A third of small and medium-sized companies in the UK have business debt that is more than three times their cash balances. According to the Bank of England, that has…
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A third of small and medium-sized companies in the UK have business debt that is more than three times their cash balances. According to the Bank of England, that has…
No matter what your business goal, cash reserves are an important part of your strategy. That’s because without having reserves, you can put your company’s future at risk. And that…
If your goal is to grow your business through new markets you could set up a subsidiary company. This will keep things separate from the company that already exits. There…
Taking a director’s loan from a business isn’t unusual. But if you do, you must repay it within a set time or face paying S455 (Section 455) tax. HMRC earlier…
If you are struggling to meet your business goals, then it could be that you need to work on your sales pipeline. Your sales pipeline can help improve your finances…
Company directors and people with significant control (PSCs) must be aware of the rollout of mandatory identity verification from November 2025. Companies House has confirmed that from 18 November, it…
Late payments are nothing new for small businesses, sadly. And the latest research shows that the UK’s SMEs are owed on average £42,000 in overdue invoices. The CEBR findings –…
New figures show that the UK economy is heading towards a slowdown. If that’s the case, what should you do to prepare your business for a downturn? And just as…
Anyone running a micro or small limited company needs to be ready for company accounts changes from April 2027. While the changes aren’t immediate, not being prepared could create issues…