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Three Top Traps to avoid this January with the VAT increase
On 4th January 2011 the standard rate of VAT will go up from 17.5% to 20%. read more
Draft Finance Bill 2011 Overview: An early Christmas present?
The Government has carried out extensive consultation asking taxpayers what they want in this Christmas present, so there have been many confident predictions as to what would be under the shiny wrapping paper. But did we get what we asked for... read more
7 Secrets Behind Effective Debt Management
How do you start to implement a successful debt management programme? This article details a few ways in which you can increase the speed of payments. read more
Manufacturing And Exports Starting To Lead The Recovery
Amidst all the focus on the EU and the International Monetary Fund funding package for Ireland, and the concerns over the sovereign debt crisis spreading to other peripheral and even mainstream European economies, one story that perhaps didn't get the air time it warranted was that of the growth in the UK economy in the third quarter. read more
FDs Or FCs Considering The Composition Of Their Finance Team - Part 1
For many business owners one of the hardest question they have to answer is “what sort of finance team do I need for my business?” In almost every other area of their business they will typically have direct operational experience. In the end, business owners need to consider what they want from their finance team before determining the composition. read more
VAT Rise Survival Plan - Don’t Pay The Price For Poor Preparation
The UK’s leading independent VAT experts are urging businesses not to bury their heads in the sand when it comes to the VAT rise in January. read more
Investment Appraisal – How Do I Evaluate The Best Project To Go After With Limited Resource?
Management Teams running dynamic SMEs (Small and Medium Enterprises) are constantly presented with new opportunities either home grown or external. Do we buy or build? Do we acquire? Shall we start that new complimentary division or continue to invest in our core offer? Resources to deliver those opportunities - time, money, and people - are always limited so the challenge is to determine their best allocation. read more
What Should I Expect To See In My Monthly Management Accounts?
As soon as possible after the month closes, you should expect to see the Management Accounts for that month. The longer you leave it, the more stale the numbers become. You should not conduct the monthly Board Meeting without the Management Accounts so this too is dependent upon timely completion of the financials. read more
How Can I Calculate The Future Value Of My Business Based on Its Forecast Performance?
If you are in business to build something with a goal to sell it at some point in the future, you will naturally look at all strategic decisions through the lense of “will this increase the value of my business”. read more
How Do I Create And Implement A Bonus Scheme For My Senior Team That Matches The Company’s Objectives?
In business, where you are free to set your own objectives and it is not always clear who you are up against, setting out a framework is much harder than in sport. If the business and its employees are not in synch, you end up rowing out of alignment and the boat goes round in circles. Here are my top tips for designing a good bonus scheme for Senior Management. read more
