Do you want to join a grant programme, but your business's financial data does not allow it?
Have you identified an ESPA, LEADER or Development Law programme that could help your business grow?
Do you want to buy equipment, expand your premises, create new activities or make an important investment?
And yet, when you examine the conditions, you find that your business does not have the required financial data.
Perhaps questions like these have crossed your mind:
- Why can I not join a grant programme when my business runs normally?
- Why are my turnover or profits not enough for the funding I want?
- Why do equity or the financial results of previous years limit my participation?
- Why does the bank ask for additional financial data or not approve my financing?
- What should I change in the financial organisation of my business?
- How can I prepare so as not to miss the next funding opportunity too?
If you recognise your business in any of these cases, you may need something more than a consultant who will search for the next subsidy programme.
You need an organised financial plan that will help you understand where your business stands today, which weaknesses limit its potential and what can be improved.
At EPITEFXI – CHRONAKIS DIMITRIOS we can take on the accounting, tax and financial support of your business, aiming at sound organisation, reliable financial information and its systematic preparation for future funding.
We do not simply wait for the next programme to be announced. We help you prepare your business from today.
1. Did you lose a subsidy because your business did not meet the financial criteria?
You may have found a programme that funded exactly the investment you wanted to make.
But when your business's financial data was examined, it turned out you did not meet some of the required criteria.
Perhaps you did not have the required turnover.
Perhaps your financial position was not sufficient to document the own contribution.
Perhaps there were losses, negative equity or other financial restrictions.
What matters is not only that a funding opportunity was lost. It is to know why it was lost and what you can do for the future.
We examine the financial data of previous years and compare it with the requirements of the programmes you are interested in.
We identify which criteria are not met, which can possibly improve through the normal and lawful financial development of the business, and which depend on other conditions.
So that you are not caught unprepared again when a new opportunity arises.
2. Your business has sales, but its financial results do not show the picture you expected?
You may work every day, have customers and significant turnover, but not know why the financial results are not satisfactory.
Do operating costs absorb a large part of revenue?
Are profit margins low?
Is the business showing losses or limited liquidity?
Financial data is not only numbers that appear in tax returns and the balance sheet. It captures important aspects of your business's financial condition.
We analyse revenue, expenses, operating costs, gross and net results, obligations and cash flows.
We identify the causes that affect financial performance and assess opportunities for improvement.
Because better financial preparation starts with understanding the real financial condition of your business.
3. Your accounting books are kept, but is their data used to grow the business?
Perhaps today your accounting follow-up is limited to recording documents, filing returns and meeting tax obligations.
But do you know what this data shows about profitability, liquidity and future funding capacity?
Proper bookkeeping is essential. Using the financial data for business planning is the next step.
At EPITEFXI we can take on the complete accounting and tax support of your business.
We organise the monitoring of financial data, the correct accounting recording of transactions, the reconciliation of key accounts and the timely fulfilment of obligations.
At the same time, as part of the agreed financial advice, we use the data to follow the business's financial progress and assess its funding readiness.
We do not want your books kept only for the Tax Office. We want them to be a reliable source of financial information for you too.
4. You do not know which financial data you need to improve to apply for funding?
Each funding programme and each bank product may examine different criteria.
One programme may give particular weight to turnover, another to the financial position and another to the ability to cover the private contribution.
A bank may additionally assess repayment capacity, cash flows, existing obligations and other credit-rating factors.
You do not need to try to improve all the numbers without a specific purpose. You need to know which indicators matter for your own goals.
We examine, for example:
- Turnover and its development.
- The gross and net result.
- Equity and the financial structure.
- Liquidity and cash flows.
- Receivables and payables.
- Existing borrowing and the ability to service it.
- The financial capacity to cover the investment.
- The completeness and reliability of the financial data.
Based on the real situation of the business and your goals, we propose a specific framework for financial organisation and monitoring.
So that you know what needs to improve, why, and within what realistic timeframe.
5. You want to improve your business's financial position but have no specific plan?
Perhaps you know you need to increase profitability or reduce your obligations.
But how will you achieve it?
Which costs can be cut?
Is a change in pricing policy needed?
Can the management of stock or customer receivables be improved?
Improving financial results does not come from an accounting entry. It comes from real business decisions and actions.
Where required, we prepare a business plan with specific financial targets.
We analyse the possibilities for improving operations, prepare budgets and examine alternative scenarios.
