Keep track of your businesses finances using our FREE cash book template.
OUTSOURCE CREDIT CONTROL WITH OUR BESPOKE SERVICE
We understand credit control is a vital part of running any business, but finding time to chase clients for payment during your busy working day can be a struggle. At TFMC we adapt our outsourced credit control services to our client’s requirements. Our aim is to drive business growth and improve cash flow.
Our Credit Control Services Include:
- Establishing good credit control procedures
- Updating and reconciling your sales ledger and control account
- Reviewing your credit terms
- Running credit checks to assess potential or existing customers
- Deciding what credit to give a customer
- Producing an aged debtors report, to give an insight into monies which are overdue
- Sending out letters to outstanding debtors
- Chasing payments and posting payments
- Providing recommendations to clients when legal enforcement is necessary
- Providing up-to-date details on the situation
Fixed Fee Credit Control
We offer a fixed fee credit control service to help business owners of all sizes. Outsourced credit control can be a welcome asset to any business, but in particular; small businesses. Small business owners can avoid the costly hassles of employing a credit controller in-house and easily instruct The Financial Management Centre to collect outstanding invoices. Then all you have to do is sit back and watch your clients pay promptly and your cash-flow drastically improve.
Accountancy FAQ's
Tax and accounting can be daunting subjects for business owners. Below FAQ’s can help find the answers to the questions you may be asking.
Do I need an accountant?
By having an accountant, you will ensure that you do not put yourself at risk to the various HMRC penalties and end up having to pay interest that is charged for late registration, late submission of tax returns and late payments of tax.
How can an accountant help me?
As a business owner, your time is valuable and having the ability to spend your time on your business needs is important. By outsourcing to a qualified accountant you can do just that. Here at TFMC our qualified accountants can help you with Financial accounting and reporting, Auditing Preparation of tax documents, Management services and consulting, Financial analysis, Cash management
How much does it cost to have an accountant?
Looking after your business accounts is one of the most challenging parts to running your own business, and also one of the most important. Whether you are a sole trader, self-employed, small business, contractor or limited company TFMC can assist. Package prices vary so call our team today to find out more
Rachael Olukoju
Luton East
Manager Rachael is a diligent qualified accountant with audit experience and joined us from a top 15 accountancy firm. With a thirst for knowledge and personal development Rachael continues to study towards further qualifications. She is a strong communicator who is passionate, goal driven and leads by example. Rachael has significant...
View BioOur Plans
All our packages are fully customisable and we offer a fixed price monthly payment schedule - no surprises! This gives you certainty and allows you to spread the cost across the year.
Essential
From
£75
Per month*
Our essential package is suited to all businesses who are looking to ensure compliance with reporting requirements.
Professional
From
£300
Per month*
Take away the burden of managing finances and start focusing more on your business by investing in our professional package
Ultimate
From
£750
Per month*
Completely outsource your accounts whilst still maintaining a close eye on company performance with our ultimate package
* Fees vary depending on the size and need of the client business. Packages can be tailored so please contact us to discuss your requirements.
How can we help you
We recognise that not all businesses are the same and will be at different stages of their development. We offer a wide range of services to small-to-medium-sized businesses.
Startup
Finding the right accountant to help you look after your new business's financial side is a key decision that could save you a lot of time and money.
Learn MoreSole Trader
Sole traders are independent business people with drive and ambition. It is important that you use a dedicated accountant who understands that.
Learn MoreLimited Company
Whether you are a small-to-medium-sized business or need a fully dedicated accountant to help meet the challenges faced by limited companies, we can help.
Learn MorePartnerships
Partnerships bring certain complexities, especially when setting up with family or friends. We understand partnerships and help you grow the business together.
Learn More
Cawdor House,London Road,
Woolmer Green,
Hertfordshire,
SG3 6JE