Running a business in our beautiful corner of the world is a dream for many. From the vibrant artist studios, restaurants and cafes, to the bustling holiday lets, there’s a unique entrepreneurial spirit here. But alongside the stunning views and laid-back lifestyle come specific financial challenges. As a local Cornish accountant, we want to share…
Why it’s tough for small businesses right now! Here’s how Bickerstaff Accountants in Hayle, Cornwall can help you thrive. It’s no secret that small businesses are under immense pressure in the current economic climate. With inflation pushing up the cost of materials, services, and staffing. The tax changes increasing the financial burden on employers, running…
Growing your business often feels like a constant uphill battle. You’re always striving for more revenue, a larger market share and increased profitability. But sometimes, the most effective strategies lie not in chasing new customers, but in optimising what you already have. This is where the power of cost-cutting and price increases comes in. Here…
Here at Bickerstaff & Co, we want to help where we can to make sure you free up your time. As a business owner, you can get bogged down under the administration that comes with running a business. We can help take care of the bookkeeping and accounts, allowing you to free up your time….
How much is my business worth? Valuing your business can help you focus on areas for improvement. In this blog we aim to answer a few questions you may have about valuing your business. Hopefully then helping you answer the question, how much is my business worth? So, how do you even value a…
The cost of living crisis has made it more difficult for small business owners to stay profitable and afloat. In order to survive, it is essential to streamline your business as much as possible. Fortunately, there are a few ways to help make your business more efficient and save you time and money. In this…
How to understand your business figures can seem like a daunting task! In this blog, we hopefully give you a bit more of an insight into understanding your business figures. Your business is unique, therefore your business figures will be too. How to understand your business figures and which are most relevant to you…
With increasing supplier and energy costs and a rise in interest rates, it’s vital that you understand your business cash flow. Your business cash flow can give you insights about the health of specific products or services and overall market patterns. In this blog, we provide cash flow tips for businesses. What is cash…
Now that the country is in lock down, many of us have stopped trading and are bracing ourselves for a huge drop in income and a massive dent in our cash flow. Now is probably a good time for you to take stock of where your business is currently, and what you can start doing…
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…