The importance of Shareholder Agreements for limited companies
In this article we look at the areas where a good shareholder agreement can benefit a business and its shareholders.
Speed up customer payments and improve cash flow
Begbies Traynor’s latest Red Flag Alert reveals over 47,000 UK businesses near collapse, a 25.9% increase from the previous quarter. Construction and real estate sectors are particularly at risk, signalling a pressing need for support measures to avert widespread economic fallout.
Cash Flow Forecasting Explained
In the dynamic world of managing a business, one of the most critical elements to success is effective cash flow management. Cash flow forecasting is a fundamental tool for business owners to navigate financial challenges and ensure sustained growth.
In this article, we will delve into the importance of cash flow forecasting and talk about what is needed to master this essential financial practice.
Adapting to Change: Essential Strategies for Business Success
Embracing change as an opportunity fosters innovation and adaptability, providing a strategic advantage for long-term business success.
Does your company pay you interest on the funds you have lent it? If not, why not?
It is very common in the world of small and micro-businesses for the directors to lend money to their company to finance the start up phase, or once more established it could simply be that cash needs to be retained for future investment, or the directors have decided they would rather use their own resources for working capital than borrow from a bank.
New Year, New Start
While switching accountants may not be a typical New Year’s resolution, if you’ve been dissatisfied with your current professional adviser, it might be worth considering a change. Explore the benefits of a fresh perspective and a more collaborative approach to accounting and taxation for the sake of your business.
Millions Heading for Retirement Without a Financial Plan
Millions of over-55s in the UK are at risk of encountering financial difficulties in their retirement, new research has revealed.
7 steps to managing business debt
In business, debt doesn’t have the same negative connotations as in our personal lives, in fact, many successful businesses choose to leverage investors’ or banks’ money over their own to maximise cash available for shareholders or to finance growth and innovation.