The food and drink sector is one of the largest and fastest growing in the UK, contributing nearly £250 billion to the economy. Food and Drink businesses whether manufacturers, producers, distributors, brewers or distillers, face unique pressure and require advisors who understand the sector and will take time to know their business.
Our food and drink team believe the three key sector themes will be:
- Focus on value
Consumers will demand natural products and ingredients. More interest is paid to provenance than ever before and a focus on health and wellness looks set to continue. The government are getting tough on obesity, and food packaging will make it easier than ever before for consumers to be conscious of what they are eating. At the same time, commodity prices continue to rise.
Innovative products and processes will be the key to success for many businesses in this sector. Our food and drink team help innovative businesses:
- Identify innovation already occurring
- Build systems or approaches to identify and capture costs
- Claim valuable research and development tax credits
The UK Government sees food and drink as a key export sector. There are significant opportunities and new customers to reach, but we acknowledge that for many businesses this can feel like a leap into the unknown.
Our team does everything from guiding small businesses through their first steps to helping international businesses manage their overseas operations. As a member of HLB International we can provide “on the ground” advice and support from over 100 countries.
Focus on value
Where does the value lie in your business? Is it in your brand, in your manufacturing know-how, in the provenance of your product? Really understanding where you see the value of the business, and where potential buyers see the value is fundamental in getting both your corporate and reporting structures right. Our team can help identify where the value lies and ensure you maximise it. Services Accounting, audit and tax VAT advice and planning Import and export duty Access to international advice and support in over 100 countries Acquisition and disposal Research and development tax credits Capital allowances Cashflow and working capital modelling Refinancing and restructuring.
- Accounting, audit and tax
- VAT advice and planning
- Import and export duty
- Access to international advice and support in over 100 countries
- Acquisition and disposal
- Research and development tax credits
- Capital allowances
- Cashflow and working capital modelling
- Refinancing and restructuring