Luxury leather brand Beauchamps of London was founded by designer Alex Fagan. A belt she’d designed and taken to an event at London’s iconic Liberty department store in 2009 was later stocked by the store.
This encouraged Alex, who had grown up on a farm and was working in commercial property, to take the plunge and set up her own business.
Growing the business
Working out of a small studio in South Kensington, the company carved out a strong niche for itself designing a whole range of distinctive fashion goods, from belts and handbags to clutches and wallets – and has also begun producing a range of corporate stationery accessories.
Employing just one other person, Alex never really considered that her business would need, or be able to afford the services of a Big Four accountant.
But despite employing an accountant, as the business grew Alex was still having to do a lot of the administrative legwork herself, and spending valuable time keeping on top of the books.
How changing accountants has helped
By chance, she spoke to a friend of hers who worked for KPMG. He explained to that KPMG had a small business accounting service that could take care of all her accounting and compliance requirements, with minimum fuss and at very affordable cost,
Alex spoke with one of the KPMG small business accounting client advisors, who explained how the service could work for her. She then made the decision to become a KPMG client.
Alex explains: “KPMG’s service has been brilliant for us – I want to spend my time designing beautiful things, not poring over the accounts and receipts. I thought we’d be too small to be of interest to KPMG. But actually, the service is ideal for us and it works really well.”
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