Although power cuts used to be much more common in the UK, they aren’t completely a thing of the past. As an example, on 21st June 2017, around 63,000 properties were left without power and, just days later, Edinburgh Airport suffered serious disruption due to a power … [Read more...]
Receivable Factoring: Role and Features of Factoring
At times we come across business start-ups that had humble beginnings, but their growth has been steady. They've already succeeded in making their mark in their respective fields or industries. Ask them the reason behind their success. Most of them would say it was their hard … [Read more...]
Making Tax Digital
VAT-registered businesses with a threshold of £85,000 should start digitising tax. HRMC has announced this policy recently which is effective from April 1st, 2019. Even if your current turnover is less than the threshold above, you can sign up for MTD for VAT as it is here to … [Read more...]
How to Create Additional Cost Savings from Existing Contracts
Your business has contracts. Lots of them. And while you know that your contracts influence every aspect of your business, did you know that those documents also likely contain multiple opportunities for significant cost savings? It’s true. Although many businesses treat … [Read more...]
Why Ensure Working Capital Availability for Expansion — What Happens If You Don’t
Working Capital is a difficult financial concept for small business owners to understand. It is predefined as the difference between a company’s current assets and current liabilities. Working capital of a business can be measured through its operating cycle. The operating cycle … [Read more...]
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