Choosing An Accountant For Your Business

The Right Accountant If you’re looking to hire an accountant or accountancy company to handle and manage your business’s accounting, then it’s important to make sure you’re choosing one that suits you and your business. Most businesses find choosing accounting firms a difficult decision, by following a few simple steps, it can make it easy to find the right accountant … Read More

Why should your small business have a cashflow forecast?

Understanding a cashflow forecast A cashflow forecast helps you to understand your business position at anytime in the year. It shows you how much money you are expected to receive and pay out of your business, over a certain period of time. Why should your small business have a cashflow forecast? Cashflow is an ongoing process, where you need to … Read More

CJRS Extension

The Coronavirus Job Retention Scheme (CJRS) was due to end on 31 October. However, has now been extended until 31 March 2020. The government will now pay 80% of wages for the hours furloughed employees do not work, up to a cap of £2,500 for periods from 1 November until January 2021. Employers will still need to pay all employer … Read More

Covid-19: Latest News

As we draw close to the start of the second lockdown, we would just like to say that we are still very much available to help and support you as much as we can. Following the Prime Minister’s announcement on Saturday 31 October, we will be circulating as much information as possible, as we become aware of the help and … Read More

Guaranteed Business Success

Succeeding in business is hard.  No one can guarantee success, but there are some surprisingly achievable characteristics of financially successful businesses.  Sadly, less than 20% of businesses reach their 5th birthday.  The main reason for not doing so is that they run out of cash.  Even companies with growing sales fail.  Running out of cash can happen to businesses with poorly performing sales as … Read More

Coronavirus Job Retention Scheme – October

From 1 October, the government will only pay 60% of wages for the hours the employee is on furlough (up to a cap of £1,875). Employers will continue to pay Employers NI and pension contributions and also pay the top up of 20% to ensure they receive 80% of their wages for time they are furloughed (up to a cap … Read More

Flourish or fail?

For most businesses, this year has been a write off, and we now only have 90 days left of 2020. You may have an overwhelming feeling of uncertainty, worry and the fear of failure as we draw closer to the new year, however, these last 90 days are the most crucial days of the year when it comes to running … Read More

Winter Economy Plan

Chancellors recent announcement This afternoon the Chancellor outlined his Winter Economy Plan, where a series of measures to help jobs and businesses were announced. Below you will find an overview of what you need to be aware of going forward. Support for Employees A new Job Support scheme will be introduced on 1st November – This scheme will last for … Read More

Are you where you want to be?

In today’s world, we are continuously working towards tackling obstacles and learning new skills. And, at times it can be very overwhelming, especially in recent circumstances where there has been a lot of uncertainty and presumably, a lack of sales. With that being said, now is a perfect opportunity to look at where you are and determine whether you are … Read More

Are you using cloud based accounting?

What is cloud based accounting? Cloud accounting keeps your business books online – with the inclusion of records from your income and expenses, and assets and liabilities. Cloud accounting means you can access your accounts from any web browser, or from and app on your phones. You can connect the software to your business bank account so that banking transactions … Read More