Business Advice

Why Every Small Business Should Have an FD

A Finance Director (FD) or a Chief Financial Officer (CFO), will play a central role in shaping, implementing and executing the company’s strategy, that’s why no large company wouldn’t be without one. In a FTSE 100 company they will be the MD/CEO’s right hand man, combining financial and accounting skills with commercial and business acumen.…

Read More

Is an FD Worth the Cost?

Where your business has been, where it’s going and the best direction to get there are all important parts of running a business. A bit like buying a second hand car, in a business we want reliability and safety, a clean history and it to be in good condition.   Extras are nice, but we…

Read More

Covid-19 / Coronavirus Support Update

The government has just announced a new micro business loan scheme. This has been described as a ‘bounce back loan’ and will help all those small businesses that were struggling to access the original Coronavirus Business Loan Scheme (CBILS). The scheme will open next Monday (4th May) and payments should be made within 24 hours…

Read More

10 Things to Consider when Starting a Business

However you’ve reached your decision to take the plunge and start your own business, you need to go in with your eyes open –  there are certain things you need to do to make sure you stand the best chance of success.   1 – What’s your big idea? Research – check out the competition…

Read More

Covid-19 / Coronavirus Briefing

Introduction COVID-19 (Coronavirus) represents a very real threat to a lot of small businesses. Whether this is through loss of earnings because you can’t work, or you have jobs cancelled on you, or because you have a lack of trade to your business. The Government has made it clear that your first response must be…

Read More

There’s Something About Start-ups

The FT reported in October 2017 that the number of UK start-ups had risen to a new record level. Forbes went on to say in a article in April 2018 that the number of UK tech start-ups increased 60% 2016 vs 2017. In hard figures, there were some 197,000 more businesses registered with Companies House…

Read More

MTD for VAT is coming!

What is “Making Tax Digital”? Making Tax Digital (MTD) is a government initiative to modernise HMRC’s tax system, with the aim of making the whole process of administering tax simpler and more efficient.   How does MTD for VAT work? Tax returns will have to be submitted digitally via MTD-compliant software and all business-related transactions…

Read More