Financial Management

changing tax year to 2023

Get Prepared For The 2023/24 Tax Period

by DaniH • 11 January 2023
Get prepared for the 2023/24 tax period 2022 was a highly confusing year for finance professionals (and, of course, the companies that rely on them for guidance and support). With a government in chaos and a series of unprecedented U-turns to deal with, it was difficult to keep track of new legislation – particularly in [...]

How An Outsourced Finance Director Fits Into Your Organisation: Part Two

by DaniH • 12 December 2022
How an outsourced finance director fits into your organisation: part two Last month, we touched upon the benefits of bringing a part-time finance director (FD) into your business if you don’t have a finance team and are struggling to take care of all the financial tasks yourself. But what if you already have a finance [...]

businessman-and-fd-at-laptop

How An Outsourced Finance Director Fits Into Your Organisation: Part One

by DaniH • 18 November 2022
How an outsourced finance director fits into your organisation: part one Despite the growing trend for outsourcing financial leadership to third parties, many business owners don’t yet understand the benefits of contracting a part-time FD to take care of their financial strategy – nor do they know precisely what kind of role this individual can [...]

money stack with plant growing. finance and accounting concept

What Grants Are Currently Available to Small Businesses?

by DaniH • 12 October 2022
What grants are currently available to small businesses? For start-up businesses, it can be a huge challenge to gather the funds needed to innovate and grow during your early years, especially during difficult financial times. Small businesses often have small budgets to match, so when it comes to investing in everything from sales and marketing [...]

light bulb and chart depicting rising business energy costs

How to Offset Rising Energy Costs in Your Business

by DaniH • 16 September 2022
How to offset rising energy costs in your business The rising price of fuel is the topic of the moment. Although, at the time of writing, the government has announced that it will be bringing in further support for households and businesses in order to help keep costs down, the unprecedented cost of gas and [...]

man at desk organising paperwork

Clean Up Your Business Finances This Summer

by DaniH • 10 August 2022
Clean up your business finances this summer For many businesses – particularly those in the service industries – things can go a little quiet during the summer. While the children are off school and many staff are choosing to take their annual leave, the warmer months are ideal for taking stock of your company’s fiscal [...]

woman working out business costs on large calculator with laptop

How To Combat Rising Costs Within Your Business

by DaniH • 12 May 2022
How to combat rising costs within your business Inflation is rising, costs are going up, and businesses are feeling the pinch. The Consumer Prices Index (CPI) rose by 6.2% in the 12 months to February 2022, meaning a steep and significant increase for firms. It’s a tough place to be when you know you need [...]

handshake representing company merger

Mergers vs Acquisitions: What’s the Best Option For Your Business?

by DaniH • 12 April 2022
Mergers vs acquisitions: What's the best option for your business? Mergers and acquisitions (M&A) increase during times of rapid economic growth. In 2021, the value of global M&A deals amounted to nearly six trillion U.S. dollars. They are powerful mechanisms that businesses implement to help increase customer reach, mitigate cost issues, and boost shareholder value. [...]

How to Manage Cashflow Through Periods of High Growth

by DaniH • 10 March 2022
How to manage cashflow through periods of high growth Your company is growing. Fast growth means higher sales volumes, greater awareness of your brand, and more cash in the bank, right? Well, not necessarily. Unfortunately, when your company experiences high growth, it can seriously affect its cash flow. Significant monetary risks can cause a desperate [...]

woman presenting at boardroom table

How To Hold Meaningful Board Meetings

by DaniH • 14 February 2022
How to hold meaningful board meetings It doesn’t matter if you manage a relatively young company, or you’ve been in business for decades – board meetings can prove to be extremely valuable in the strategic development of your organisation. Regular board discussions will do more for your directors than allow them to chew the fat [...]