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Business forecasting has always been a challenging task for business owners, but with increasing uncertainty in the global economy, the knock-on effects of rising inflation, energy prices and the subsequent cost of living crisis, businesses today are in desperate need of some certainty. There’s no denying that business bankruptcies in the UK are on the … Read more
You don’t need us to tell you that practically every cost your business incurs is going up. And while households adjust to the soaring energy prices, we ask the question; how will your business cope? With energy costs at record highs, it’s time to consider the robustness of your business. The cost for everything from … Read more
When you start a business, there is so much you need to consider, from certifications and insurance to a good understanding of your finances. We created a guide to take you through what you’ll need to set up a limited company; now it’s time to move on to the financial side, which again we can … Read more
In recent years, the digital revolution has transformed how we live and work, and finance departments are no exception. The rise of digital accounting and the availability of finance automation tools have helped companies improve the performance of finance functions and save precious time. There are many benefits, but often Finance Managers often lack the … Read more
One of the biggest challenges for small business owners is getting their customers to pay on time. The problem of late payments continues to burden SMEs across the UK, with the blame largely being placed on the poor payment practices of larger businesses, as well as on Government contractors. Often, customers pay invoices late with … Read more