4 Steps to Increase your Profitability
Good cash flow is essential to the financial health of your business. In finance terms, cash is comparable to food – without it, your business will run into many health problems and eventually starve.
4 Common Cash Flow Mistakes that Small Business Owners Make
Good cash flow is essential to the financial health of your business. In finance terms, cash is comparable to food – without it, your business will run into many health problems and eventually starve.
What is a Benefit in Kind (BIK)
How to pay myself in 2023/14
Owner managed businesses can typically decide how to pay themselves and this can be either a salary, dividends or a mixture of both.
If you are a Director and Shareholder of a Limited company, you may be wondering what’s the most tax efficient way is to pay yourself in the tax year 2023/24.
How to pay myself in 2023/24
How to pay myself in 2023/14
Owner managed businesses can typically decide how to pay themselves and this can be either a salary, dividends or a mixture of both.
If you are a Director and Shareholder of a Limited company, you may be wondering what’s the most tax efficient way is to pay yourself in the tax year 2023/24.
UK Corporation Tax changes
If you’re serious about growing or simply improving your business, we’d love to hear from you:
How to grow your business
If you’re serious about growing or simply improving your business, we’d love to hear from you:
Customer Retention
Do you know how many customers you lost last year?
How does that figure compare to the previous 12 months?
More importantly, do you have a target for improvement for next year? What impact will this improvement have on your revenue, profit and cash flow?
Gaining new customers is a high priority issue and gets a lot of resource, lots of management focus and discussion time and is usually a key metric for every business.
Improving Gross Margins
Improving Gross Margins October 11, 2022 News Article Improving gross margins Your gross margin is the price of the item you are selling minus the cost of producing that item. This doesn’t include the cost of indirect expenses such as office expenses etc, only the cost of producing that item. So if you were an […]
Mini Budget Announcements
Mini Budget Announcements September 28, 2022 News Article Mini budget UPDATE After the Chancellor, Kwasi Kwarteng, delivered his mini budget on 23rd September it was clear there was a tremendous amount of dissatisfaction amongst the political parties. Just 10 days after it was announced, The Prime Minister and The Chancellor have now made a […]
Improving Cash Flow
Improving Cash Flow September 20, 2022 News Article Improving Cash Flow Cash is the oxygen to any business, when cash moves in and out at a healthy rate, your business is alive and kicking. When you have negative cash flow, you aren’t making enough money to cover the cost of your operations. Unless you can […]