How operational gearing affects your business Do you know How operational gearing affects your business? In a nutshell it shows much risk you have, and affects your survival, growth, and prosperity. What is operational gearing? Firstly, let us talk terms. Operational...
This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
We've had new lockdown and tier restrictions, which means managing your cashflow during lockdown is blooming important. The financial support measures, such as the new Job Support Scheme, Job retention bonus, all needs to be factored in. If you don’t manage your cash...
The new Job Support Scheme (JSS), Furlough mark 2, was updated on 22 Oct 2020. It was met with pretty much universal delight and applause. For many, the updated Job Support Scheme is a good replacement of the current Furlough scheme. The Furlough scheme, modified...
Getting paid on time and getting it right - easier said than done… Firstly the vast majority of self employed individuals and businesses often face a delay in getting paid. From a financial perspective cash is king in the short, medium and long term. Therefore weak...
Cash flow or fail! Because money talks. And it is especially talkative when you don’t have any, nagging money worries keep people up all night and worried all day. Most of us have been broke at some point in our lives. Most people will have had to adopt certain...
Tax, you can't avoid it. If you are a business owner tax and your self-employed business is something you consider. If you don't take tax into account, 'bites and arses' will figure somewhere. Today's blog will talk about the tax and your self employed business. In...
Nearly half of the UK workforce are now working from home, and for many, it’s a new experience. Far from being an opportunity to relax in front of the television and send a few emails, it actually brings its own challenges. The ongoing coronavirus pandemic and social...
The first Coronavirus furlough grant claim portal went live on Monday 20 April 2020. What does that mean for your business. Well, it means that if you have furloughed staff, you can claim that much needed grant money. We have submitted Furlough claims for all our...
The first Coronavirus employer grant claim portal went live on Monday 20 April 2020. This has been updated as of 31-Oct-2020 to reflect the fact that the November 2020 Furlough scheme will be in line with this. We've updated this article to reflect the new scheme. ...