Keep Proper Accounting Records
Ignore this one at you peril. In many cases it is a legal requirement to keep adequate accounting records and you could find yourself on the end of a hefty fine from HMRC if you don’t. The vast majority of businesses that fail didn’t keep proper financial records. Equally important is a business owners’ ability […]
Build A Better Business – Cash Is King!
It’s vitally important to understand the cash peaks and troughs in your business. It can mean the difference between success or becoming insolvent and business closure. Additionally careful injection of capital at the right time can take your business to the next level. If you are to remember one thing from this report it is […]
Build A Better Business – Set Goals & Have A Plan
Fail to plan, plan to fail. All new business require a well thought out business plan and goals backed up by budgets, forecasts, projections, and a road map of how they are going to get there. Invariably these plans will have market research, competitor analysis, profit forecasts, and cash flow projections. If you don’t know […]
