The Challenge
A successful family-owned food retail business had outgrown its business model and consequently carried unnecessary costs. The challenge was to devise a business structure that would increase efficiencies and enable sustained growth.
The Solution
John from EndureGo Tax works with the client; EndureGo gave the business a strengths, weaknesses, opportunities and threats (SWOT) analysis. This gave the client a precise high level of view of what areas of the company they should develop, what areas should be left unaltered and what areas had to consolidate. These insights included restructuring the business entity, which resulted in new circumstances for optimising taxation benefits.
The Result
Our client successfully transitioned their business to a new operating model, which paved the way for future growth while delivering increased efficiencies, increased profits and an optimised taxation position.
