Cash flow

As of today (5th of November 2020), the UK has entered a second national lockdown, meaning that all non-essential businesses will be shut for a month (until the 2nd of December). These restrictions include restaurants, pubs, gyms and......

Do you truly understand what your Balance Sheet tells about your business? Your Balance Sheet is one of the most important financial reports that measures the health of your company and helps you make some crucial business decisions.......

During such turbulent economic times, staying on top of your debt collection is more important than ever. To better understand their situation, most businesses use debtor days - a calculation that measures, on average, how long it takes......

For any business to be profitable, it has to generate revenue. Everyone understands that a business produces revenue through usual business activities, such as selling products or services, receiving payment from your customers and so......

As a business owner, understanding some aspects of accountancy and finance can be very helpful, however, in this post-lockdown world it is absolutely vital. It has never been more important to have a good grasp on your company’s......

If you’re one of the many UK taxpayers in regular employment you probably don’t need to worry about completing an annual Self-Assessment Tax Return.  Your income tax will be automatically deducted each pay day, together with National......

The Coronavirus pandemic has affected each one of us, in one way or another. The last couple of months have been especially tough on the small businesses across the UK, who are struggling to survive. Luckily, though, the UK Government......

Cash-flow forecasting is something that every business should have at all times and not just during a crisis. Though, a major crisis, such as a market disruption or a global health pandemic is when a cash-flow forecast is needed the......

A good business plan is vital for the success of every company - not just start-ups looking for financial help or investments. A business plan is essentially a road map for your business that helps you stay on track with your goals and......