Podcasts
Understanding Your Financial Statements: Cash Flow, Profit and Balance Sheet
About this episode Your financial statements tell the story of your business. The words in that story are numbers, and understanding what they mean gives us more clarity, control, and confidence. In this episode, we explain the key financial statements every business...
How to Price Using Target Costing: Reduce Costs and Improve Margin
About this episode Pricing is one of the biggest decisions we make in business. Charge too little and we damage profit. Charge too much and customers may walk away. Target costing gives us a different way to think about price, cost, value and margin. In this episode,...
Resource Analysis: How to Carry One Out for Your Business
About this episode Resources are vital for business growth and success, but resources are not just about money. They include people, equipment, systems, time, skills, reputation, working capital, and the ability to use those resources well. In this episode, we explain...
Main reason businesses fail is undercapitalization
Undercapitalization and business failure go hand in hand. Just like Peaches and Cream, Gin and Tonic, Pineapple and Pizza. Undercapitalization is the main reason why many businesses become financial failures. In this week’s podcast I'm going to talk to you about...
Claiming Back VAT on Cars: When Can You Reclaim It?
Claiming back VAT on cars is one of those areas where a simple question quickly turns into a very awkward VAT question. You buy a car for the business. You are VAT registered. VAT appears on the invoice. Surely you can claim it back? Not necessarily. The general rule...
National Insurance Easily Explained: Employees, Employers and Self-Employed
National Insurance easily explained means cutting through the jargon around NI, earnings, profits, payroll and contributions. Whether you are employed, self-employed or running payroll as an employer, NI affects how much money is paid, what gets deducted and how your...