Have a chat with your lawyer on the phone or in person. During this conversation we obtain an understanding of who you are, what your business does, how you feel your business is performing and hear from you whether you have identified any particular issues facing your business which you would like us to consider.
From there, you will receive the details of what documents are needed from you in order for us to prepare your report. These documents would typically include profit and loss statements, balance sheets, creditor and asset listings and any more specific documents relevant to your pain points.
Once the documents have been received, your lawyer will perform an in-depth review of the financials and other materials to determine your businesses current financial position and present performance, identifying any potential red flags for your business and preparing a cash flow forecast so that you can understand the direction your business is heading.
The investigations and analysis are then collated into one simple to read report for you which will provide you with a snapshot of your businesses current performance, the current projected earnings, issues presently facing your business and then an outline of the options available to you to improve those numbers.
You will then meet with your lawyer to go through the report either in person or over the phone to make sure that you completely understand the document and all of the information contained therein before discussing the next steps on how we can improve your business.
You are in no way obliged to proceed with any of our suggestions - but Macmillan is here to help.