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 … 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 … 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 … 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 … 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 … 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 … 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 … 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 … Read More
Why should your small business have management accounts?
Management accounts are a set financial statements, typically prepared on a monthly or quarterly basis. They provide key financial and statistical information that allow you to make timely decisions within … Read More
What can we take from lockdown?
The last few months have been a tough time for most of us. Having to shut down, or switch to an entirely digital, remote working model was a stressful experience … Read More