Business Tip

Time to sell? Time to optimize.

It takes a long time to build a valuable business. Usually, there will have been many financial risks and personal sacrifices made by you and your family. So it’s understandable that at some point you may want to sell the business to release the capital and secure your financial future.

During the past 26 years, we’ve helped many Scottish business owners […]

What’s the best way to meet the obligations of running a company?

As you know, there is so much to be done to keep the company running, but there is never enough time. It’s easy to forget about one or more of the multitude of director and company reporting obligations.

How will you, or anyone within your team, find the time study the regulations to keep up-to-date with the ever-expanding requirements? There is […]

Why do we need another data protection act?

There’s so much regulation surrounding business operations that you can be forgiven for asking why Britain needs yet another layer of data protection law in the form of the new General Data Protection Regulation (GDPR).

One of our clients, Commissum, describes the massive changes that have taken place since the introduction of the current Data Protection Act in 1998. For example,

 […]

What would make the biggest positive impact on your business?

“If I could only complete one thing today, which one would have the biggest positive impact on my business?” Don’t ignore this question because it looks familiar. Some business owners achieve outstanding results by applying daily targeting and personal discipline.

Start every day by answering that question, and then complete that “one thing”.

If you are determined to achieve something worthwhile for […]

ad+ seminar: Get your business ready for new HMRC requirements

REGISTER NOW to learn what your business must change in order to comply with new the HMRC Making Tax Digital requirements.

Every quarter, your business will be required to provide an on-line update to HMRC of the amount of ‘taxable profit’ produced. That requires a lot of extra work by your staff and your accountant.

Will your bookkeeping staff cope with that […]

Improve the profitability of your business by satisfying your customer’s values

If you want to grow?much faster?than your competitors you need to satisfy your customer’s value system.
Companies that scored high on four or more elements had recent?revenue growth four times greater?than that of companies with only one high score (on the NPS system for measuring customer satisfaction).
Source: The Elements of Value. HRB September 2016.
It seems self-evident that satisfied customers will buy […]

The value of effective digital marketing for your business

Every business needs to win new customers.  That has remained consistent throughout the years.  But in recent years, the thinking on how best to achieve this has changed considerably.

Although most businesses have a website and social media pages, the online competition has intensified. It is not enough to just have an online presence: you have to find a way to […]

Have You Established Anti?Bribery Procedures for Your Organisation?

As a business owner there’s no shortage of plates that you need to keep spinning. As you’re pulled from pillar to post dealing with everything from business development pitches to meeting with new suppliers or vetting distributors, one of those plates named “internal corporate governance” might just start to wobble.

A recent example of this caught our eye: Braids Logistics, a […]

Reducing the taxman’s take

To minimise the tax you pay, it’s important to be fully aware of the choices you can make before you make them, so planning ahead and taking professional financial advice is essential. With real-terms tax increases the prospect for the foreseeable future, it makes sense to utilise every available tax relief.

HM Revenue & Customs (HMRC) creates many legitimate opportunities for […]