Needs in a changing world   The minimum accounting requirement for most small businesses is the ability to produce monthly or quarterly accounts, but as a company grows its requirements are likely to become increasingly complex. The needs of these…

What is it? Key man insurance is often seen as only being necessary for big companies and as a result only one in five SME’s take out this type of cover. A contingency plan is not enough to protect your…

The risks of serious business disruption are steadily increasing due to the greater complexity of modern business and the burgeoning range of potential threats. Nearly one in five businesses suffer from a major disruption ever year, 80% of whom end…

The long term solution to the government debt crisis comes from future economic growth. However, while growth is currently low, the government must cut spending to give confidence and reduce debt without compromising its future economic growth. Many business managers…

In the current economic climate, more owners start to consider selling their business. If you are, now is the time to put an exit plan in place to position your business for a future sale. Ideally, preparations should begin years…

Booking business travel plans can be time consuming and, therefore, be a cost to a business, if they are made inefficiently. Ad hoc arrangements and last minute bookings can reduce the benefit of journeys made. SME’s may not have the…

Despite the talk of  “green shoots” of recovery, many business owners are still having difficult conversations with their bank managers as they try to renew facilities. Even fundamentally sound companies can suffer from debilitating cash shortages which can eventually lead…

With the growing trend for companies to improve their Corporate Social Responsibility credentials, and pressure for everyone to reduce their carbon footprint, companies have started to look at how “green” their company vehicles really are. Here are six ways to…

Before you even think about placing your business for sale there are some things you should do first. The first thing is to gather information about the business, such as: Three years’ profit and loss statements HMRC tax returns for…

Here we take you through a series of steps to make sure you’ve thought about all the important areas of changing your financial software package. By taking this structured approach, you can be sure that you’ve considered all the options…