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My Feature in Rural Life Magazine

My Feature in Rural Life Magazine

I am delighted to have been accepted as a regular contributor for a new magazine called Rural Life.

In this first edition I introduce myself and talk about my journey to becoming a Business Consultant.

Over the coming months I will be sharing my knowledge, hints and tips on how to improve your rural business.

Read my full article below….

RECEPTIONIST TO RURAL BUSINESS CONSULTANT

Who am I?

I’m Bryony Parker, consultant, mentor and founder of BP Business Consultancy. I specialise in supporting rural businesses and helping them grow, develop and achieve their goals. I work with owners and managers to identify pain points and challenges then work together with them to create bespoke solutions and processes to get things running smoothly and profitably. I’d like to tell you a little bit about how I ended up where I am and share an example of the type of work I can do.

 

Where it started

My first job was as a receptionist at a print company. Alongside the usual reception duties this was where I was first introduced to accounting. At 19, It was a steep learning curve, but at least I knew there was no such thing as tartan paint! The role was the beginning of something and led to me undertaking nearly every role within a finance function, from credit controller to financial controller and everything in-between. I’ve worked in many industries, print, plant hire, animal feed, orthopaedics, agriculture and hospitality, to name a few.

 

You can never predict the future

Learning from the ground up has given me a strong understanding of business processes and procedures, which is something I specialise in. I never expected or planned a career in finance. At school I hated maths. (I could never understand why I would ever need to use trigonometry!) However, in my early forties I went back to college and studied for my AAT qualifications and three years later  – became a qualified accountant. It was hard work for sure, but one of the best things career-wise I have done.  For many years working as a finance manager, I have helped turn unprofitable companies, with messy accounts into streamlined profitable ones.

Rural roots

I’m a country girl and grew up in rural Leicestershire. In my early teens we had a smallholding where we kept a few sheep, cows, goats and my pony Sophie. If I wasn’t riding, I was either feeding sheep, lambing ewes, haymaking, shooting clays or driving our little antique grey Fergie tractor.

So, with an agricultural and equestrian background, it’s always been an ambition of mine to work in this environment. But it wasn’t until I moved down to Dorset seven years ago when I began working as a freelance finance manager that I decided to specialise in Rural Enterprise.

A brief example

One of my first clients was the estate manager of a 1500 acre mixed arable and dairy farm. He had inherited a mess and the farm, previously under bad management, was haemorrhaging money.

Thanks to my upbringing and my overall interest in the countryside I’ve developed a level of knowledge that come’s in very helpful when helping other Rural businesses as I understand the challenges they face. For example, I know what layers pellets are, what colour a Fendt tractor is and what mastitis or laminitis is – which was a great advantage when coding costs!

We worked hard updating the accounts system, creating procedures, looking at cost analysis and potential savings and streamlining processes. As a result of two years’ hard work, the farm’s profit increased and cash flow improved. 

Realisation hit

In 2018 I was an associate for a dairy consulting firm. I worked for them as a cost of production data collector for the Arla R500 scheme. I was allocated 18 farms along the South Coast and I loved it. I was travelling to site and rocking up laptop in hand, looking at their financial information and producing a Cost of Production report.

The work I was doing made me realise that I could help other rural companies and how I could make a difference. I thought about it, turning the idea over in my mind. Thinking about how my love of troubleshooting and solving people’s business problems and challenges could evolve, how I could help start-up businesses or those who were ‘stuck’ and unsure about where to turn for help. So, I made it happen. In January 2019, BP Business Consultancy was born. 

I am a director of several family companies and have been freelancing now for over seven years. I’ve had the chance to encounter and overcome many of the pitfalls we all grow through when starting a new business. I know how to grow a business, how to sustain it, and how to prepare it for the next generation.

 

What next?

Now I travel around the country meeting clients and using my experience to solve their business problems either on a consultancy or mentoring basis.

I offer a range of packages to suit different budgets and requirements – and they are all tailored specifically for rural businesses. It feels great and I love what I do. 

Rural Life Spring Edition

Read In Full Here

Xero Setup and Conversion

Xero Setup and Conversion

With Making Tax Digital coming up in April 2019, changes are afoot for VAT registered businesses with a turnover over £85,000.  From April 2019 they will be required to have digital records and submit VAT returns digitally.

If you are thinking of moving your current accounts system over to Xero, and not sure where to start or what is required. As a Xero Accredited Advisor, I can help you with that and more. You can convert to Xero from most accounts’ software including Sage50c, Farmplan and Key Prime.

I travel to your office and set you up with a new Xero account and convert all your accounts details over to the new system. This usually takes less than a day to do.

 

The Service Will Include the Following Processes

  • Set up Xero data, organization and business details
  • Create a customized chart of accounts in line with your business
  • Import and customised invoice settings
  • Setting up live bank feeds from your bank accounts
  • Import all contacts (customers and suppliers)
  • Make sure conversion balances are correct
  • Import data from the old system to new

All this can be done by BP Business Consultancy

For more information contact us today.

Making Tax Digital

Making Tax Digital is the governments plan to make it easier for individuals and businesses to get their tax right and to keep on top of their affairs, meaning the end of the annual tax return for millions.

APRIL 2019

From 1st April 2019 businesses above the turnover threshold of £85K will have to keep digital records and submit VAT returns. You will no longer be able to submit manual returns.

Today, only 11% of VAT returns are filed with online software, if your accountant doesn’t currently file VAT returns using online software, Making Tax Digital could have a real impact on how you work so it is vital you start researching today.

APRIL 2020

It is expected that by April 2020 at the earliest Sole traders and partnerships with income between £10k and £85k will need to maintain digital records. With tax data being required every three months instead of annually.

How can BP Business Consultancy Services Help?

  • We can help you source HMRC approved digital software, to find out what system is best for your needs.
  • If you have new software and are unsure how to use it, we can provide training to help you feel more confident using it.
  • If buying new software, we can help with data transfers from old systems to new, making sure relevant balances and information is retained.
  • We can set up your new software with bespoke chart of accounts and features that are relevant to your business.
  •  We can help you with your bookkeeping either on-site or virtually.
  •  We can process your VAT returns using our registered HMRC Agents.
  •  We can recruit a bookkeeper to work onsite in your office mentored by our IAGSA trained associates.

Contact Us Today To Find Out More

New Release

New Release

Welcome to my new website, I hope you like it as much as I do.  I wanted to make it feel less corporate and more rural.  But retain a professional quality too, as that is the service I provide, professional, helpful, and above all reliable. The reason I decided to make Rural Enterprise my niche is that I am a country girl at heart. My experience as a farm secretary has helped my understanding of farm life considerably and I have over the last year or so had the pleasure to work with two large country estates that ran mixed arable and dairy farms. I grew up in rural Rutland and we owned a few animals, including sheep, cows, horses and goats. But, I have always had an interest in farming and the rural life, and have ridden and owned horses on and off all my life.