UK Business Partnerships

UK Business Partnerships

Whether you are venturing into a new partnership or you are already established, PetersonSims are here to work with you. A partnership means that every partner needs to have a finger on the pulse. You all need a clear and common plan about the direction your business is moving in, your roles and how you achieve your aims.  It is important to have accurate financial data and to be sure that the financial needs of all partners are met.

We will work with you to quantify your business goals and aims, discuss how we can work together to achieve that, put your plans into action and then monitor and review the outcomes.

Sometimes working in partnership can cause stresses that were never envisaged when you first started. The best way to deal with these issues is to be open, honest and transparent with all the relevant information and occasionally to have an independent mentor or reviewer to talk to; PetersonSims can do this.

Accounting Services for Partnerships

As your accountants, we are ideally placed to help with all business partnership matters – from advising on basic bookkeeping through to preparation of management reports and partners meetings. We can also handle all of your business accounts, reporting, compliance, completing your tax returns and ensuring that you are paying tax in the most efficient way.

PetersonSims work with most of the acknowledged online accounting systems and we can advise you on how to use them effectively, to comply with best practice and HMRC’s Making Tax Digital initiative.

Indeed we provide all of the services that you would expect from an accountant but in a friendly and approachable way.

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Partnerships Updates