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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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…
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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…
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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…
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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…
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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 –…
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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…
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Value Added Tax isn't something that sets the pulse racing but many businesses are losing out because they aren't claiming VAT back. Ensuring your business isn't missing out revenue will…
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If your goal is to expand your business through new products or services you may need financial help – and a way to do that is through Enterprise Investment Schemes (EIS).…
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Appointing a good accountant can help your business succeed. That might be obvious to some business owners. But other entrepreneurs appear to believe that accountants are simply about tax deadlines…
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