A recipe for resilience: What retail and hospitality businesses can do now to cut costs
In this article, we’ll explore the strategies retail and hospitality operators can adopt to manage costs and stay resilient in a challenging economic landscape.
Chemicals
A sector full of opportunities, and we want to help you make the most of them
From research and development through to manufacturing and distribution – no matter the activity your company specialises in within the chemical industry, our expert team of accountants and financial and tax advisers are here to support you.
We have seen the chemicals industry change significantly over the last few years. Both demand and supply have changed dramatically, creating many opportunities and challenges. The long-term changing relationship with crude oil, significant industry growth rate, and breadth of innovation are all contributing to a vibrant changing environment.
As specialists in supporting chemical businesses, we know there are also challenges to overcome:
- Auditors and accountants need to understand what is core and what is changing to identify risk and produce strong and valuable data, as well as informed opinions.
- Tax advisers are needed to help structure international affairs as trade becomes more complex, and profits flow into different jurisdictions.
- Corporate Finance advisers need to understand what the true value of a modern business in the chemicals space really is and how to acquire, merge, undertake joint ventures and sell.
- Advisers need to understand the pressures on demand, supply, regulation, currency, and political emphasis, as well as the day-to-day challenges in topics such as attracting and retaining talent.
Advice where and when you need it
Our specialists can offer a range of business services focused specifically on the needs of chemical companies.
These include:
- audit and assurance services
- outsourced accountancy, bookkeeping, and secondments
- raising debt and equity for growth, working capital, acquisitions and buyouts
- growth and exit planning
- business planning and forecasting
- corporate finance
- tax and VAT planning
- share scheme implementation
- R&D tax credit and Patent Box claims
We can help
Contact us today to find out more about how we can help you
Read our insights here
Inheritance Tax myth busting
Meet the Harrisons: John and Susan, a married couple in their late 60s, living in a £750,000 home in Cambridge. With adult children that have flown the nest, modest pensions, and some savings, they never considered themselves to be particularly ‘financially wealthy’. However, like many, they are unaware that their estate could be subject to Inheritance Tax (IHT).
PB Plays
Welcome to our series of PB plays where we mix Tax, Accounting & Gaming with the professionals behind the numbers.
Our advice to investors: Why currency matters more than you think
The impact of currency adjustments on earnings and reporting is an overlooked area in financial reporting. Read our advice to investors here.