There’s been a lot in the news about financial institutions of late. I’m sure you’ve noticed. Without naming names or companies, we’ve seen, in technicolour detail, how important it is to be open and transparent with your customers, whomever they may be.
All it takes is for the ‘wrong’ client to decide they won’t play ball and gets the bit between their teeth. Suddenly all hell breaks loose. As we have seen, making poor choices, especially in high-profile cases, has dire consequences for both reputations and careers. Not to mention the long-term repercussions – good and bad – of dragging these issues into the light.
Having given this some thought, I realised that it would be worth giving a quick overview of the services I offer at Enso that are designed to help my clients navigate the often complex world of running a successful business. Sometimes these challenges are much broader than your annual or monthly accounts. So my core message is that getting things right the first time using expert advice will save a lot of pain in the future.
To that end, I expect some of you may not be fully aware of these additional Enso services, so the following will act as a valuable update to show the comprehensive package Enso offers and then you’ll know who to call when the time comes.
OK, let’s get into it.
Legal Services
Business governance and the law always go hand-in-hand. From setting up to closing down or selling your firm, recourse to the law will always be in play. Anyone who had a run-in with HMRC, Companies House, their employees or shareholders will know when it goes pear-shaped; it can get pretty dark very quickly. And these are issues that can be existential to a business as they suck all the time and oxygen out of corporate growth. That’s why I’ve added legal services to the Enso portfolio.
I want my clients to get it right at every stage of their business journey and access expert support to get on top of legal issues and resolve them pronto!
Enso Legal is your trusted partner for all your business law needs providing expert legal services with a personal touch to existing and new clients. Our years of finance expertise, blended with innovative legal strategies, ensure we deliver informed end-to-end solutions tailored to your unique circumstances. Let my team help you navigate the complexities of the business law landscape and achieve the best possible outcomes in areas including.
- Company Formation & Restoration
- Shareholder Management
- Employment & HR problems
- Commercial & Contract Law
- Corporate Governance
- Trademarking & Intellectual Property
Contact legal@meetenso.co.uk for more information.
Innovation Support
Enso has an enviable track record of working with businesses in applying for research and development (R&D) tax reliefs. The scheme was launched in 2000 for UK SMEs and is designed to help companies invest in economically beneficial innovation by offering corporation tax breaks on qualifying R&D projects.
As you’d expect with any government-related bureaucracy, it’s a complex and onerous process. Perhaps that’s why it’s always been an underused resource by UK SMEs. Many who have benefited from the scheme usually start with informed, up-front advice and ongoing support to make a successful application and reap the rewards that can come from this cash injection.
It’s worth noting that from August 2023, following a drains-up review by HMRC, the R&D tax relief scheme is introducing some pretty radical revisions that tighten up the criteria. These include only accepting online applications and upping the compliance regime. These are designed to reduce fraud and spurious claims ensuring the projects it supports are genuinely innovative and supported by high-quality evidence and financial justifications.
Despite this, the scheme remains an attractive option for innovators, and we would encourage applications from those whose projects meet the updated guidelines.
Happily, the Enso team has all the skills you need to assess your innovation projects. Indeed we’ve helped lots of clients access this vital financial support. We’ve carefully reviewed the new regime and remain confident that our approach to accessing this essential business finance easily accommodates the changes.
I want to unlock R&D tax reliefs for all kinds of enterprises. But there’s only one way to find out. If you have an innovative idea you want to make a reality, I’ll be delighted to have a look and, where appropriate, do my level best to get you the R&D tax credits you could be entitled to.
For more information, check out our R&D-related blog posts.
The Power Of Ensomatics
So you’re legally sound and may have some spare cash from a successful R&D application. Things are looking good, aren’t they? But how would you know? Have you got the information you need to get up-to-the-minute data on how your business is performing?
At Enso, we think having business intelligence in real-time is the way forward, so we introduced Ensomatics earlier this year. I’m delighted to report quite a few clients have been in touch to get their Ensomatic dashboard in place, so what’s stopping you?
As a reminder, we’ve designed this product to give you the numbers you need anytime, anywhere. The name derives from the notion that it’s ‘automatic Enso’, instantly providing you with the performance metrics you may previously have called my team to get. Why wait when you can get the data immediately?
Look at the examples on my website to get an idea of the accessible way Ensomatics show your performance trends. These visual dashboards display at a glance all the useful metrics you need to drive growth, offset issues, improve customer satisfaction or increase profits.
At Enso, we think dashboards aren’t just for cash-rich corporates. SMEs can benefit too. That’s why we’ll be thrilled to design an Ensomatics dashboard to give you your essential numbers whenever needed. So get in touch if you want the power of Ensomatics for your business.
It’s a classic ‘no brainer’.
Tech, Tech, Tech.
We’ll continue to pursue our tech agenda like a motivated bloodhound. This is, and will always be our core mission. We will use tech to make your finances quicker, simpler and more effective. This is how 21st-century business finance support should work, so you should accept nothing less.
With the recent advances in AI, these goals will accelerate with every passing day, and you can be sure I’m all over it. As Enso develops, I’ll always use and recommend the best tech for every Enso client. Plus, I’ll strive to keep you up-to-date with new tech-based products and services that will make your lives easier and help your business to thrive.
It’s what we do at Enso – by design – and why you can always be confident we’ve got your back.
Now, How Can We Help You?
I hope you found that round-up helpful, and essentially if you’ve seen something we can help with, get in touch on the usual channels.
The business world is in constant flux, and there are tremendous changes and considerable challenges in the world we all have to face, whether we want to or not. We all have to play our part, so if you have any suggestions on how I can improve how we work together or any new products and services I can develop to benefit my clients, I’m all ears.
OK, that’s it for this month; keep going, keep growing, and if you need to chat, you know where we are!
All the best
Adam