Working capital is a simple but powerful measure of a business-s financial health. It is the difference between current assets and current liabilities. In other words, it shows what is left when a
Category: Business Support
Information with the goal to help you and your business thrive. Tax support and advise, company formation advise and so much more…
Why you should maintain a tax reserve
Every business has a duty to pay tax, whether that is Corporation Tax, VAT, PAYE, or personal tax liabilities for the owners. While these payments are predictable, many businesses still find
GOV.UK One Login - enhanced security from 13 Oct 2025
From 13 October 2025, access to Companies House WebFiling will require GOV.UK One Login. This replaces the older Government Gateway sign-in and is part of the wider move towards a single, more secure
What insurance cover should a company consider?
Running a small business comes with plenty to juggle, and while insurance might not be the most thrilling task, it is absolutely essential. There is one policy you are legally required to have:
Cash flow resilience and access to funding
Running a small business often feels like walking a financial tightrope. Cash can be flowing in nicely one month, only to dry up the next. With interest rates higher than they were for years and
Keeping your best people with flexible working
For many small business owners, finding and keeping good staff is one of the biggest headaches. Recruitment is costly, time-consuming and uncertain. That is why focusing on staff retention is one of
Overdrafts Explained: Risks, Costs, and Smarter Options
Why Relying on Overdrafts Can Be a Dangerous Game Introduction: The Overdraft Trap Facing London Businesses Require accounting services? Get in touch with our expert accountants today! Contact us via WhatsApp for personalized financial solutions. Ask Us Now The Hidden Risks of Overdraft Reliance Across London — from Sutton High Street and Wimbledon Village, to … Continue reading Overdrafts Explained: Risks, Costs, and Smarter Options
Why increasing an overdraft to fund losses is a dangerous game
Many business owners see their bank overdraft as a flexible safety net. When cash runs short, the temptation is to ask the bank for a higher limit to keep things moving. While this can provide
How to gain a competitive advantage
In every market, businesses face competition. Some competitors may be larger, others may have deeper pockets, but gaining a competitive advantage is not always about size or spending power. It is
Improve cash flow with smarter invoicing habits
Why cash flow matters
Profit is important, but cash pays wages, suppliers and loan repayments. Even strong businesses can struggle if money arrives late. A few disciplined habits around invoicing and
Management buyouts: benefits for owners and teams
A management buyout keeps the business in familiar hands. The team that already understands customers, systems, and culture steps into ownership, which reduces disruption and protects service quality.
Employing family members in your business
Many small business owners turn to family members when looking to fill roles in their team. It can seem like a natural choice, offering trust, loyalty, and a shared sense of purpose. However,
The value of retaining profits to support cash flow and growth
For small businesses and growing companies alike, one of the most reliable sources of funding is often the profits they generate. While it can be tempting to extract earnings in the form of dividends,
Choosing a Business Rates Agency
The Valuation Office Agency (VOA) has issued updated advice to help business owners choose and monitor business rates agents more effectively. A key message is that the name listed in the Check and
Red tape eased for new cafes and bars
Communities and town centres across the UK are about to get a serious boost. The Government has unveiled sweeping reforms aimed at slashing red tape so new cafés, bars, music venues and outdoor
UK Export Finance: Empowering UK Businesses to Go Global
UK Export Finance (UKEF) is the UK-s export credit agency and government-backed financier. Its mission is to ensure that no viable UK export fails simply due to lack of funding or insurance.
What
Big cuts to electricity network costs for heavy industries
The UK Government has unveiled a landmark plan to reduce electricity network charges for the country-s most energy intensive industries, such as steel, ceramics, glass and chemicals, slashing costs by
Why industry expertise matters when starting a business
Starting your own business can be an exciting and liberating decision. But passion and ambition alone are rarely enough. One of the most overlooked factors in business failure is a lack of direct
Choosing the right KPI-s for your business
Key Performance Indicators (KPIs) are not just numbers on a dashboard; they are tools to help business owners make better decisions. But with so many metrics available, how do you know which ones
Why exit planning matters - even in the early years of your business
Starting and growing a business is an exciting and demanding challenge. It is easy to focus all your energy on immediate goals like winning customers, generating income, and keeping cash flow under
Top 5 Bookkeeping Mistakes UK Business Owners Make and How to Fix Them for Better Financial Management
Top 5 Bookkeeping Mistakes UK Business Owners Make and How to Fix Them for Better Financial Management Bookkeeping is a vital part of running a small business, but many UK business owners make common mistakes that affect their financial health. These errors can lead to inaccurate records, cash flow problems, and even costly compliance issues. … Continue reading Top 5 Bookkeeping Mistakes UK Business Owners Make and How to Fix Them for Better Financial Management
Are you ready for Companies House ID checks?
From 2025, Companies House is rolling out new identity verification requirements for directors, people with significant control (PSCs), and anyone forming or managing a UK company. These changes form
How AI is changing your business
Artificial intelligence (AI) is no longer something for big tech firms alone – it is becoming a practical tool for small businesses, especially when it comes to financial management and
Redress for Post Office Capture victims
In a significant update, the UK government has unveiled a new compensation scheme targeting individuals affected by the earlier “Capture” software, used in over 2,000 Post Office branches
BT Eyes Deeper Job Cuts as AI Reshapes Telecoms
BT has announced that it may exceed its previously stated target of cutting 40,000 jobs by 2030, as artificial intelligence (AI) becomes more central to its operations. The move comes as the company
Four critically important KPIs
Gross profit margin
This measures the profitability of your core operations by comparing gross profit (sales minus cost of goods sold) to total revenue. A stable or improving gross margin indicates
Government sells last Nat West shares
The UK government has officially concluded its involvement with NatWest Group, formerly known as the Royal Bank of Scotland (RBS), by selling its remaining shares. This move ends nearly 17 years of
How working capital is funded
Working capital refers to the day-to-day funds a business uses to manage its operations. It is the difference between current assets (such as cash, stock, and trade debtors) and current liabilities
Buying a business - a simple due diligence checklist
Before you agree to buy a business, it is essential to carry out due diligence. This means carefully checking the facts and risks so that you can make an informed decision. Here is a basic checklist
Top 10 skills every business owner should acquire
Running a business involves wearing many hats. Whether you are just starting out or looking to grow, developing the right skills can make all the difference. Here are ten practical skills that will
