Blog

4 Common Cash Flow Mistakes that Small Business Owners Make

We’ve put together a list of the most common cash flow mistakes business owners make so that you can avoid these traps and keep your company in good financial stead... Read more

4 Ways to Grow Your Small Business Revenue

Growing your small business can be challenging and there’s a lot to think about. However, you didn’t go into business by yourself to take the easy route and there are plenty of things you can do to grow your revenue. Let’s take a look at four of the most effective ways to dramatically increase your turnover... Read more

Now, Where, How

Let us tell you about the Now, Where, How mindset that help will help you recognise where you are now, then clarify where you want to be in the future, and determine how your going to get there!... Read more

How do share buybacks work?

When you head up a limited company, there will come a time where one of your current shareholders wants to retire from the company. A share buyback is one way to deal with this. Let us help you understand this better!... Read more

Should I Employ Family Members in my Business?

If you run your own business, it’s tempting to bring in your own family into the company. But it’s important to think through both the positive and negative implications of employing your family. Let us Break it down for you!...Read more

P is for Purpose, not Profit

A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position... Read more

The Four Cash Flow Forecasting Blunders That Lead to an Inaccurate Financial Picture

Your purpose is three to seven words explaining why your business exists for your customers; it should be about them, not you. It is a small statement with immense power - your reason for being. Let us show you how you can think smarter!... Read more

7 Strategies to Manage Cash Flow in Your Small Business

As a small business owner, cash flow may well feel like the bane of your life but we have seven strategies to make this process easier and ensure that your company stays on track for financial success. Let’s take a look... Read more

Join us at our "The 3 Essential Tools for Business Success" webinar

Being a business owner is not just a walk in the park. If you want to learn how you can improve your cashflow, lessen stress, and be able to make time to do things that you love join us at our webinar which is being run on Friday, 23 July at 10:30am... Read more

image about The Man on the Moon Principle

The Man on the Moon Principle

In 1961, landing on the moon seemed impossible. The Man on the Moon Principle breaks massive goals into milestones or smaller goals to aim towards on the way to achieving an ultimate goal. Need help achieving yours?...Read more

Getting Back to Business

Success in 2021 will look different to previous years. Have you defined what success looks like for you in 2021? Are you focusing on what you can control? We can help you with your plan and hold you accountable to achieving it...Read more

It's Time to Start Paying Back The Bounce Back Loans

The time has come to start paying back the capital and the interest on the loans that you took out in the early days of Covid. So, what can you do if you are unable to pay back the loan? Let us explain the options available to you...Read more

The Golden Circle

Successful businesses focus on their why rather than what they do. The Golden Circle, developed by #SimonSinek shows that articulating your why attracts the right fit team and customers. What’s your why?...Read more

Do You Feel Like a Slave to Your Business?

Feeling like a slave to your business? It’s your business, you make the rules. No more excuses! What do you need to do to regain control? We can help with tailored accountability coaching!... Read more

10 Ways to Lift Your Margin

There’s always room for improvement at the margin; small tweaks can massively boost your bottom line! How much extra would a 1% increase in gross margin give you?... Read more

The Value of Cashflow Forecasting During A Crisis

A business cash flow forecast will give you vital business intelligence to help you scenario-plan, search for cost-savings and look for strategies that will preserve your cashflow position... Read more

The Five A’s of Change - achieving continuous improvement

Covid has been a powerful catalyst for change. Going forward, how can we consciously use the process of change to continuously improve our business? Use the 5 A’s of Change: Awareness, Acceptance, Action, Accountability & Acknowledgement... Read more

Are Loans To Directors and Employees Tax Free?  

Do you know the rules around director’s loans? If you withdraw money from your company other than for salaries or declared dividends, you should come and talk to us... Read more

Can I Claim a Research and Development Allowance?

Is your business carrying out R&D work? If so, you may be eligible for a research and development tax relief. We’ll let you know if your R&D work is eligible and can also help you prepare a claim... Read more

Top Tips For Successfully Securing Funding For Your Business

Applying for funding is tough. Ensure you have all the data to prove the viability of your business, in order to secure the support. We have the experience and tools to help with your funding drive... Read more

Impact of the New IR35 off-Payroll Working Rules on Contractors

(published 19.03.2021)

The IR35 off-payroll working rules are changing. If you’re a contractor, come and talk to us about the impact on your work status, income and tax liabilities... Read more

Is Your Business Ready for Hybrid Working?

