I’ve been helping a couple of Business owners exit their business via a sale to an Employee Ownership Trust (EOT), rather than the traditional Trade sale route. Although the concept has been around for some time (eg. John Lewis), it was the 2014 Finance Act that introduced a range of incentives to make this something […]
The HMRC’s digitalisation of tax information – known as Making Tax Digital (or MTD for short) – is rapidly approaching. From April 2019, all businesses with taxable turnover above the VAT registration threshold of £85,000 must keep digital records and submit VAT returns using MTD compatible software through the HMRC Gateway. In practical terms, […]
We all want to grow our businesses – but too often the focus is (only) on increasing sales to achieve that goal. This blog runs through the logic of why that is not only not the way to go, but why it is easier, more reliable and cheaper to focus on improving what your business […]
Sometimes business owners/directors need someone outside of the business who can; take a high-level view of ideas and plans, support personal or team development, provide insight or resources to enable challenges to be overcome.
Stand by your beds – I’m following up from my first blog which looked to identify common failings that I come across in my Hall of Finance travels as a Business Consultant, Problem Solver and Mentor for SMEs and Owner Managers. The first batch of common observations/failings covered: 1. Oops too late 2. There is nothing […]
The Bank of England Governor, Mark Carney, is warning 1 million households on low incomes that they are about to see their living standards squeezed due to the post-Brexit fall in the pound. The pound has hit an eighteen year low against most major currencies. But what about the 5.4m UK SMEs who, in […]