to the relevant Thai authorities for them, such as Social Security, PND1,3, 53, 54, PPP52, 56, PP 30.
Interim Management: We have available for hire experienced staff who can step into short term roles that your company may have open as a result of sudden termination, short term absence, or increased workload, from junior clerks to CFO level.
Payroll Accounting:
Payroll outsourcing is a cost-effective option for clients who are small to medium size. Outsourcing provides the advantage of confidentiality, in addition to having access to personnel who are highly experienced and familiar with the local regulatory environment.
Statutory Annual Accounts:
We prepare annual accounts to international standards for submission to auditors, overseas head offices, and the Thai Commerce Department
Commercial Advice:
We provide consultancy for high-value decisions such as management buyouts, company sale, and acquisitions, where experience is crucial to a successful conclusion.
|
|
Pre Audit Revue:
Mid to large size companies usually benefit from a pre-audit review to put their house in order before the statutory auditors come in. This can prevent unpleasant surprises, and allows for some planning.
Business Profitability Analysis:
Knowing whether your business is profitable or not, and where, is going to help you make the best strategic decisions on a daily, monthly or yearly basis. You, as a business owner, need to be able to analyse trends and identify opportunities. We can prepare statistics about your company's operations (such as Gross Profit return on Gross Sales, Management Rate of Return, Return on Investment) to help identify issues for action. Job, contract and /or customer profitability is also a vital feature of our services. In addition, we can prepare comparative statements against budgets or last years figures so that owners see their businesses in a more objective perspective.
Mentoring/ Monitoring Your Business:
Entrepreneurs often possess the drive to success that is so crucial to initial establishment of the business. However, they might not possess the same aptitude for administration, analysis and critical thinking that is necessary to see their business grow to the next level. This is where we can contribute.
Project Budgeting:
Before you start your new business, it is advisable to make a detailed Budget / Forecast to see what finance you need, how long the business may take to be profitable, what staff you need and when, what capital equipment you need to buy, the business's ability to pay for this, and many other questions. We can help you get off to a successful start.
|
|
Forecasting:
We believe in the old adage that "if you fail to plan, you plan to fail" and "flexibility is the key to success". Thus, we encourage clients to work with us using a forecasting mindset, looking at their probable results on a half yearly or more frequent basis.
Crisis Management:
As in interim management, we can be appointed by headquarters or business owners to manage a crisis in a company. The ability to take over the financial control of a company and be immediately effective is one of our unique abilities.
Company Turnarounds:
Just like a patient needs a good doctor to turn his health around, so do loss-making companies need consultants like us to turnaround a cash bleeding situation. We will provide advice on actions needed to stop the bleeding immediately and prepare action plans to return to health. Our consultants can assist management and help make crucial decisions.
Preparation for Company Sale:
Few transactions can be as complex and sensitive as selling a company. We help clients do good housekeeping and prepare financial information before the sale to maximise their returns.
Liaison with Business Brokers:
Once you have decided to sell your company and have prepared the business for the maximum return, you often then need to find a good broker to promote the sale - this is another area where we can help you.
Due Diligence:
Similarly, if you decide to buy a business, you need to be very sure that the presented figures are credible, and that you are not paying too much. Our mixed team of Thai and English speaking accountants will check both the numbers and the background to the transaction, and can help you from making costly mistakes
|
|
