START UP

So you want to be your own boss, control your own life and how you do things. To do this you must have total confidence in your idea/business. There is a balance between ambition on the one hand and success on the other. The thing that brings together ambition and success is control. Most business people in start ups try to control the whole process themselves. It is the desire to hold tight to the original idea/concept that in fact leads to a great many start ups not progressing in the way that was expected. If you try to control everything the whole process becomes very tight and cramped and in fact an element of negativity comes into play. You cannot be good at everything and this is where we at Ryan & Crowley can help. Since 1981 we have been helping businesses to succeed and adding our considerable experience to help you to achieve success. Achieving success is what it’s all about and we are perfectly placed, in fact it is our mission, to help you achieve this.

We have accumulated a wealth of experience over the years, not just in technical competencies, but in actually forming a unique relationship with clients based on total trust and independence. You will need advice in many areas to deal with strategic, financial, taxation, legal, human resource and compliance issues. In our work we have to combine all these areas to advise you in a totally holistic way. We believe we are in a unique position of trusted advisor not just to solve a particular problem but to apply a particular solution across all the areas of your business. You cannot deal with critical issues in isolation as these issues usually effect all the main aspects of your business and you may not be in a position or have the required knowledge and experience to do this.

It is absolutely critical to have your own strategic/business plan. Unless you do this you will not be able to plot your course, never mind locate precisely where you are at any point in time or whether you are in fact on course at all. Every plan is unique to every start up and it is absolutely essential that you understand every aspect of the plan yourself. You will most likely not be able to cover all the aspects of the plan yourself and this is where we can help. We can help you with the financial, taxation and legal aspects of your plan whilst making sure all the way that you understand fully the issues and appreciate how they are linked together. It is vital that you understand the interaction of these areas and above all how they are combined in such a way as to achieve the maximum success for your business. It is critical that you do not do something at the start that will restrict your plans further on down the line. We can make sure that you are not exposed in any of these areas.

An essential part in helping you formulate your plan is getting to know you and your business. This is critical and is the foundation of our relationship with you. By helping you to put the plan together this will help us to plug into your wavelength and assist you in monitoring your progress and help with those issues that will pop up along the way. We can bring a discipline to the business through our experience, knowledge and independence.
Start ups, and in fact all businesses, need discipline. It is nearly impossible to have self discipline across all the required areas. You are simply too busy. In these circumstances people always take the short cut, with the best of intentions. Through regular meetings, at convenient times for you, we can help address the key areas on an ongoing and in a positive manner. You will get a tremendous feeling of control from these meetings. We can help to record these meetings. This will help you to delegate certain aspects of your business as you will have a means whereby accountability and control are measured and reported.

We are perfectly placed to help you with accounting and reporting matters. In the majority of start ups the accounting function is usually the last function to be set up and maintained properly – the I’ll get around to it tomorrow syndrome. We can help you in this area by taking the basic/prime records and making sense of these on a regular basis. We can reach an understanding with your business and help with weekly, monthly, bi monthly, quarterly and annual reporting issues of a taxation and legal nature. Apart from the compliance issues, that we are completely on top of because of our ongoing involvement on a regular basis, we are in the perfect position to produce regular accounting information.

We will be meeting with you on a regular basis and the accounting information will be an integral part of our discussions and advices along with strategic and the other functional areas. This will include proper credit control and cash flow management on a regular and up to date manner and also profitability. By managing cash flow the business is given a chance to be profitable. Most start ups take cash flow for granted and this is one of the main reasons for failure. It has nothing in fact to do with the business model or idea in the first place and extremely difficult for start ups to accept.

By having up to date information and meeting regularly you are in a position to access our advice on an ongoing basis and we are ideally positioned to deal with any issues in a timely manner so that the business is in a position to maximise its return all the time. By resolving difficulties and finding solutions you are creating opportunities all the time. We will assist you in reviewing your strategic/business plan and make sure you are ahead of the game all the time. You can deal with anything if you can get a glimpse of it coming down the track. The better the view and the longer you have to deal with the issue the greater the success of the outcome.

It is absolutely essential to be dynamic and nimble and above all to stick with your plan. With a little advance warning it is always possible to create alternatives whilst staying focused on the overall plan. This is vital to long term success and also alleviates very stressful situations whilst freeing up resources that can be applied to making the business successful.

This is the way to financial and business independence. This has to be the Holy Grail at the end of the day. It is you business from the start and if over a period of time you can achieve financial independence you will be able to achieve all your starting goals and those other goals you will have aspired to along the way.
This is only the beginning for us in Ryan & Crowley because we never anticipate the end. The ultimate goal for us is to help and assist in every way we can our clients over as many generations as it takes. We will be there, come join us.