View 3 signs that you should outsource your credit control

3 signs that you should outsource your credit control

Credit control can be a topic that causes stress for small and large businesses alike, and more importantly the business owner.  Remember, a sale is a waste of valuable business resource until the cash is collected.  Improving credit control is the easiest way any company can access “new” finance. A good credit controller has competencies…

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View Why an FC is the perfect choice for your small business

Why an FC is the perfect choice for your small business

A financial controller can be a beneficial asset for your small business. When business owners find themselves focusing too much on the books instead of their company’s future growth plans, looking to a controller is a smart solution. Your company might not yet be ready to consider hiring a CFO, but an FC could just…

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View Business Growth and Finance – its about more than just funding…

Business Growth and Finance – its about more than just funding…

Business finance is typically discussed in terms of finding sufficient funding for the trading entity. However, for the great majority of New and Growing Companies (NGCs), the personal financial outlook for the ownership team is deeply entwined with the company – and it’s often where barriers to success arise. Business Growth and Funding Requirements For…

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View Gary’s Golden Nuggets: Euros, dollars and sense – foreign currency

Gary’s Golden Nuggets: Euros, dollars and sense – foreign currency

Many companies do not have foreign currency expertise in house, often relying on their high street bank to help them when a transaction arises. Our experience suggest that better rates, service and zero transaction costs can now be obtained through specialist brokers, hence boosting profits as a result. Due to the complexities of this area,…

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View Gary’s Golden Nuggets: Plan your insurance

Gary’s Golden Nuggets: Plan your insurance

If, like many businesses, you leave it too late to renew your insurance cover and just renew as suggested by your broker, there is a high chance you will be overpaying or over/under insured. Your business changes regularly and the impact needs to be considered on your insurance cover e.g. more remote working and cloud-based…

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View Gary’s Golden Nuggets: Summer holiday time…

Gary’s Golden Nuggets: Summer holiday time…

As the Summer holiday period starts, it’s worth noting some important points about accounting for unused holiday. Most businesses have a fairly lax view on unused holiday pay and whether it can be carried over each year. Changes in accounting rules will start to focus the mind on the cost of unused holiday as this needs…

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