With her husband severely injured in a motorbike accident, and left in a coma, Rachel L. and her teenaged son were devastated. Unfortunately, as her husband suffered in a coma, so did the IT consulting firm Rachel and her husband owned and managed together.
Engaging RHJ Accountants in Sheffield
The family’s IT firm brought in over £300,000 per year when the couple were both working. As the months dragged on, Rachel got further and further behind as she attempted to keep the business afloat by herself. She reached out to RJH Accountants and engaged the firm to take over her bookkeeping responsibilities so she could focus her limited time on income-producing activities.
RHJ founder Jeremiah Jordan had known Rachel and her husband for years. After reviewing the books, and the family’s challenging financial situation, Jeremiah took it upon himself to help Rachel through the crisis.
RHJ’s UK business advisory services help keep cash flowing
The nature of the business could have exposed them to VAT, so RHJ’s team forecast what the company would have to retain in earnings in order for Rachel and her son to maintain their lifestyle without her husband’s income. Then RHJ made sure that all the taxes and the VAT got paid, and made sure there would be enough money in the business at all times to continue to pay Rachel should the worst happen.
Why Rachel L. recommends RHJ Accountants