With the furlough scheme firmly in place for employees during the Covid19 outbreak, the Self-Employment Income Support Scheme (SEISS) has been a welcome relief for those whose own business has been affected by the pandemic. Self-employed people and members of partnerships who are eligible for the second (and final) grant will be able to submit…
One of the most common questions we get asked is ‘do I need a bookkeeper or an accountant or both?’ At our accountancy practice in Cornwall, we offer both services, so we wanted to take a closer look at these roles to see how an accountant and/or a bookkeeper could help your business. What…
We gave small business owner, Carly, the very difficult task of investigating the best ways to spend a day off in Cornwall In Episode 2, Carly has taken a trip to the Ocean Sports Centre in Carbis Bay near St Ives, to try her hand at Paddleboarding. Watch this space for our upcoming recommendations for…
Getting a professional accountant onboard doesn’t just give you financial freedom, it also gives you back much-needed time to get out & about with the ones you love. Not sure what to do with the extra hours? As a team of accountants in Cornwall, we’ve been chatting to our clients around the county to discover…
Ah procrastination. The nemesis of the To Do list. The destroyer of deadlines. It can cause considerable stress in our lives, as timescales get squeezed and we feel lost in a sea of indecision, doing anything except the task we really must complete. But what makes us procrastinate in the first place? If we’re really…
Benefits of a Cash Flow Forecast A cash flow forecast is an essential tool in helping a business prepare for the future. As the old saying goes, ‘cash is king’, therefore ensuring that your business has sufficient cash flow will enable it to continue operating effectively in the future. So what exactly is a cash…
We see a number of business owners who carry a high value of stock in their business but have no idea how much it cost them, what they have in stock or how long it’s been there. Stock management can have a big impact on the profitability of your business and so we have asked the…
Getting your business development strategy in place is crucial to growing your business. Many people started out in business because they felt they could serve customers better, or they were doing all of the work and getting none of the profits. Maybe it was to try and get more flexibility than a traditional 9-5 job…