Outsourcing Your Core Financial Processes
Outsource your Payroll, Accounts Payable, Billing, Credit Control, Transaction Management, General Accounting, VAT, Tax management processes. Benefits Cost effectiveness. Lower cost base, greater flexibility. Financial Process Outsourcing is supported by the increase in legislation that requires compliance, the growing need for expert knowledge in defined areas and the constant requirement for companies to be cost …
Women in Business
The value of female contribution to business organisations success is now being recognized and promoted. An increasing number of women CEO’s, board members, directors and partners in blue chip companies and professional firms indicates a change in attitude. The Company Books has a high percentage of female financial managers and accountants and works with many …
Good business accounting practice tips.
Tip # 1. Hire an experienced accounting technician. Why? It will save you money that will be much better spent on winning customers and growing your business. How ? 1.No penalties, surcharges, interest charges. An experienced accounting technician keeps up to date with all the regulations and will ensure you comply with these regulations, and …
The Basics of Cash Flow Management
Being able to manage cash flow effectively in a small business is critical to the survival of any company, no matter what its size and this is something we help businesses with every day. Putting in place strategies and methodologies to reduce the time that elapses between outgoings and the subsequent income can really make …
Simpler SME reporting – Is it good for business?
ANNUAL ACCOUNTS for the smallest businesses could be simplified following a joint Financial Reporting Council and Department for Business, Innovation and Skills (BIS) missive on cutting red-tape for micro-entities. The main objection is the worry that simpler financial reports will make creditors reluctant to lend and traders reluctant to engage, fearing the mini-companies will be …
Government considers reducing financial reporting burdens for the smallest businesses
Simpler Reporting for Smaller Businesses” sets out ideas to reduce the amount of reporting micro-entities would be required to undertake. This could benefit around 5 million businesses and result in considerable cost savings in relation to the preparation of their accounts. The paper proposes easing corporate reporting procedures so that micro-entities are only required to …
Sweeping intellectual property reforms.
The Government today announced plans to support economic growth by modernising UK intellectual property laws. Ministers have accepted the recommendations made in an independent review which estimate a potential benefit to the UK economy of up to £7.9 billion. Business Secretary Vince Cable said: “The Government is focused on boosting growth and the Hargreaves review …
Small businesses lose faith in the UK’s Banks.
Britain’s sole traders and accountants have lost faith in the country’s banking system, according to the Forum of Private Business. The Bank of England published its Trends in Lending report for May recently and it showed a record decline in the number of approved loans for smaller enterprises.