(published 12.03.2021)

Want to embrace the future of work? Talk to us about reviewing your business model, software systems, and people strategy to help you get ready for hybrid working... Read more

Your Budget 2021 summary

(published 08.3.2021)

Chancellor Rishi Sunak unveiled the contents of his Budget in the House of Commons last week. Declaring that he will do “whatever it takes” to help business and people through the “moment of crisis” caused by the coronavirus pandemic, Sunak laid out a three-point economic plan to fix the public finances and build the future economy... Read more

Getting your Personal Tax in order before the year-end

(published 5.3.2021)

With the tax year-end coming to a close, now is the time to assess your personal tax plan. We’ll help you review your wealth planning and minimise your tax liabilities... Read more

VAT Deferral Scheme UPDATE

(published 26.02.2021)

Did you defer your VAT bill? The good news is that there’s a new HMRC payment scheme for paying your deferred VAT. Talk to your accountants or us to find out more... Read more

Can I Apply for a Bounce Back Loan (BBL)?

(published 12.02.2021)

It’s been a tough time, both financially and operationally, for the UK’s small businesses. So, getting an injection of additional funding into your business may be something that would greatly improve your cashflow, working capital and ability to ride out the Covid crisis... Read more

Pricing Strategies and How to Set the Best Price

(published 05.2.2021)

Are you hitting the right price point? We’ll analyse your current pricing strategy, review your prices and suggest the best way to improve your margins and profitability.... Read more

Staying Afloat And Thriving Through A Downturn 

(published 29.1.2021)

Coping with a sudden downturn is no walk in the park. If you’re looking to improve your business planning or improve your financial model, do come and talk to us... Read more

Leveraging Your Technology

(published 22.01.2021)

Using technology to streamline your processes and systems increases efficiency, saving time and money, and reducing stress. Need help to identify how you can use technology to make your business more sustainable, scalable, and saleable?... Read more

Leadership Lessons: JUST FOR ME

(published 06.01.2021)

There are thousands of books written about leadership. We’ve distilled some lessons from some of them into the acronym JUST FOR ME - nine things within your control to help you become a more effective leader... Read more

How Will The Extended Furlough Scheme Work?

(published 04.12.2020)

If you currently have furloughed staff and were relying on the Coronavirus Job Retention Scheme (CJRS) to cover your payroll costs, then the cancellation of the scheme and the introduction of a brand new Job Support Scheme will have raised a few eyebrows.... Read more

How To Survive Another Lockdown

(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

Are We A Cost Or An Investment?

(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

Spreading Christmas Cheer during Covid. It can be tax-free if you do it properly

(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

What Do You Want From Your Business?

(published 28.10.2020)

When you started your business, you probably dreamed about flexible hours and highly profitable, stimulating work... Read more

Demystifying Your Balance Sheet

(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

Don't Neglect Your Balance Sheet

(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

Your Critical Numbers

(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

How To Use Forecasts And Scenario-Planning

(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

Understanding Your Revenue Drivers

(published 14.8.2020)

What actually drives the revenue levels? And how do you get in control of these drivers?... Read more

Reducing Lock-Up Days To Free Up Cash

(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

Increasing Stock Turn In A Slow-moving Economy

(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

6 Reasons To Look At Your Financial Reports

(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

Cash Is Not Profit And Vice Versa

(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

The Fundamentals Of A Business Budget

(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

Understanding Your Working Capital To Maintain Business

(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

Create A-One Page Business Plan

(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

Reinventing Your Product And Service Offering Post-Covid

(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

Facing Challenges? Change Your Mindset

(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

Reduce Your Debtor Days And Improve Your Cashflow

(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

How To Make Your Retail Business Recession-Proof

(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

Lessons Learned In Lockdown - For Your Business And Life

(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

8 C'S To Help Your Business During Covid-19

(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

Dealing With Uncertainty - Tips For Business Owners

(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

How To Create A Cash Flow Forecast For Your Business

(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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