Understanding the true impact of finance functions in a company can help a business move forward, win market share, consolidate in times of stress and shape direction. Putting processes in place to isolate areas of improvement and Read more
Monthly Archives: July 2014
HMRC raid increase adds further weight to account accuracy
Companies concerned that their finances may be out of date or are at risk of being neglected need to ensure they are compliant and not defaulting on tax payments.
This is a fundamental of running a Read more
Private sector outsource spending tops £30bn
New research has shown that spending on outsourced services in the private sector continues to increase, with the latest industry findings showing it has risen to £30bn in the last two years.
The findings, by the Read more
The importance of forecasting to business
Forecasting plays an essential role in running a business; from setting the direction in which a company will move to giving a snapshot of the state of play in a firm. Reviewed and updated regularly, a business’ accounts should be Read more
Four key considerations when applying for a business loan
Businesses looking to get themselves off the ground or improve cash flow may wish to apply to their bank for a business loan. Indeed, the pickup of the UK economy is making forward-thinking lenders increasingly keen to support promising enterprises.
Before you take the plunge, however, it’s worth remembering that preparation is crucial not only to securing the loan, but also making the best use of the funds for your business. We’ve picked out some questions that entrepreneurs should ask Read more