Accountants and Advisors for growing businesses

WHEN I WAS LOOKING TO SET UP TWO IP, PENTLANDS WERE THE OBVIOUS CHOICE

They understand how a patent and trade mark firm operates and the specific accounting requirements we have. It’s gives me confidence and peace of mind knowing that we are on the same page.

The relationship that we have with Pentlands is strong. I trust them implicitly. They’re good at their job and they’re nice people.

Dr Anna Molony, Managing Director, UK & European Patent Attorney, Two IP

SUCCESS STORY – Two IP

Two IP offer a full range of patent, trade mark and design drafting, filing and prosecution services alongside freedom-to-operate, enforcement and IP strategy advice.

Read how Anna Molony, Managing Director, values the relationship they have with Pentlands

Two IP Intellectual Property logo

Anna Molony

“When I was looking to set up Two IP, Pentlands were the obvious choice. They understand how a patent and trade mark firm operates and the specific accounting requirements we have. It’s gives me confidence and peace of mind knowing that we are on the same page.

Taz, Elinor and all of the Pentlands team are so much more than accountants. They provide strategy, advice and general discussions about the business if you need it. And that is an incredibly valuable add-on.

At Two IP we believe in thinking differently, so we designed a way for patent and trademark attorneys to work differently. We want to enable every patent or trade mark attorney to enjoy the benefits of working for themselves, within our ecosystem that gives them all the tools and support they need to do their best work. We free them from the stress, targets and management responsibilities that senior attorneys typically put up with in private practice – meaning they can have true work-life balance, and all the time they need to really get to know their clients. Which means happier attorneys doing better work, for happier clients who get better advice and service.

We recommend Pentlands to our consultant attorneys when they join us. Pentlands support them with their registrations for VAT and PAYE, incorporation of their company and then ongoing accountancy support. It makes the process a lot easier for the attorneys, and us, because Pentlands know how we operate. It’s a much smoother operation all round.

Every business is a relationship business. That’s why we’re called Two, to reflect the importance of the relationship between us and the attorney, and the attorney and their client. And Pentlands gets that. The relationship that we have with Pentlands is strong. I trust them implicitly. They’re good at their job and they’re nice people.”

Objectives

Working with an accountancy firm that understand how a patent and trade mark firm operates Streamline processes and project management to monitor and measure performance across the business

Preferred supplier recommendation for our attorneys accountancy needs

Challenges

Operating a business model that is different to the industry known associate model

Working with attorneys who may not be experienced in running or owning their own business

Results

A strong relationship with accountants we trust and highly recommend

Comprehensive support with business set up and registration, through to ongoing accounting needs for our new attorneys

CHANGING ACCOUNTANT CAN SEEM LIKE A DAUNTING TASK, BUT IT DOESN’T HAVE TO BE

Rest assured with Pentlands you are in safe hands. We will work with you to make the transition as smooth and pain free as possible. Following our simple three-step process, we take the hassle out of your hands and will do most of the work for you.

If you are thinking of switching accountant, let’s explore how we can support you to maximise your business growth potential. Take your first step and get in touch for an informal chat.