There are so many different levels on which trust can make or break your business success that maybe it is something you should give more thought to. Who do you trust and how do you build trust in your team are fundamental questions for any business owner to start with and review regularly, but also […]
A leading VAT expert is calling on private schools to review the accounting treatment of pre-paid school fees in order to avoid huge tax charges at a later date. It follows news of Labour’s plan for anti-forestalling measures on proposed private school VAT legislation. This would see the party recoup VAT on pre-paid fees for education that […]
It’s often a challenge working in the insurance industry, because we essentially provide a product that customers don’t actually want to use. No-one wants their pet to become sick, or their house to suffer a flood or burglary, or their business to experience a cyber-attack. But it’s the potentially devastating physical impact these events can […]
“A company is people.” That statement is one of many made by Richard Branson during his career that has placed employees front and centre. He, like many serial entrepreneurs, believes that people are the greatest asset of any business and, in order to scale and execute an ambitious growth strategy, you need to create a […]
Of course, employees will often move onto pastures new, whether to broaden their experience, take another step up the ladder or move to a new location. All perfectly valid reasons for switching roles. If, however, it feels like your organisation is in constant ‘recruit and train’ mode, always replacing and never growing, there are issues […]
BritishAmerican Business (BAB) has launched the latest edition of its annual Trade and Investment Guide, a crucial resource for British companies aiming to expand their operations in the United States. This comprehensive guide is designed to assist UK firms in navigating the diverse and extensive US market, offering detailed insights into various sectors and states. […]
Every business grapples with a diverse range of financial challenges and no company is fully protected from cash flow issues, late invoice payments, and unexpected costs. Understanding these challenges is the first step in navigating them successfully and achieving business success. As James Robson, CEO, FundOnion explains, we know that adopting effective cash flow management […]
If you are an owner-managed business but want to maximise sale proceeds at completion (and avoid an earn-out structure) then you need to have bedded-in a new management team ahead of your exit to demonstrate to the buyer that they don’t require you to remain in the business to perform any managerial or sales functions […]
Starting a business often begins with a spark of inspiration. There are some of us who naturally find new opportunities in everything we see, we think, “What if there was a solution to this problem?” or “How could this be easier for people?” This curiosity then leads us to innovative ideas and potential business ventures. […]
Business owners consider turnover as a fundamental metric for the growth of their firm. However, beyond this surface-level figure lies a deeper narrative that distinguishes one company from another. While two firms within the same industry may show similar turnover figures, the underlying dynamics of their revenue streams can be vastly different. The quality of […]