Surplus cash is the excess a company has which is not required for day-to-day operations or for future expenditure. If a company is profitable, over time it may find that surplus cash reserves have built up. Assessing how much surplus cash the business has will often...
An owner may decide to dispose of a business for a number of reasons. This may include for retirement, family reasons or due to trading or cashflow issues. The timing of the exit will be important. In addition the taxation consequences will need to be considered to...
It’s been almost a year since the first lockdown and arguably, we are all getting used to staying at home, remote working and the restrictions being placed on all aspects of our lives. But that doesn’t make it easier, if anything, we are weary as the pandemic and its...
I thought I would revisit one of the tests I do when I review a client’s accounts. I try to look at the threats to a business. What could occur which might imperil the wellbeing of the business? One such danger might be the over-dependence of one customer. I would...
