22 Aug 2019 | Firm News, Boardroom Support, Business Plans and Cashflows
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...
13 Mar 2019 | Publication, Business Plans & Cashflows Guide, Business Plans and Cashflows, Financial Mentoring, Financial Mentoring Guide
In business, your profits are your reward for your endeavours. In fact, profitability is the only reliable measurement of a business’ success. Profits are the very lifeblood of a business. They fuel growth, support the owners, provide for the well-being of the...
6 Mar 2019 | Publication, Business Plans & Cashflows Guide, Business Plans and Cashflows, Financial Mentoring, Financial Mentoring Guide
Any business, whether it is just starting out or is considering the next stage in its development, will need a business plan. A business plan serves several important purposes. Perhaps the most obvious is to help raise funding. A business plan is the document that...
27 Feb 2019 | Publication, Business Plans & Cashflows Guide, Business Plans and Cashflows
Whether you’re holidaying abroad or enjoying the sunshine at home, the summer is usually a chance to take a well-deserved break. But for small businesses, this time of year can also come with the stresses of slower business and potential cashflow problems....
26 Apr 2018 | Firm News, Business Plans and Cashflows, Financial Mentoring
It’s always a little disconcerting when you get your mark up and margins confused or the wrong way round, as this can have a catastrophic effect upon the business taking it from profit to loss, and the risk of stopping after running out of cash. Yet how are we...