5 tips for planning in an uncertain climate

Nov 10, 2020

If you run a business, you’ll know how hard it is to make plans right now. (Yes, our award for understatement of the year is in the post!) Yet, despite the uncertainty, you still have to plan your projects, manage your resources and forecast income. How can you plan all this when the future is so uncertain? Here are five ways to navigate business uncertainty and plan with (some) confidence: 1. Take a good look your business finances Now more…

Finding COVID-19 funding and support for your business

Oct 14, 2020

In our previous article, we looked at COVID-19 financial support for self-employed people and sole traders. This time, we summarise the range of funding and support available to businesses and employers – including the new scheme that replaces furlough. No more furlough With the furlough scheme coming to an end on 31st October, the chancellor has announced a replacement scheme – the Job Support Scheme – which will run from 1st November for six months. Under the new scheme: The…

The latest on COVID-19 support for self-employed people

If you’re struggling to make sense of the latest government financial support options, you’re not alone. The government’s coronavirus support finder is a handy starting point, but before you head over there, we’ve pulled together a quick summary of key options for self-employed people and sole traders. What’s happening with HMRC’s Self-employment Income Support Scheme (SEISS)? Applications for the second SEISS grant close on 19th October, so if you haven’t yet put in your claim, don’t delay. Providing your business…

7 ways to boost profit this autumn

Sep 22, 2020

Even in a normal summer, profits tend to dip as business slows down. But there’s no doubt this summer has been tougher than most. If your bottom line has suffered, here are seven ways to give it a much-needed boost. Work with an accountant. First and foremost, an accountant can help you improve all aspects of your business – especially profit. So if you don’t already have an accountant, now is a good time to partner with one. They’ll not…

Sowing the seeds for business recovery: Is it time to change your mindset?

If you’re a business owner, chances are your 2020 hasn’t gone to plan. At times like this, it’s easy to focus on how your business has lost out – the growth plans that went out the window, the new launch that’s been delayed indefinitely, the disruption to ‘business as usual’. It’s all too easy to focus on how things used to be, how they’re supposed to be. But does that really serve your business? Not so much. Far better to…