Business Advisory

Success depends just as much on consolidating and looking at the ‘big picture’ as taking care of the intricate details of daily operations. For any successful business, managing resources and using them efficiently is key, but looking forward with clarity and purpose is what truly transforms ambitions into realities. Supporting some of the fastest-growing businesses in the country, our services are designed to oversee every aspect of your financial needs and strategic growth plans, empowering your business from one year to the next.

Michael

Michael Farrell

Business Advisory Partner

Who we can help

  • START UPS
  • ENTREPRENEURS
  • SMES
  • PRIVATELY OWNED & LISTED BUSINESSES
  • MULTINATIONALS
  • PUBLIC & SOCIAL SECTOR ORGANISATIONS
  • AIM LISTED COMPANIES

SUPPORTING YOU & YOUR BUSINESS

Talk to us

Strategic advice and practical support are essential for reaching your business goals. Our business advisory team offer a fresh perspective, combining technical expertise, industry knowledge, and financial insight to keep you focused on growth.

Whether you want to enhance business performance, improve profitability, scale up, or raise finance, we’re with you every step of the way.

Aligned on your vision, together, we’ll embed strategies, pinpoint efficiencies, and drive growth.

  • I wouldn’t hesitate in recommending AAB to anyone else who, like us, may be struggling to get the expert advice required, especially when it involves coming back to the UK and managing tax aspects on overseas income and assets.

    John Bannerman

  • I contemplated transferring my business to a limited company and I knew I could rely on AAB to make the process as straightforward as possible whilst providing the accounts and tax advice to enable me to make the right decision.

    Colin Brown

  • We were delighted to have the support from our Corporate Finance partner AAB on the largest acquisition the Donaldson Group has completed to date. The collaborative support, drive and expert advice from AAB enabled us to complete the acquisition.

    Arlene Cairns, James Donaldson & Sons

  • AAB set up Foreign Tax Net Credit Relief for us through HMRC, making it easier to get double taxation relief. They also educated our offshore workers on the implications and process of working overseas and how this affects their UK PAYE position.

    Bruce Melvin, READ Cased Hole Ltd

STRATEGIC CROSS BORDER SOLUTIONS

Brexit has reshaped the trading dynamics between UK and Irish businesses. Uniquely positioned post-Brexit, Northern Ireland is the only region globally with the privilege to freely trade goods with both GB and EU markets. This strategic advantage makes it an exceptional hub for companies targeting expansion into these significant economies. 

At AAB, we understand the complexities and prospects that this new trading framework presents. Our dedicated Cross Border and Customs Teams are committed to helping businesses capitalise on Northern Ireland’s dual market access. We provide expert guidance on optimising trade arrangements, navigating tariffs, and comprehending regulatory changes in this evolving economic landscape. 

Talk to us about cross border solutions

MANAGEMENT ACCOUNTS

Tracking your business performance regularly is crucial for making informed decisions and steering your strategic direction. Management accounts deliver critical insights into your company’s daily operations, laying the groundwork for future business projections and financial planning. Keeping an eye on essential metrics allows for the effective management of working capital and cash flow, aligning with your business goals. 

Financial bodies such as banks often necessitate precise and current accounting data, typically provided through monthly or quarterly management accounts. At AAB, we specialise in creating these vital reports and offering strategic analysis to boost your company’s growth. Our comprehensive services include the preparation of management accounts and projections, alongside providing informed advice during finance-focused discussions to facilitate your business’s advancement. 

Get the benefits of regular management accounts

PUBLIC SECTOR CONSULTING

As one of the largest consulting firms on the Island of Ireland, AAB is a natural choice for public sector organisations tendering for services. We have a strong track record working with Government departments, state agencies, local councils and various publicly funded organisations. Our business advisory team provides a broad range of support including internal audit, economic and financial appraisals, value-for-money studies, project and programme evaluations and grant application assistance. We also advise companies applying for funding to public sector organisations such as Invest NI and Enterprise Ireland. 

Talk to us about public sector consulting

BUSINESS FUTURE READY REVIEW

Our team offer a dynamic and proactive evaluation of your business from an external perspective, aiming to pinpoint strategic recommendations that will increase its future worth. 

This evaluation generally includes: 

  • Initial consultations with business owners and principal executives to grasp your objectives. 
  • A customised request for information covering financial records, business strategy, and details regarding clients and suppliers, among others. Subsequent inquiries and requests for clarification as necessary. 
  • Identifying practical steps you can undertake to seize market opportunities; enhance risk management strategies, tackle specific hurdles mentioned, fine-tune operational efficiency, and in essence, elevate the value of your business. 
  • We conclude with a direct presentation of our findings and recommendations to the business’s stakeholders (and the management team when relevant), ensuring a clear and actionable path forward. 

NEW BUSINESS SET UP

Deciding on an appropriate trading structure is pivotal when launching a new business. The ease of running a business as a Sole Trader or within a Partnership might appeal to some, whereas others may find the protections offered by a Limited Company or Limited Liability Partnership more advantageous. Our specialists are here to help you weigh the pros and cons of each structure, especially in terms of tax implications, to assist you in making a well-informed decision. 

Should you decide to form a company, you can take advantage of our quick and comprehensive company formation service. We are equipped to establish your Limited Company or Limited Liability Partnership, complete with all the necessary legal paperwork, ensuring the process is smooth and straightforward. 

Set up your business
NEW BUSINESS SET UP

SUCCESSION PLANNING

Succession planning is a process that requires time and careful thought. It doesn’t necessarily mean planning to pass the business to the next generation — it can involve selling the business or identifying talented individuals within the organisation and developing them for a future leadership role. Our business advisory team will help you clarify your objectives so that you can begin to develop a plan. A well thought-out and effectively executed succession plan will maximise the future benefits for your family, your business and yourself.

Our succession planning services include: 

  • Business valuation 
  • Strategic advice 
  • Financial planning and tax advice 
  • Negotiation and mediation 

AAB Business Advisory

OUTSOURCED BUSINESS SERVICES

Expanding your team isn’t always a practical response to rising demands, new ventures, or limited operational capacity within your start-up or SME, especially when faced with tight budgets or immediate needs. 

This is where our flexible business support options can make a significant difference. By tapping into our pool of experienced and versatile professionals, you can bring in the exact skill sets you need, precisely when you need them. Our services span a broad spectrum of business functions, offering you the ability to select and customise the support you require—whether that’s on a project basis or for ongoing assistance. 

How can we help?

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