Tag Archives: working capital

To Audit or not to Audit. That is the question.

If the turnover of your business is below £6.2 million, there is no legal requirement for you to have a statutory audit. You might have be asked to have one by an investor, or a bank – in which case … Continue reading

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Requests for payment and VAT

Now VAT is up to 20% it becomes more has focused attention on cash flow and ways to delay payment of output VAT on fees. One possible way is to issue a ‘request for payment’ rather than a VAT invoice. … Continue reading

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Cars

If you’re leasing a car for use in your business there are quite a few factors to consider.  It could end up costing you more than you think. There are various folk ideas about the realtive cost of car. The … Continue reading

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Budgets and Forecasts

Do you have a budget for your business? A lot of big businesses now see “budget” as a dirty word.  They associate it with an old fashioned fixed target approach.  Budgets are fine for the public sector, they tell me, … Continue reading

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Writing a business plan – a rough guide

Everybody in business needs a plan. It doesn’t matter how big or small you are, you need to know where your business is going and how you’re going to get there.  It’s a living document – something you’ll review frequently. … Continue reading

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Lessons learnt from Lord Sugar

Friday’s post – where I worry less about tax changes and keywords and more about writing something exciting. I never watched the Apprentice.  I can see how the often self delusional, publicity desparate participants made for great TV but it passed … Continue reading

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