Financial Planning
Our Business Fundamentals series shows you all you need to know about running a business. Ideal for start-ups, or if you need a refresher.
Thinking of buying a business? Here are the Five Crucial Things to Consider Buying a company that’s already established can be a quick and easy way of getting in to business. However, there are important things to take into account when considering buying a business. This guide takes you through […]
Should I set up as a sole trader or limited company? We look at the key differences between running as a sole trader or limited company When you first set up in business you need to decide whether to be a Sole Trader (self employed) or to set up a […]
Are You Prepared for the New Tax Year 2020? With all the headlines being taken up by other matters, it’s easy to overlook that 6th April saw the start of a new tax year 2020/21, so we have set out below the main taxes and allowances for the year. Remember […]
We all know that a new business needs a business plan. But What should you include? In this issue of Business Fundamentals, we look at what should a business plan include. With the end of the year approaching, many people will be taking time out to look at their business […]
There is a familiar phrase in business circles which goes something on the line of ‘If it can be measured, it can be managed.’ A KPI is a Key Performance Indicator and it is essentially a measurement of an activity within the business. The objective behind the recording of KPIs […]
Getting the Balance Right: how to understand balance sheets Understanding balance sheets is key to assessing the health of your business. In the second of our series Business Fundamentals, Mathew Forshaw looks at how to understand balance sheets. A Profit & Loss Account is all about financial performance, showing the […]
Do you struggle with understanding profit margins? When it comes to understanding profit margins, many business leaders struggle to make the right decisions. In this blog, we explain in easy to understand terms the trick to understanding profit margins. After all, profit is profit. Right? Yes, but some profit is […]
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