What is an owner managed business?
An owner managed business (OMB) is any enterprise – sole trader, partnership, or limited company – where owners take on the primary responsibility for the day-to-day management and decision-making. These businesses often reflect the values and vision of their owners, who are personally invested in all aspects, from strategy and finance to customer service and deliverability.
Key difficulties faced by owner managed businesses
Financial and resource constraints
These business owners typically have less access to resources than larger corporations, making effective cash flow, tax planning, and succession critical for long-term stability.
Time and workload pressure
Owners must juggle strategic leadership with operational duties. This workload can lead to burnout and make it harder to focus on the bigger picture.
Compliance, tax, and regulatory changes
Navigating complex tax laws, financial reporting, employment regulations, and industry standards requires expertise. Staying compliant is imperative, but time-consuming for business owners who also need to focus on running their day-to-day operations.
Succession and exit planning
Passing leadership or ownership to the next generation or selling a business is more complicated in owner managed businesses, especially where family relationships are involved.
Skills gaps across business functions
Owner managed businesses often need external support for specialist areas such as HR, regulatory compliance, and finance to fill knowledge gaps and operate efficiently.
Moore South solutions for owner managed businesses
Tailored tax, payroll & compliance services
We offer personalised tax planning, payroll solutions, VAT and ongoing compliance support to keep owner managed businesses both efficient and protected. Our experts stay ahead of all legislative changes so that our clients are always well prepared.
Strategic business planning
Our advisers help set achievable goals, monitor key performance indicators, and build strong financial foundations tailored to each owner managed business. Our specialist advice covers cash flow forecasting, profit improvement, and technology investment to increase resilience.
Succession and exit strategy support
Whether planning for retirement, sale, or transition to family, we provide guidance on succession, exit, inheritance tax, wealth management, and legal documentation, ensuring a smooth path for future growth.
Holistic business advice
From contract management to regulatory reporting, our multi-disciplinary team supports all aspects of business administration, freeing owner managers to focus on what matters the most: running and growing their company.
Dedicated to owner managed success
We understand the unique challenges and opportunities owner managed businesses face. As trusted advisers, we deliver pragmatic solutions with a personal touch, empowering business owners to reach their goals and establish a legacy. Contact us today to see how we can help you manage your business effectively.
Frequently asked questions about owner managed business outsourced services
Absolutely. Owner managed business services are flexible. Moore South lets business owners choose which functions to outsource. Whether that’s just bookkeeping and payroll, or advisory, budgeting, forecasting, and tax planning. You keep control and can build a tailored package that suits your needs.
With Moore South, owners always have full visibility. Regular management reports, real-time dashboards, and expert analysis mean you’ll understand your cashflow, profit, and compliance status at a glance. Outsourcing lets you delegate admin, not oversight, so that you can make decisions confidently.
Yes. Moore South uses secure, industry-standard cloud platforms and “OneClick” confidential messaging to protect sensitive data. Security and confidentiality are treated as top priorities, with strong processes for document handling and access.
Moore South’s advisers are chartered accountants with deep experience across payroll, VAT, business planning, tax compliance, and more. You’ll benefit from up-to-date, specialist knowledge that covers strategy, financial reporting, succession planning, sector-specific compliance, and operational improvements.
Not at all. The aim is to reduce admin burden while keeping you in the driving seat. You receive regular updates, management accounts, and access to cloud software, so you stay fully informed and in control of key decisions, while specialists handle time-consuming processes.
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