How BDO helped to drive real results through information technology
How BDO helped to drive real results through information technology
How BDO helped to drive real results through information technology
About Bryant Dental
Bryant Dental are leaders in the optical technology sphere, providing innovative equipment for dental professionals. Founded 2016 by friends Priyam and Connor, they quickly emerged as a leading provider of high-end, lightweight headsets with integrated lighting for dentists, after recognising a gap in the market for better technology and tools in this industry. After seven years of trading, the company recently embarked on a journey of further innovation and expansion - all with the help of BDO's solutions.
The challenge for BDO
Because of Bryant’s ambitions to scale, they needed a variety of different information technology services that could help them to navigate the complexities of their ambitious growth, integrate their acquired businesses, and expand their international presence. In 2016, they sought the guidance of BDO, guided by Priyam's father's recommendation, based on an existing relationship with the firm. BDO and Bryant Dental quickly established a close and trusted partnership, which has since played a vital role in the company's trajectory and scaling.
BDO's commitment to Bryant Dental is demonstrated through the unwavering support they have shown since day one. With an open line of communication, Bryant Dental were often able to reach out to BDO for advice and guidance, whenever it was needed. The relationship has evolved from Bryant's early start-up phase to supporting the company's expansion into international markets – even including the opening of a workspace in Australia.
BDO’s specialist solutions
BDO has offered a range of services to meet Bryant Dental's specific needs, supporting their growth and success. Among the services provided, the following have been particularly significant:
Tax services
BDO's tax team has been instrumental in assisting Bryant Dental with Research and Development (R&D) tax credits. By leveraging their expertise, BDO helps maximise the benefits available to the company, enabling them to invest in further innovation and expansion.
Growth advisory
Recognising the importance of funding for expansion, BDO's growth advisory services have played a crucial role in Bryant’s growth. They have guided them in securing the necessary funding to support their growth initiatives, providing strategic advice, and assisting in navigating the complex landscape of financing.
Corporate tax support
BDO's corporate tax team ensures Bryant Dental remains compliant with tax regulations, providing guidance on tax planning and optimisation. This expertise ensures the company's financial resources are effectively managed while maintaining compliance with tax obligations.
Business services and outsourcing
BDO's business services and outsourcing offerings have completely streamlined Bryant Dental's operational efficiency. By leveraging BDO's expertise, the company can focus on its core competencies while BDO oversees critical back-office functions, allowing for enhanced productivity and scalability.
Business Lens
BDO's utilisation of the Business Lens diagnostic tool has provided valuable insights for Bryant Dental. Employed on two key occasions, this tool enables the company to capture and analyse data effectively, gaining a comprehensive view of their operations and facilitating more informed decision-making. Priyam actually cited the Business Lens solution as one of the most helpful aspects of Bryant’s partnership with BDO, as it allowed him and his staff to pin point key challenges, through the tool’s meticulous discovery process. He says:
“The [problems] which are most damaging are the ones you sometimes never see, but with BDO’s Business Lens tool, we were asked a very specific and comprehensive set of questions, allowing us to see the business from a whole different perspective and identify various areas where significant improvements could be made. In turn, this allowed us to carefully refine our service offering to match the challenges our customers were facing.”
An empowering alliance
BDO's partnership with Bryant Dental has been pivotal in driving the company's growth and expansion. Through a close and trusted relationship, BDO has provided valuable services, including tax guidance, growth advisory support, corporate tax expertise, business services and outsourcing, and data-driven insights. This collaboration has empowered Bryant Dental to establish an international presence, expand its operations, and maintain a strong trajectory of success. By leveraging BDO's expertise, Bryant Dental continues to thrive in the competitive dental industry, solidifying its position as a leader in high-end dental headsets.
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