How to raise your prices without losing customers

The cost of running a business goes up every year, but when was the last time you increased your prices? Many business owners and managers worry that if they were to increase prices, they would lose customers. However, a customer will often be willing to pay a higher...

Controlling your business costs

Your bottom line is one of the most important numbers in your business. You’re constantly striving to improve it, because if you’re not driving your revenue up, and if you’re not growing, you’re dying. That being said, one of the biggest factors that can help improve...

3 Core Tactics to Help You Win Better Business

It is every business owner’s goal to build a profitable and successful company. You’ve worked hard to get the business up and running, and are now ready for those sales to flood in and for your profits to start increasing. But you need to take a step back and...

New Company Loss Rules to Go Ahead

The Finance Bill due to be debated in early September will finally include the new rules for the set off of company losses that were originally announced in March 2016. As a result of the first Finance Act being rushed through due to the snap General Election the...

The 7 reasons you’re making profits, but have no cash in the bank

If you’re managing your business’s financial situation by keeping one eye on your bank balance and the other on your outstanding bills, you’re missing out on a huge number of insights into the liquidity of your venture.

You may be reporting year-end profits, but when your everyday cash situation is looking worrying – due to running costs, overheads and tax liabilities – it’s time to delve into the numbers and get a better handle on your cash flow.