Tag: cash flow

Reasons you should hire a small business accountant in 2022

Thinking of hiring a small business accountant in 2022? Read on. Running a small business can be incredibly challenging, especially when it comes to getting your business of the ground, maximising exposure, gaining funding to grow and ensuring that you do not overspend during those early days. And, from the moment you set up your…

How to get your finances in order for 2022

With the New Year just around the corner, now is the perfect time to start thinking about getting your finances in order and starting 2022 of on the right note financially. Its also a good time to start thinking about how you plan on implementing any financial changes to your business as we approach what…

Why should your small business be using Xero?

Xero is a cloud accounting software tool used by over two million people worldwide. Designed to meet the accounting needs of small and growing businesses, Xero has revolutionised cloud accounting, making it easier and simpler for small businesses to manage their finances. But why is it so popular? And why should your small business be…

The small business guide to managing cash flow

As a small business, your cash flow can make or break your business. In fact, according to research: Cash flow is the number one reason for business failure amongst start-ups 78% of all UK SMEs that are owed money are forced to wait at least one month beyond their agreement terms for payment 52% of…

The importance of cash flow forecasting

Cash is king in any business, but it is especially important for small businesses to look after their cash flow. If you don’t keep a tight hold of your cash flow you can quickly run into a catalogue of problems. Why is cash flow forecasting so important? Cash flow forecasting will not only help you…