If you are used to filing Companies House forms then you probably use the online tools that are available and it’s all very easy.
However, if you only file information infrequently it doesn’t look so straight forward and the penalties regime can now make it expensive to miss deadlines. Continue Reading
Getting paid on time – it’s one of the biggest drags on the business community and it particularly hits the smaller business hard.
But there are things you can do, it’s time to hit back.
Remember – your company is NOT a source of alternative finance for your customers!
There has never been more accounting software for small business users available than there is now.
It’s a buyer’s market.
Fuelled by a flight to the cloud, providers are fighting it out for SME accounting software spend and the alternatives available have never been better.
Leaving one key question to be answered – how do I choose?
Every business has at least one eye on how to improve profitability and it’s a subject we have returned to again and again on this blog.
So we brought together some of our best blogs on improving profitability and listed them here.
The first collection offer help on how to increase your profits and the next set help you measure your profit through accurate accounts.
Hopefully you will find them interesting, stimulating and helpful!
How to improve profitability
Most companies want to maximise their profits, but what an economist assumes is happening in theory needs to be made to happen in practice by……….you!
How to measure profitability
And how NOT to measure profitability
We look at lots of business accounts every year and we see some rubbish! Sad but true.
No business can run successfully without good numbers. And if that’s an area of your business that’s holding you back, it really isn’t too difficult to fix.
So fix it as soon as you can, perhaps by giving us a call on 020 7125 0270.
More top tips – if Improve Profitability was helpful visit our Cashflow and Credit Management top tips page
P.S. Why not subscribe to our email newsletters which will keep you up to date with financial management issues from time to time?
Cashflow and credit management are so important for businesses that it’s no wonder we’ve been blogging on these two subject for ages.
There are two types of business – those very few that don’t need to focus on cashflow………and the rest.
For the rest, I hope these blogs on how to build and use a cashflow model and how to get solid credit management practices in place will be practical and helpful. Continue Reading
You can’t easily reduce the uncertainties in your market, but a little financial planning will give your business a fighting chance of success and provide you with some alternative paths to tread on the way to making sustainable profits.
What you need is a simple budget and cashflow forecast for next year.
So where do you begin? Continue Reading
When you form a new company there are five pieces of financial administration to put behind you before you get out there and make money.
We’d recommend you use a company formation service (such as ours!) to set up your new company but once it’s formed there are five financial administration steps you need to get out of the way before you can settle down to the business of making profitable sales.
These steps may sound like a lot of work, perhaps because they all come at once, but they’re really very easy and the sooner they’re out of the way the better.