Steve Carroll

  As the end of the year is quickly approaching, it’s important to take a step back and review the cost of running your business. It’s essential to periodically review business costs, especially in times like these, as we continue to experience price increases, supply chain pressures, and continued inflation.  Most businesses no matter what … Read more

As 2023 draws to a close, it’s good practice to start looking ahead and plan for the future of your client’s business. It is often the case that clients themselves may be too busy delivering their service to do this, so its  valuable to clients to do the strategic work for them. If they are … Read more

For larger companies within the UK, part of audit requirements is to produce a going concern forecast for 12 months from the date of signing the accounts. This is mainly to demonstrate that the business is able to continue to trade for the foreseeable future. Companies must take going concern forecasts seriously as part of … Read more

For finance directors and finance managers alike, having a handle on a company’s financial health is crucial for success. If your business is big enough to have an annual financial audit, part of the reporting requirements is to produce a going concern forecast for 12 months from the date of signing the accounts. Put simply, … Read more

Starting a new company is a challenging feat. Besides putting together a team, finding a location, and developing the concept, there’s the immense task of raising funds. It’s no surprise that investors tend to be cautious of unproven entrepreneurs and ideas, contributing to the 20% failure rate of UK startups in their first year. As … Read more

Forecasting in business is key to success, but it can take up a lot of time. We all know it’s important, but we’ll do anything to put it off! Rather than procrastinate – here are six tips to speed up the process and be productive when it comes to business forecasting! Start with your costs … Read more

With important dates coming up in the financial calendar, it is often a busy time for accountants and business advisors who assist clients with their end of financial year accounting procedures, in particular, filing company tax returns and creating financial forecasting.  Year-end budgets can be a daunting task for  business owners, especially when it comes … Read more

If you work in finance and are looking to change up your career, becoming a Virtual Chief Financial Officer (CFO) is one of the most lucrative and fulfilling opportunities available. Whether its called fractional CFO, outsourced CFO , or part-time CFO,  by setting up as a virtual CFO, you can use your financial know-how to … Read more

Do you want to take control of your cash flow in 2023? As a Finance Manager, you know how important it is to always stay on top of the budget and avoid cash flow problems but being able to manage cash flow can be a challenge when unexpected expenses arise, and revenues fluctuate from month-to-month. … Read more

If you’re a business owner or finance manager, chances are you’ve already got your goals in mind for 2023. But with the current financial uncertainty and an ever-changing landscape, it can be hard to know where to start. That’s why we’ve put together this list of 5 ways for your business to survive and thrive … Read more