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Financial Strategy articles for Business Owners, Directors, Entrepreneurs and CEO’s.

Knowing your numbers and understanding them can make a massive difference to your business success. As accountants with over 30 years experience we have a lot of financial strategy insights that can help you.

Pricing Strategies – Understanding the Essential 8

Finding the right pricing strategies for your goods or services is essential. Providing you market your product at the right price, you can attract new customers, gain a bigger share of the market and increase your profits. However, finding the right price point isn’t always easy. When you’re deciding how [...]

By |2019-10-03T10:23:39+01:00October 1st, 2019|Financial Strategy|

Why you should abolish discounts and use these pricing strategies instead

Discounting product prices can whip up a storm and pique the interest of new customers, but slashing prices is not always an effective way to get your business noticed. While there are benefits of dropping prices and running promotions, discounting can cause problems. If you’re thinking of trying to increase [...]

By |2019-10-03T14:38:56+01:00September 17th, 2019|Financial Strategy|

The surprising truth about how Research and Development Tax Relief can improve business cashflow

Have you ever thought about how Research and Development Tax Relief can improve business cashflow? If there is one thing that a lot of businesses struggle with today, it is cashflow. This is especially the case for small businesses and start-ups. All it takes is one client to pay you [...]

By |2019-07-30T14:35:11+01:00July 30th, 2019|Financial Strategy, HMRC News and Updates|

How monitoring cashflow can actually improve your business

How monitoring cashflow can actually improve your business You don’t need us to tell you that the survival rates for start-ups do not make pretty reading. One of the main reasons why so many businesses fail is because of cashflow problems. In fact, it is estimated that up to 90 [...]

By |2019-07-30T12:40:11+01:00July 30th, 2019|Financial Strategy|

Are You Eligible for Corporation Tax Relief on your Research and Development Project?

Let's see if we can help shine more light on the infamous 'research and development tax credit'. Is your business creating a new, industry-changing product, process, or service? Or are you focusing on research to modify and improve existing products, processes, or services? If so, your company could qualify for [...]

By |2019-07-11T11:32:26+01:00July 11th, 2019|Financial Strategy, Tax Relief|

How Adhering To Making Tax Digital Can Help Boost Business Success

The time has come for businesses to digitise tax records and returns. Are you ready for your business growth to rocket? HMRC's new Making Tax Digital (MTD) scheme is set to provide a £57 billion payout over five years thanks to increased productivity. The new system is still in the [...]

By |2019-05-23T14:34:36+01:00May 16th, 2019|Financial Strategy, HMRC News and Updates|

What Are The Most Common Accounting Problems In A “Making Tax Digital World” Business Owners Face?

We all suffer from accounting problems from time to time. Recent changes to the way businesses file VAT returns are only the start of a huge overhaul to HMRC's tax filing system. Making Tax Digital could lead to more frequent accounting problems if you don't get a head of the [...]

By |2019-05-16T10:54:38+01:00May 16th, 2019|Financial Strategy, HMRC News and Updates|

7 Ways that Making Tax Digital Helps Your Business Succeed

From 1st April 2019, Making Tax Digital (MTD) came in for VAT Registered businesses turning over £85,000 or more. Businesses that fall into this category must now submit their VAT returns via a MTD approved digital system on a quarterly basis. This means implementing new software, processes, and training your [...]

By |2019-04-11T15:50:02+01:00April 11th, 2019|Financial Strategy, HMRC News and Updates|