Managing cash is vital for your business’ success. Learn more tips and get advice for managing the cash in your business.
This Tectona “In 3” reinforces how important cash planning is and why it is so much more critical now with so many unknowns as we emerge from Covid-19 lockdown. Tectona are perfectly placed to help you manage your cash ups and downs. Wild guess? – Businesses are going to be chewing up a lot more […]
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(And updated Wednesday 15th April 2020) In this article we pull together the key things you should be thinking about as you steer your business through these uncharted waters. Time and again, we have seen that it is rarely sensible to implement rash decisions. You should do what is necessary to mitigate the effects of […]
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If I said that working capital is (or should be) a key management tool then I would probably get some pretty strange looks. But I would then go further and say that: Managing working capital should be one of the key responsibilities of your CFO or FD as it is a really accurate barometer for […]
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At some point, your business will probably need to consider raising money to take it on to the next stage – or even simply to survive. This article provides a quick overview as to what you should be thinking about and outlines some of your options. What are your choices? Historically, you had 2 choices […]
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There are many beastly people out there trying to lever money out of your wallet and the levels of sophistication of their phishing scams can bea really eye opener. And it affects you equally as much in business as it does in your personal life. We recently learnt about a garage that got done for […]
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Question I am the owner and manager of a boutique executive search consultancy business. The business turns over about £5m and I have half a dozen billing consultants who, like me, are heavily involved in business development. In addition we have a small team of researchers and a couple of support staff. I have a part-time […]
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Over 20 years ago, this probably wouldn’t have even been asked as Sage was advertising that 80% of accountants would recommend their software over that of their rivals’. The campaign that featured this statistic was so successful that the whole education and training industry focused on Sage technology. This helped Sage consolidate their position as […]
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Cloud computing is one of the rising stars of business IT services. Being able to store and use systems remotely, accessible from anywhere can save businesses many hundreds of pounds in software licence fees and time transferring information. One of the best applications for our clients is cloud accounting systems. They are incredibly useful in […]
Continue readingMistakes help us learn and improve our businesses. While it is impossible for us to never make a mistake, you can limit the errors made by learning from others. Accounting mistakes from large businesses are often highly publicised and so much can be learnt from their experiences. So what are the three biggest accounting mistakes […]
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Recruiting and maintaining staff can be one of the most expensive costs for your business. It isn’t just the wages that you need to consider when hiring staff. Making the wrong hiring decision can be disastrous. Therefore, it is important that you consider the hidden or forgotten costs of employing new staff. It is especially […]
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