Service Industry Accountants

How can Maple Accountancy help?

Service industry accountants

The service industries are industries that provide services rather than tangible goods to other businesses, consumers, or customers. This includes businesses in the following sectors; hospitality, leisure, travel, media, information technology, media, entertainment, retail, healthcare, sports, customer service, finance, wellness, marketing and sales, consulting, professional services, managing, culture, and education.

Maple Accountancy are expert service industry accountants. Our expert accountants and business advisors can offer a range of accountancy services for service industry clients. We have extensive knowledge and years of experience working with clients in a range of service industries, which allows us to effectively support and advise service industry clients with their finance and accounting needs. We understand the unique issues and requirements of the service industry sector. Our team of experienced service industry accountants and tax advisors are ready and waiting to support you.

We can help a range of service industry clients throughout the UK, including restaurants, bars and pubs, cafes and coffee shops, hotels, retail businesses, fast food chains, caterers, hairdressers, event companies, leisure and tourism companies, franchisees, IT companies, engineering companies, solicitors, businesses in the medical sector, consultancy businesses, marketing companies, event management, and much more.

We support businesses of all sizes all over the UK, from small family-owned businesses and owner-managed businesses to large well-known service industry companies. At Maple, we understand each client is different, and we tailor our services to suit your specific needs. We provide a range of services and packages, as well as a fully outsourced accounting service, where we look after all the financial aspects of your business either on a weekly or monthly basis and provide either monthly or quarterly managements. But we do more than just ensure you’re kept compliant and count the numbers, we provide advice on business growth and development, profitability, tax planning and minimisation, and cash flow management to make your business as easy, enjoyable, and hassle-free to run as possible.

Accounting services for service industries

Monthly/Quarterly management accounts

Maple Accountancy looks after all the basic administrative duties, completing them to the highest standard and always on time. Outsourcing these functions to experts such as ourselves helps to free up valuable management time. We can prepare your management accounts on a quarterly or monthly basis to help you track your business performance and identify any strengths or weaknesses over time, allowing you to understand what is going on in your business, so you can respond to changes faster.

Tax planning

Included with your fixed fee is a Tax Review designed to help you pay your fair share of tax – but not a penny more! This review uses a plain English checklist to discover whether the business and its owners are likely to be able to benefit from the simplest and most common tax saving options, and wherever possible, we will help you to access tax relief schemes.

Growth review

Your fixed fee includes a growth review. During this review, we will use software tools to help you identify the untapped profit potential in your business. We will also share a selection of proven ideas from our growth programme. Ideas that could make a very real difference to your profits and your prospects.

Bookkeeping

We can handle your bookkeeping for you, dealing with the day-to-day grind of sorting your business paperwork to free up more of your valuable time. We can set up cloud-based accounting and bookkeeping for you to keep your accounts up to date, move your existing company accounts into your new cloud system, and provide you with automated expense tracking software.

Fully outsourced service

We provide a fully outsourced accounting service where we take care of all your basic accounting functions and provide a fully integrated support system to meet your business needs and free up more of your valuable time. We look after all your compliance and management services, as well as maintaining your account system, inputting purchases, sales invoices, petty cash and wages. Prepare all your reports and monthly management accounts, develop KPIs with Directors, and provide a Benchmarking Report and an Annual Business Valuation to help you maximise the value of your business.

Payroll services

Administering the payroll can be a time-consuming task as a business owner, but we can help you relieve the administrative burden by handling your payroll for you to ensure your staff are always paid correctly and on time and that you always comply with HMRC regulations and deadlines.

Want to learn how to grow your service industry business?

Find out more in our 57 ways to grow your business guide

Want to learn how to successfully grow your service industry business? Business growth is essential for any business wanting to progress and succeed. Generating new business and increasing your income is important to your business success, however, without the correct expertise, this can be challenging. We have put together a detailed guide for any serious entrepreneur wanting to focus on their business growth. As expert Business Advisors, we have years of experience helping service industry businesses grow and succeed, and through this guide, we hope to help you do the same.

This guide will teach you how to generate new business and grow your customer base whilst also helping you to increase your revenue from returning customers by increasing the number of times they do business with you and increasing the average value of each transaction. It also offers tips on how you can increase your own efficiency and effectiveness, and explores a variety of business principles for growing a successful business. 57 Ways to Grow Your Business is full of bright ideas, expert advice, and top tips to take your business to the next level.

Get in touch

Contact a member of our team using the form and we’ll be in touch to discuss how we can help you.

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