Many parents have been thrown in at the deep end with the schools being closed, home-schooling has certainly been interesting in my house! As an accountant, a subject close to my heart is obviously money, and one of the best things you can do for your child’s education is to teach them about money! You […]
Did your business already have a pre-written recovery plan before COVID-19? You may think that only large corporations need a recovery plan but what has been highlighted over the last few months is how important they are for every business large or small! Cloud technology has allowed businesses some continuity and we have seen innovative […]
‘Get Brexit Done’ the slogan that won Boris his decisive election victory last year seems to a bit redundant now given the current situation with the coronavirus. The original plan was to negotiate a Free Trade Agreement by the 31st December 2020, this deadline seems unlikely now as the two sides seem to have major […]
Whatever business you run in the end it all comes down to the numbers! Revenue, expenses, overheads, inventory, sales figures, profit – all of these numbers are important. These are the day-to-day numbers you need to know but if your business is in a transition point looking to grow or access funding, numbers become even […]
During the COVID-19 crisis I have been following various groups, boards and online discussions from business owners about claiming government support during COVID-19, what is glaringly obvious is many don’t understand the basic business structure or their responsibility as a business owner. My observations include limited company directors confused with being a sole trader, the […]
It’s vital over the next couple of months that businesses preserve cash so they can meet their fixed costs and other essential outgoings. These are some practical steps you can take to help you through: Delay tax payments – Call the HMRC helpline to discuss delaying tax payments to help with cash flow. 0800 0159559 […]
The use of technology has really come into its own over the last few weeks, companies that were already using cloud technology have been able to carry on working and, in some instances, have seen productivity rise. Technology is essential to ensure your people stay connected in situations such as this – not only with […]
It’s taken a global pandemic to postpone the implementation of IR35 to 2021, but the government has stressed it’s still very much committed: “The government’s decision to delay the roll-out of IR35 to the private sector will be welcome news to large corporates as this temporary measure is sure to ease the administrative and financial […]
There is no denying that the use of technology and home working is the key to survival for many small businesses over the next few months. In the year 2020, there are very few reasons why any business large or small should be running their accounting software on a desktop or server-based software, companies that […]
The recent Covid-19 outbreak is, of course, the topic on everyone’s minds, but it does force you to look at your business in a different light. Businesses need to be agile in a crisis, these are some of the steps we have taken: 1. Customer service is still number 1 Instead of in-person meetings, we […]
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