Consultancy
Offshore Companies
Businesses registered, established or incorporated outside an individual's country of residence are called offshore companies.
Registration offshore is usually to benefit from some of the following:
· Privacy
· Asset Protection
· Reduced Tax Liability
· Protection against Law Suits
· Flexible Business Laws
· Ease of Operation
· Confidentiality
We have experience in assisting and guiding you through the offshore formation process and there are different structures that can be adapted for your personal situation. For example we would be able to help if you wish to keep your finances private to protect and safeguard your assets.
Recommended Jurisdictions
There is a wide variety of offshore financial centres and tax havens to choose from. Some of the offshore entities we work with are located in Guernsey, Jersey and the Caribbean. Offshore jurisdictions have different legal systems, which can be used to your financial advantage.
If you would like to know more about forming an offshore company please contact us.
Management Accounts And Information
Up to date, relevant and quickly produced management information allows you to make the right decisions for your business. Without this you will not have a clear picture of how the business is doing.
At YWC our services include:
· Monthly or quarterly management accounts;
· Reporting of key performance indicators that are the underlying drivers that run your business;
· Help with in house systems for you to produce your own information;
· Training on how to get the most out of your information;
· Supplying management information to lenders;
· Branch/Divisional results;
· Actual performance compared to budget and/or comparative periods;
· Costing information, including break-even turnover levels.
Strategic Planning
YWC knows that efficient strategic planning is crucial to the success of any business.
It does not have to be complex but you need to have an idea of where the company is going and what needs to be achieved to get there. Once you have this in place crucial decisions will be much easier and it is more than reasonable to then trust your gut instincts.
If you personally discuss business concerns with us we can offer advice on how to strategically plan the future approach to your business.
We usually follow this structure:
1. Identify where you are now;
2. Decide where the business needs to be;
3. Agree on strategic goals both personally and for the business;
4. Identify any possible limitations or consequences to the new strategy;
5. Agree an operational strategy to overcome any problems in order to meet your goals;
6. Work more ON the business rather than working IN it to avoid a lack of focus and leadership; Improve the process and help the business grow;
7. Develop and mentor everybody involved;
8. Monitor your results quarterly against those goals;
9. We also believe in always having at least a provisional exit strategy.
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