Business Management
Empowering Your Creative Success
At Worth Knowing, we understand that the unique and often complex lives of creative professionals require specialized business management services. Our personal CFO services and concierge support are designed to meet the demands of your artistic career, ensuring that every aspect of your financial and business affairs is managed with precision and care.
Customized Solutions for Creative Success
Creatives require specialized support, and our business management solutions are crafted with this in mind. Whether it's managing credit control, overseeing royalty accounting, or handling withholding tax for international projects, we deliver comprehensive business process management services that address every detail of your financial landscape.
Supporting Small Businesses in the Creative Sector
We know that running a small creative business presents unique challenges. That’s why our small business management services are designed to provide robust financial and operational support at every stage of growth. Our business management consulting services offer insights and strategies to help your creative business flourish in a competitive market.
Strategic Management for Creative Professionals
Our extensive experience in providing business management and strategy services to creatives, we understand the complexities of the industry. From artists and musicians to filmmakers and designers, we work as your trusted financial partner, ensuring that your personal and business finances are managed with precision and confidentiality.
Comprehensive Services for the Creative Industry
At Worth Knowing, we offer a full spectrum of business management services tailored specifically for small businesses in the creative industries. Our deep understanding of the unique financial challenges faced by artists, designers, musicians, filmmakers, and other creative professionals allows us to provide highly specialized support. Here's how we help you stay focused on your craft while ensuring your business runs smoothly:
- Bookkeeping, Credit Control, and Cash Flow Management
We keep your finances in order with precise bookkeeping, ensuring every transaction is recorded for a clear financial overview. Our credit control services help maintain a healthy cash flow by managing timely invoice payments, while our proactive cash flow strategies keep your business financially stable and ready for growth.
- Management Accounts and Financial Forecasting
Gain valuable insights into your business’s financial performance with our detailed management accounts. We help you track income, expenses, and profitability, while our financial forecasting services enable you to plan for growth, mitigate risks, and make informed investment decisions.
- Specialist Tax and VAT Consultancy (Including Withholding Tax)
We simplify complex tax matters for creatives. Our expert tax consultancy ensures VAT compliance and maximizes tax efficiency. For international projects, we manage withholding tax, keeping you compliant with global regulations and minimizing liabilities.
- Royalty Accounting and Audits (Including Digital Revenue Streams)
Maximize your earnings with our comprehensive royalty accounting services. We track and manage your payments, ensuring accuracy and timeliness. Our royalty audits verify all earnings, including from digital platforms like streaming services and online sales.
- Statutory Reporting and HMRC Compliance
Stay compliant with UK law through our statutory reporting services. We manage all aspects of HMRC interactions, from filing returns to addressing inquiries, ensuring your business meets all legal requirements on time.
- Global Business, Property, and Wealth Structuring
As your creative career grows globally, we help you manage and structure your assets efficiently. Our global business structuring services protect your wealth and optimize tax benefits, whether you’re dealing with overseas property or international investments.
- Tax Planning for UK Nationals Abroad
For UK nationals abroad, we provide tailored tax planning services to navigate international tax laws. We ensure compliance with both UK and foreign tax authorities, while exploring strategies to minimize your tax burden.
- Advisory on High-Value Real Estate and Investments
Our investment advisory services offer expert guidance on high-value real estate and other significant assets. We help you assess opportunities, manage risks, and structure investments for maximum return, safeguarding and growing your wealth.
- International Tax Strategy
Expanding globally? Our international tax strategy services optimize your tax position across multiple jurisdictions. We develop customized strategies to minimize liabilities and ensure compliance, empowering you to grow your creative empire with confidence.
We understand the financial challenges that come with a successful creative career. Our clients trust us to protect and enhance their wealth, ensuring that every financial detail is meticulously managed.
Your Trusted Business Management Partner
- At Worth Knowing, we become an integral part of your advisory team, working alongside your manager and lawyer to provide seamless financial and business management support. Our goal is to empower you to focus on your creativity, knowing that your business is in expert hands.
Ready to discuss how we can help? Let’s schedule a chat to explore your needs.
Frequently Asked Questions (FAQs)
