The HMRC requirement to Make Tax Digital starts in April for most VAT-registered businesses.
Your business could benefit from this requirement if you redesign your bookkeeping, accounting, and management information processes in such way that you take advantage of the facility to automate much of the day-to-day bookkeeping work, and you get your accountant to prepare custom-made management accounts templates within […]
Whether the change is good or bad, you must adjust your implementation action steps to keep in line with those changes. For example, recently, there’s been Brexit, trade wars, China’s slowdown, digitization, 3D printing, and any number of new competitors. Any one of these could render your implementation plans out of date and ineffective.
Another aspect of business that is changing […]
The next section in our improving results series looks at people and performance. Perhaps it would be more accurate to say, how people are managed and the performance of that team of people.
As a business owner, you may have felt that some employees just don’t give it their all. They are not fully committed. They just turn up and do […]
A new research report confirms what I, and many others, have suspected. Namely, that during the last five years, it has become more difficult to maintain market visibility, customer loyalty, and a flow of referrals from clients. The non-stop tidal way of marketing massages is making it harder to generate new business enquiries through all forms of marketing, including via […]
‘Special Purpose Vehicles’, or SPVs, are becoming more common as a means of operating small-scale property developments.
What is a Special Purpose Vehicle
A Special Purpose Vehicle (SPV) is a legal business structure which has been created for a specific, usually limited, purpose and which has specific, usually limited, powers. It can be thought of as a business that has been tailor-made […]
Several local business owners have asked us about two comparatively new developments associated with small-scale property developments. We would like to share some information on these topics with you. We start with crowd funding.
Another source of funding?
Crowd funding can raise debt (loan) or equity (share) capital.
The majority of conversations we have had with local developers have been focussed on crowd […]
I know, as a chartered accountant, that the starting point is always ensuring that the bank accounts are fully reconciled. Which means that all the transactional activity within those bank accounts have been processed properly through the bookkeeping system.
When I was doing my training, most clients operated a manual bookkeeping system. Nowadays we have the advantage of digital cloud based […]
Continuing our series on ways in which you could possibly improve the results of your business. Today, I’d like to suggest you study trends in the marketplace as an indicator of possible new business opportunities for your business. I also suggest that you look beyond your normal market sector to give you a chance of finding something new, novel, or […]
The one constant in business, and in life, is change. You must be in control of your personal circumstances to ensure you can carry the changes and the things that change brings with it.
What I’d like to focus on this morning is ‘wrongful trading’, which is a very strong term. But wrongful trading can come about innocently by just not […]
Jim Ratcliffe lifts the ceiling on goal-setting for ambitious entrepreneurs. According to the Sunday Times Rich List 2018, he has built a business in which his personal share is worth £21 billion, and he has done so in only 20 years.
Whatever levels you are aiming reach in your business, ad+ can help you get there. We’ve advised business owners based […]