Then, if the collaboration includes ongoing financial monitoring, we compare actual results with the targets and propose adjustments.
We do not simply plan how the financial statements will look better. We examine how the business itself can run better.
6. You need own contribution or bank borrowing, but do not know whether you can secure them?
You may be eligible for a programme but need to cover a significant part of the investment with equity or borrowing.
Perhaps the bank asks for financial data, a business plan or cash-flow forecasts.
Being able to join a programme does not necessarily mean you can also fund its implementation.
We examine the total investment cost, the private contribution needs, the expected receipts and payments and the ability to service additional borrowing.
Where required, we prepare financial forecasts, business plans and financial data that can support the assessment of a funding request.
So that you know in good time whether the investment can be carried out and with what financing structure.
7. Do you want to prepare for the next ESPA or LEADER before it is even published?
Is there no suitable programme today for your investment?
Have you heard that a new call is expected but do not know what actions you can take from now?
Waiting does not have to mean doing nothing.
We can examine your investment plan, the basic financial needs and the available data of your business.
We organise the financial preparation, assess possible outstanding issues and examine the actions that can be taken without creating eligibility problems.
We follow available calls and pre-announcements, so that we can assess in good time the funding opportunities related to your business.
Because when a suitable call is announced, it is better to have already organised what could be prepared in advance.
8. Do you want someone to follow the financial course of your business systematically?
You may have set a goal for next year: to increase sales, improve profits or strengthen liquidity.
But how will you know whether you are getting closer?
Financial preparation is not a task completed in a single meeting. It may require systematic monitoring and adjustment.
As part of an ongoing advisory collaboration, we can organise a periodic assessment of your business's financial course.
We follow the agreed financial indicators, compare results with targets and identify deviations.
We examine whether the changes being applied are paying off and whether the business plan needs revising.
The aim is for you to know where your business stands, what has improved and which issues still need to be addressed.
What does EPITEFXI undertake for your financial preparation?
Depending on your business's needs and the scope of our collaboration, we can provide:
Financial diagnosis and assessment
Analysis of financial statements, results, liquidity, obligations and financial indicators.
Accounting and tax support
Bookkeeping, transaction monitoring, tax obligations and reliable financial information.
Business and financial planning
Business plans, budgets, forecasts, viability studies and the setting of financial targets.
Ongoing monitoring of financial results
Periodic assessment of indicators, comparison of targets with actual results and proposals for improvement.
Preparation of funding files
Organisation of financial data, assessment of conditions and preparation for grant programmes or bank financing.
Support in seeking funding opportunities
Examination of suitable programmes and financial instruments, according to your business's needs and goals.
How do we start together?
You do not need to know why your business is not eligible. It is enough to tell us what you want to fund.
1. You describe your goal.
You explain which investment you want to make, which programme interests you or what difficulty you met in a previous application.
2. We examine the financial situation of your business.
We analyse the available data and identify the factors that affect your funding capacity.
3. We plan the necessary actions.
We present the available options and propose a realistic framework of financial organisation, with specific targets.
4. We take on the support you need.
If we agree to work together, we can take on the accounting, tax and financial monitoring of your business, according to your needs and the agreed scope.
5. We assess progress and new opportunities.
We follow the financial course and examine whether the conditions have been created for applying for suitable funding.
Why start your financial preparation with EPITEFXI?
Because we know that funding does not start with the application. It starts with the financial condition of your business.
At EPITEFXI – CHRONAKIS DIMITRIOS we combine accounting and tax support with financial analysis, business planning and funding consulting.
This way we can examine your business not only as a candidate beneficiary of a programme, but as an economic activity that needs sound organisation, monitoring and growth.
We do not promise to change the financial results of the past.
We do not promise that every business can join any programme.
We do not propose accounting or tax practices that do not correspond to real economic activity.
What we aim for is to help you improve the real financial operation of your business, organise its data properly and prepare more consistently for future funding opportunities.
Because a financially better organised business not only has more opportunities to consider funding. It also has a better basis for growth.
Do not miss the next funding opportunity because you did not prepare in time.
Today your business may not meet the financial conditions of a programme.
It may need better organisation, higher profitability, stronger liquidity or more complete financial documentation.
The first step is not to wait for the next programme. It is to find out what needs to improve.
At EPITEFXI we will examine with you your business's financial situation, the options and the conditions for your next business step.
The funding you want tomorrow may need preparation starting today.
