(published 12.11.2020)
No-one wanted another England-wide lockdown, especially as many UK businesses were barely back on their feet following the original March 2020 lockdown.... Read more
(published 20.11.2020)
As accountants, we're always helping our clients find ways to reduce their overhead costs - one of the seven ways to grow your business. Did you know that your accounting fees are an overhead cost? Should you be cutting this cost? Or do you view us as an investment?... Read more
(published 4.11.2020)
So what are we doing for Christmas this year? When is the staff Christmas party? These are the kind of questions that are bound to crop up this year in businesses of all sizes... Read more
(published 28.10.2020)
When you started your business, you probably dreamed about flexible hours and highly profitable, stimulating work... Read more
(published 21.10.2020)
Do you understand the story your Balance Sheet tells about your business? It’s important you understand the components of your Balance Sheet and the key ratios that measure the health of your business... Read more
(published 13.10.2020)
Your business may be profitable but is it solvent? Your Balance Sheet is a key indicator of solvency, neglect it at your peril! Profitable businesses can & do go broke... Read more
(published 28.9.2020)
The Covid-19 crisis has created a “new normal” for businesses. Traditional ways of working are being challenged and we now need to innovate, adapt, re-engineer, and reinvent the way we work... Read more
(published 19.8.2020)
With the right data analysis and forecasting tools, you can project sales, cash, revenue, and profits into the future – and get in control of your business... Read more
(published 14.8.2020)
What actually drives the revenue levels? And how do you get in control of these drivers?... Read more
(published 11.8.2020)
It’s vital for businesses to free up as much cash as possible, particularly in these tough economic times. Your ‘lock-up days’ is the number of days it takes to convert your debtors, stock, and work in progress into cash... Read more
(published 7.8.2020)
If you sell stock or inventory, it’s essential you understand stock turn and how to increase it. Obsolete, or ‘dead’ stock will harm your cash flow and your ability to increase profit, particularly in a slower-moving economy... Read more
(published 4.8.2020)
If you are not taking the time to look over your financial reports either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then here are 6 reasons we recommend that you should start to... Read more
(published 31.7.2020)
The purpose of a business is to make money, and that means you have to know the difference between profit and cashflow... Read more
(published 28.7.2020)
A business budget is one of the essential tools in managing your business finances and actively building your business... Read more
(published 24.7.2020)
If cash-flow is the lifeblood of your business, then working capital is the health check you should regularly undertake to keep your business alive... Read more
(published 21.7.2020)
To make a success of your business, you’re going to need a robust business plan - particularly as we face challenging times. With a one-page business plan behind you, the company has a real sense of strategic direction and a set of core goals to refer to and track against... Read more
(published 26.6.2020)
During times of crisis, we’re forced to reinvent the way we work and what we work on to remain sustainable. From technology adoption to product innovation and blowing up stale processes, a crisis forces us to start with a fresh page and plan for a better, more resilient business... Read more
(published 23.6.2020)
The challenges you face provide opportunities to learn and grow and might give you the ability to set your business apart... Read more
(published 19.6.2020)
Managing the gap between receiving money into your business and paying money out of your business is vital for sustaining viability... Read more
(published 5.6.2020)
The world is going through some crazy times. Whether you’re still selling online, doing click and collect, or not selling at all — there are steps you can take now to minimize the impact of a recession or protect your business from it... Read more
(published 2.6.2020)
Lockdown has been (and remains) a tough time for business. Having to shut your business at short notice, or switch to an entirely digital, remote-working model, was a stressful experience. But there are things we have taken out of lockdown... Read more
(published 4.6.2020)
Information overload is real. The ramifications of Covid-19 on businesses are being felt and speculated upon every minute of each day - probably leaving you feeling like a rabbit caught in the headlights... Read more
(published 26.5.2020)
We’re trading in challenging times at present. And knowing what step to take next is a key worry... Read more
(published 09.5.2020)
A cash flow forecast is an important tool for business planning. And right now, understanding the cash coming in and going out of your business is vital... Read more
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