Category: Finance
10 Reasons to use a part-time Finance Director
There’s been a lot of talk recently about the benefits of utilising part-time Finance Directors. But what do they do? And how can they help you? In this blog we cover the main benefits of using a part-time Finance Director, how to find one and what to look for. Let’s get started… Reasons to use a part-time Finance Director ...
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A Labour Promise
As far as General Elections go, the indications as to which party would succeed was fairly obvious from the off. The polls predicted a Labour win early on, and very little changed throughout. And so, after 14 years in charge, the Conservatives are out and now it’s over to Keir Starmer and Labour to get the Country back on track. S...
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Becoming Your Own Boss
The allure of trading predictable office hours for the freedom to call the shots is irresistible to many; the path to becoming your own boss is as challenging as it is rewarding. Imagine the empowerment of flexible schedules, the autonomy over earnings, and the independence in decision-making—all attainable hallmarks when you take the r...
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Understanding the Dynamics: Creditor vs Debtor
In the world of business and finance, the concept of creditor and debtor is fundamental to understanding how financial transactions occur. Whether personally or in terms of your business, chances are you have encountered these terms in your financial dealings. This blog aims to provide a comprehensive understanding of the dynamics between...
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Understanding Your Director’s Loan Account
Understanding and managing your director's loan account effectively is essential if you're navigating the financials of a limited company. It's a crucial ledger that records all transactions between you and your business, ensuring clarity in the flow of funds. This blog aims to guide you through the process, from the basics of director...
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Understanding the Difference: Turnover vs Profit
When it comes to evaluating the financial performance of your business, there are several key terms that need to be understood. Among these terms, turnover, gross profit, and net profit are fundamental concepts that provide insights into the health and profitability of a company. In this blog, we will delve into the definitions and calcul...
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Spring Budget 2024
This week Chancellor Jeremy Hunt delivered his Spring Budget. With a General Election on the horizon, many questioned how the Chancellor would balance sensible fiscal decisions with voter-pleasing political plays. Talk beforehand largely centred on further national insurance cuts and also reductions in inheritance tax. There was also t...
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Understanding the Importance of Cash Flow Management
Understanding the nuts and bolts of cash flow management could mean the difference between a flourishing enterprise and a floundering business. At its core, cash flow reflects the heartbeat of your company, revealing the money coming in and flowing out—a true measure of financial health and liquidity. With positive cash flow indicating ...
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Understanding the Differences: Accountant vs Financial Advisor vs Mortgage Broker
In the complex world of finance, it's easy to feel overwhelmed by the different roles that professionals play. It can be confusing to understand what each professional does and how they can help you. In this blog, we're going to break down the roles, highlighting their similarities, differences, and how each can support your needs. Under...
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Why Management Accounts are a key tool for Business Growth and Success
As a business owner, you may have heard of management accounts and wondered what they are and why they are important. In this blog, we explain what management accounts are, why they are essential for business growth and success, the benefits of management accounts, the key components of management accounts, how to use management accounts ...
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