Cashflow freedom - The 7 causes of poor cashflow
May 20, 2024
Cash is the lifeblood of any business
Even profitable businesses can and do fail because of poor cashflow. What’s important is that you understand your key cashflow drivers. Improving cashflow is often all about changing your processes. Processes such as how you order stock and pay for it, how you bill fo...
Our Cashflow & Profit Improvement Meeting
May 9, 2024
Keen to increase your profit and cash in the bank?
Our 90-minute Cashflow & Profit Improvement Meeting identifies 1-2 strategies you can implement which will have a noticeable impact on your business. Small changes can have huge results!...
Tax planning helps your money go further
March 28, 2024
Do more with your money
Tax planning is a strategic approach to managing your business’ financial affairs, with the aim of legally minimising your tax liability. In other words, you plan ahead to make sure you pay the taxes you should be paying, but not a penny more. Working with your tax ad...
Company year-end preparations: time to get ready
March 18, 2024
Be organised and ready
As your company year-end date gets closer, there are a number of admin and financial jobs to complete – so it’s a good idea to get yourself organised and ready. There are several things to check, either on the year-end date, or before the end of your companyâ€...
Think Business Coach
August 21, 2023
It's tough at the top (and that's why you need a business coach)
Being a business owner can be immensely rewarding. But it's also a highly pressurised and stressful position to choose. The business journey can be full of pitfalls and challenges that make it more difficult to meet your goals and turn your business into a success. The ...
Changing Car Think Tax
August 14, 2023
Know the tax impact of using a company car
Having the use of a company car is a great perk. But are you aware of the tax impact of a company car and how having this vehicle may affect your company benefits? Two of the key tax considerations related to company cars are the benefits in kind (BIK) tax charges incur...
Spreading your tax costs with Time To Pay
August 9, 2023
Why use Time to Pay?
HM Revenue & Customs (HMRC) expects you to pay your taxes on time, and charges penalties and interest on late payments. But if you’re finding it difficult to pay in full, HMRC can be approached to allow a Time to Pay arrangement, in most cases this will stop the ...
Requesting payment
July 17, 2023
Requesting payment of overdue accounts in an economic slowdown
Cash has always been king but it’s even more important during these times of economic slowdown. The slower the economy, the less cash is available in businesses, and the more likely it will be for some customers to be unable to pay. To protect your business and minimi...
Sales levels are too low
July 11, 2023
The seventh cause of poor cashflow - Sales levels are too low
It might sound obvious, but it isn’t to many businesses. If current sales levels don’t support the overheads and other cash demands on the business, then your overdraft will keep increasing. This means that your business in its current state is not viable (unless yo...
Your Cash Lockup
July 4, 2023
Your cash lockup - the first cause of poor cashflow
There’s a massive difference between profit and cashflow. Profit increases when you create an invoice for work you’ve done or goods you’ve sold; cash increases when you bank the money. Your lockup equals the cash that isn’t in your bank account because it’s ei...
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