Business consulting services
Our business consulting services can help you improve your operational performance and productivity, adding value throughout your growth life cycle.
Business process solutions
We can help you identify, understand and manage potential risks to safeguard your business and comply with regulatory requirements.
Business risk services
The relationship between a company and its auditor has changed. Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
As organisations become increasingly dependent on digital technology, the opportunities for cyber criminals continue to grow.
Forensic and investigation services
At Grant Thornton, we have a wealth of knowledge in forensic services and can support you with issues such as dispute resolution, fraud and insurance claims.
Mergers and acquisitions
Globalisation and company growth ambitions are driving an increase in M&A activity worldwide. We work with entrepreneurial businesses in the mid-market to help them assess the true commercial potential of their planned acquisition and understand how the purchase might serve their longer- term strategic goals.
Recovery and reorganisation
Workable solutions to maximise your value and deliver sustainable recovery
Transactional advisory services
We can support you throughout the transaction process – helping achieve the best possible outcome at the point of the transaction and in the longer term.
We provide a wide range of services to recovery and reorganisation professionals, companies and their stakeholders.
The International Financial Reporting Standards (IFRS) are a set of global accounting standards developed by the International Accounting Standards Board (IASB) for the preparation of public company financial statements. At Grant Thornton, our IFRS advisers can help you navigate the complexity of financial reporting from IFRS 1 to IFRS 17 and IAS 1 to IAS 41.
Audit quality monitoring
Having a robust process of quality control is one of the most effective ways to guarantee we deliver high-quality services to our clients.
Global audit technology
We apply our global audit methodology through an integrated set of software tools known as the Voyager suite.
Corporate and business tax
Our trusted teams can prepare corporate tax files and ruling requests, support you with deferrals, accounting procedures and legitimate tax benefits.
Direct international tax
Our teams have in-depth knowledge of the relationship between domestic and international tax laws.
Global mobility services
Through our global organisation of member firms, we support both companies and individuals, providing insightful solutions to minimise the tax burden for both parties.
Indirect international tax
Using our finely tuned local knowledge, teams from our global organisation of member firms help you understand and comply with often complex and time-consuming regulations.
Innovation and investment incentives
Dynamic businesses must continually innovate to maintain competitiveness, evolve and grow. Valuable tax reliefs are available to support innovative activities, irrespective of your tax profile.
Private client services
Our solutions include dealing with emigration and tax mitigation on the income and capital growth of overseas assets.
The laws surrounding transfer pricing are becoming ever more complex, as tax affairs of multinational companies are facing scrutiny from media, regulators and the public
Tax policies are constantly evolving and there are a number of complex changes on the horizon that could significantly affect your business.
Ed Nusbaum on why governments should not ignore the 'middle child'
Imagine a sector that accounts for approximately USD11.5trn or 30% of the global economy. It is fast-growing, productive and innovative, directly supporting 169m jobs; nimble enough to respond quickly to changes in consumer tastes, but robust enough to export and invest heavily in R&D.
Surely this is a sector too important to be ignored?
Well, no, according to a report released last month by HSBC - Hidden Impact: The Vital Role Of Mid-Market Enterprises [PDF - 3.5MB] - which quantifies the impact of the MMEs segment on 15 of the largest economies in the world.
The report argues that despite their serious economic heft these businesses suffer from the 'middle child syndrome'. In other words, they cannot afford to pay for expensive lobbyists to push their interests in the corridors of power, but equally they miss out on many of the incentives and other support offered to start-ups and small businesses. The danger of course is that the sector is ignored, undervalued and taken for granted.
The HSBC report impressively demonstrates the economic importance of this segment. It finds, for example that MMEs support approximately close to two-fifths of GDP in Brazil, China, France, Turkey and the UK. Even in India and the US, which are at the lower end of the spectrum, MMEs support 31% of total output. Employment contributions are equally impressive, ranging from over 40% in China to 29% in the US and 22% in Hong Kong.
The findings echo those of , the Grant Thornton UK series on supporting the growth of mid-market businesses, which not only found that UK MMEs are spending more on R&D and capital than larger and smaller peers, but also that they are the most productive segment of the economy.
The conclusion that both reports make is that the mid-market is too important to be overlooked by policymakers. Businesses require support in specific areas such as international expansion and attracting the right workers, and governments could also look at the removal of perverse incentives (for example, tax breaks which end when a company reaches a certain size) that encourage businesses not to grow.
MMEs contribute in many high value-add sectors such as business services and others with strong supply chain effects such as manufacturing, while outstanding levels of productivity means any government looking to grow its economy (hopefully all of them) should be working to unlock the potential of this segment. Their impact on economic and employment prospects is simply too big to be ignored.
 Defined as businesses with USD50m - USD500m in annual revenues.