Whether you are just setting up a company, or your firm is in financial stress, it is essential to understand if a business debt can affect personal credit. While personal finances are usually kept separate [...]
In today’s fast-paced and information-driven market, business intelligence (BI) has become even more important. The quality of financial reporting that is required by internal and external stakeholders, such as regulators, has to adhere to incredibly [...]
Receiving a statutory demand is a serious warning that your company could be in financial difficulties. Should you end up having one land on your doorstep, it is essential that you seek specialist and independent [...]
The Coronavirus Job Retention Scheme (CJRS) was introduced by the UK Government in March 2020 to combat the global pandemic. Considered to be a lifeline for many businesses, it enabled firms to put their [...]
When Individual Voluntary Arrangements (IVAs) were first set up, they were actually designed with the interests of business owners in mind. Indeed, the 1986 Insolvency Act actually introduced IVAs as a method for company directors [...]
If your company has outstanding tax debt problems with HMRC, such as Income Tax (PAYE) or VAT, it is essential that you seek a resolution as soon as possible. This is because they are classified [...]
Funding your own business can be a long and tricky process. With so much choice available, it is essential that company directors take great care to choose the funding source that is best for [...]
If you are looking to start a claim against a company that has or is about to enter the liquidation process, you may think that you will have no chance of success. Thankfully, this [...]
Running your own business can be extremely challenging, with one of the most difficult aspects being accounting. Unfortunately, this is also something that many company directors fail to get a thorough grasp of. In fact, [...]
The amount you charge for your products or services is one of the most important business decisions you will ever make, so it is surprising that many companies do not carry out regular reviews of [...]