Growing a business
Growth and expansion is an exciting, yet challenging time in the life-cycle of a business. Whilst growth is almost always positive, it does bring a whole host of new considerations for business owners.
Whether growing organically, or through mergers or acquisitions, it is important to structure your finances correctly and to ensure you have the right team in place to support your growth.
UNW offers advice and support when developing and executing a growth plan. We also identify funding options and eligibility, and assess your business strategy, to help shape and realise growth aspirations.
UNW has recently advised Perfect Image, a long-established and trusted end-to-end IT solutions provider, on a Management Buyout (MBO) that completed in May 2019. Chiltern Capital, a London-based private equity firm, provided financial support.
Samuel Knight International, a global recruitment and project man-power specialist headquartered in Newcastle, was founded by Steve Rawlingson in 2014 with the ambition of shaking up the recruitment industry. Initially tackling an acute skills shortage in the energy and rail sector, it has demonstrated an impressive level of growth since its inception.
Newcastle-based chartered accountancy and business advisory firm UNW has advised Receptive Software Limited on its sale to business software firm, Pendo, which is headquartered in the United States.
Following on from our previous article, HMRC have announced an updated guidance for those who are going to be affected by the significant amendment to the VAT rules for construction services known as ‘domestic reverse charge’ accounting.