Handshake

There are many different vehicles you can use to set up your business. You might start out as a simple sole trader, paying income tax and remaining unregistered. However, as you begin to expand you might look for a more structured framework. The LLP (Limited Liability Partnership) is a flexible business vehicle that has been…

Interview

Your workforce will be key to the growth of your businesses – and even if the workforce you need to employ is only three people deep, the hiring process still requires some careful management. Who should you hire? The stage your business is at will determine to a certain extent the kind of staff you’re…

Self employed businessperson

The self-employed lifestyle is often perceived as the Holy Grail of careers – No office politics, dress code or having to spend time commuting 5 days a week. Every day is a day off when you’re self employed, right? As any self-employed person will tell you, the reality of being your own boss is very…

Accountant

If your business is at a stage where you’re looking to expand, then you’re most likely trying to be as lean as possible when it comes to expenses. However, while you can reduce overheads, make more efficient marketing choices or opt for automation as an alternative to some tasks, when it comes to professional finance…

Coins in a jar

Growth is key to businesses at every stage. For start-ups and SMEs it’s especially crucial.  The strategy that’s effective for one business may have no real impact for another so it’s important to generate growth that works for, and with, your business. Here are 4 potential ways to achieve it. 1. Use your customers We…

Accountant Working In Office

A good accountancy firm is worth its weight in gold. From supporting positive cash flow, to helping ensure deadlines are met and filings are made, working with an effective accountancy team is crucial for any business. For small businesses, new enterprises and those where resources are lean, it’s even more important. So, what should you…

Cashflow

‘Cash flow problems’ is a phrase that most small business owners dread having either to hear or to use. There are many different types of cash flow problems that could arise but they primarily come down to one thing: not having enough money available to use when the business requires it. Your cash flow issues…

Reports

When we think about the important attributes for a new business, factors such as profile, investability, business model and product all come to mind. However, one of the key elements for any new company that wants to be long-term successful is cash flow.

Financials

if there’s one thing that every entrepreneur and small business needs to get right, it’s cash flow management. Effective cashflow management is what makes a business viable.

cashflow problems

Cash flow is the lifeblood of any business, fuelling growth and ensuring a company can meet its liabilities and avoid going under. Careful cash flow management is particularly important for start-ups where there is very little margin for error. Unfortunately, many start-ups have been killed off by poor cash flow, however…

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