by Simon Baxter | Dec 1, 2022 | Business Updates, Cloud Computing, Featured, Office updates, Uncategorized
Interest rate conundrum… We have probably forgotten how exceptional the low interest period from 2009 to 2021 was. The Bank of England chart below brings it home. Before the 2008 financial crisis, interest rates were around 5% which was needed to control...
by Simon Baxter | Nov 17, 2022 | Business Updates, Cloud Computing, Office updates
When you own more than one restaurant …or more than one Pub or coffee shop, then managing the business takes a new dimension and the size of your turnover or bank balance no longer cuts it. A part time bookkeeper will not help. Just looking after your VAT returns and...
by Simon Baxter | Nov 7, 2022 | Business Updates, Cloud Computing, Featured
Most small companies (thought to be six million) pay their owner-managers a basic salary through PAYE and a chunk of the profit by way of a dividend. Accountants, including my company, usually advised their clients to remunerate themselves this way over the last...
by Simon Baxter | Oct 28, 2022 | Business Updates
If you are considering your business strategy, then this is a common tool used to assess your business environment. It is an acronym standing for the six external factors affecting your business. Political Economic Social Technological Legal Environment In the...
by Simon Baxter | Oct 21, 2022 | Business Updates
I trained as a chartered management accountant, and budgetary control was a major tool in controlling business finance dating back to the founding of my institute in the 1920s. So, one hundred years later, how is it doing? Depends on size. As a management tool it...
