The big reopening – a quick pause for thought
After months of being forced to close, for many hundreds of thousands of businesses, this and next month will be the time they have waited so long for – when they can finally reopen their doors.
Having spent months in mothball mode, many business owners will have had time to think about the way they want to operate moving forward. But [...]
Turning a side hustle into a successful business
The pandemic may have had many negative consequences for the economy. But the statistics around business start ups actually paint a far more positive picture.
Statistics from Companies House show that the number of small businesses launched in 2020 increased by more than 40 per cent to 830,000. The largest number of new businesses were from people selling goods from their [...]
Is it time to rewrite the rule book?
If we learnt anything from 2020, and the start of 2021, it’s that anything can happen. We’ve all become accustomed to having our lives, and the things we are and aren’t allowed to do, being changed at the drop of a hat. For businesses, this has all too often found them being on the backfoot; having to scrabble around to [...]
3 Festive Business Planning Tips for the New Year
The countdown to Christmas is officially on!
With less than 10 days until the big day and even fewer working days, the race is on to get everything done before finishing up.
There may not be much room on your to-do list, but that doesn’t mean you shouldn’t forgo planning ahead for 2021. After the ups and downs of 2020, starting the [...]
Financial data – what’s the missing link?
Almost all businesses employ the services of an accountant. Some businesses have several people helping them on the financial side – with an accountant, an FD, accounts administrators etc. Yet time and time again, I come across business owners who simply do not have easy access to the information they need when it comes to making crucial business decisions.
Although there [...]
What’s your financial forecast?
Let’s be honest, very few of us saw what 2020 had in store. In fact, if I look back to the blogs I posted at the beginning of the year, one would be forgiven for thinking that the future for businesses looked positively rosy! I even referred to having 2020 vision – if only that were true!
In the absence of [...]
Time for Change?
The past few months has certainly been a rollercoaster for many businesses. Even amongst our client base, we’ve had business owners who have changed their entire way of working; from how and where their employees work through to the way in which they generate sales and even who they sell to.
For some businesses, the pandemic has accelerated change – particularly [...]
How to meet customer and employee needs in a post-Covid world
In our last blog we looked at the immediate aftermath of the Covid-19 pandemic and the lessons that can be learnt from lockdown.
This got us thinking about two of the major elements that make a business what it is – its staff and its customers – and how the needs of both of these essential audiences might have changed.
So as [...]
Returning to business as unusual?
As we begin to head out of the other side of lockdown, many businesses can begin to think about resuming some of their normal operations, or if they’ve been forced to close, may be able to start to plan their reopening. For other businesses, the lockdown may have resulted in working in a different way, perhaps in terms of remote [...]
Help for Business Owners – How to Navigate the Coronavirus Crisis
The past couple of weeks has been one of the most surreal and difficult times many of us will have experienced. As the Coronavirus crisis has taken hold, the vast majority of us will have had to make adjustments to our work and personal lives, and get to grips with the new reality.
It has also been an extremely stressful time [...]