Blog & News

Insights & News from Your Finance Team

We spend a lot of time offering our clients practical advice on how they can grow their businesses – please see some of our articles below and feel free to share.

Growing your business – 17 things to watch out for

When they start in business, most people have dreams of growing but there are some hidden traps that can stop those dreams from becoming reality. Everyone makes mistakes, but what we see are the same things coming up again and again. Some of them are pretty major and...

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5 things to think about when appointing new directors

If you are thinking about appointing a new director then there are some important point you really do need to consider before you go ahead. You can ask anyone to help in your company, and you can employ  anyone you like (within reason) but a directorship of a limited...

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7 efficiency apps that will improve your business

Have you ever found yourself doing a job whilst thinking that there must be an easier way? Often we get into a routine of doing manually things that could actually be automated and with automation comes efficiency. If you want to grow your business then you need to...

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Dividends, How much can you actually take?

If you own a limited company then you are entitled to take cash in the form of dividends and whilst that can be a very tax-efficient form of directors pay there are some things you need to be aware of. In this post, we’re looking at the issue of dividends and...

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MTD is on the way, what you need to do to prepare

You may have heard about Making Tax Digital (MTD) in the press and wondered what it is all about. This post is designed to give you some insight into the MTD roadmap and what to expect. Importantly, all businesses will be affected in the fullness of time so it’s not...

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Is XERO difficult to learn?

Making the move to a professional accounting package can make a massive difference to any company but of course, you do need to learn how to use the system. We often speak with clients who think that it will take them forever to understand Xero and that they need...

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Is XERO any good for agencies?

If you run a busy agency then you’ll know how important it is to have access to up to the minute information and the heart of that is a great accounting package. One of the best-known packages is Xero and the good news is that there are a lot of agencies out there...

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Bounce Back Loans: The devil is in the detail

Launched back in May last year, the government’s Bounce Back Loan scheme was designed as a temporary, emergency measure to financially support businesses during the coronavirus outbreak. The loans are 100% state backed with no repayments or interest due in the first...

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Is XERO any good for professional services?

If you own a professional services firm then you may have wondered whether Xero would be suitable for your needs. Professional services companies are different from other businesses in the way they operate and of course how they account for their time. This means that...

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