Friday, May 18, 2007

Mid Sized Company - Mid Sized Advice

Is it just me or are there very few people or companies that cater for the mid sized company?

Let me explain. In recent weeks we have been looking at doing some things from a profit share perspective that are a little different from the norm. Doesn’t sound like a big deal, does it? Well we pretty quickly figured out that anything a little out of the norm is more than a little tricky to get advice on – everyone seems to want you to fit into their “product”.

Fine, so we put together our own way of doing it and now we need to get it validated by the experts (to make sure that it is tax efficient etc.). Next problem, who do we speak to? A tax expert? No, they don’t factor in the accounting side of things. An accountant? No, they don’t understand the tax implications. An investment adviser? No, they don’t understand tax or accounting! Oh, just forget it. Wait, that’s not a solution either. *Hits the books*...