Category: Northants Accounting blog

Surviving a sudden financial crisis in your business. As the recent problems surrounding the Covid-19 pandemic have demonstrated, it is simply not possible to allow for all eventualities in a business. Sometimes things happen that are beyond our control and beyond any reasonable expectations. We can do our best to allow for change, we can

You need your accountants to be just as ambitious as you We salute Britain’s one-man bands, contractors, and freelancers – but we’re not the right accountant for you. We’re an accountancy practice specialising in working with growing companies: • with turnovers of between £100,000 and £2m• interested in becoming a real brand in their sector•

The ongoing public health crisis posed by Covid-19 has emerged as a once-in-a-generation pandemic, upending all aspects of routine life, including the way we conduct business. Most countries around the world remain under a state of lockdown with strict restrictions on the movement of goods and people alike, albeit to varying degrees. Consequently, the pandemic

Some thoughts on how to work with off-site employees 2020 was the most unusual start to the business year in living memory and it has changed our view on the workplace. We expect one of the biggest changes in working life to be the spread of remote working as an accepted practice. What that means

Options for opening a new business post-lockdown. If I am being honest, I am getting a little tired of hearing about ‘the new normal’. It such an empty and nebulous phrase that I suspect what it actually means is ‘whatever it is that comes next’ rather than any specific meaning. What comes next, whatever that

I just wanted to follow up from my previous posts to provide some clarity on directors who wish to apply for the employee retention scheme.   Can directors be furloughed? The answer to this question in my opinion is yes, they can.   Why? Directors are office holders who are responsible for the direction and

I’m just writing to give you an update on the new measures announced by the chancellor this afternoon and pre-empt some of your questions:   Am I self-employed? Firstly, if you work through your own limited company as a director and shareholder, you ‘re not self-employed. Technically you’re an office holder, employee and investor which

Coronavirus Job Retention Scheme Who is it for: All businesses Who will it help: Employees & Directors who can’t work because of coronavirus, earning up to £2,500 a month. What we know: It’s a government scheme designed to encourage business owners to retain staff during periods of inactivity. It covers 80% of an employee’s salary,

Starting a retail store online is an exciting venture for most business owners, mainly because it helps you reach a vast niche audience while keeping your physical footprint and cost attached with it incredibly low. The ease that digital technologies have provided to start an online store with options like Facebook marketplace, Shopify, Amazon, eBay

There are multiple factors that you need to evaluate before investing your time, energy and money in any business, because these contribute to the success of a business in the long run. Although, with the right kind of strategy, careful planning and smart execution, you can make any business work but there are some fundamental

Northampton, ranked as the top town to start a business in the UK, provides a very favourable environment for businesses to strive and grow. If you’re an avid reader of my blogs you’d know by now how important it is for businesses to stay on top of accounting and finance side of the business to

NORTHAMPTON BUSINESS CLIMATE & ACCOUNTING Northampton has been ranked as one of the best towns to start a business in the UK over the past 5 years over and over again. Research reveals that Northampton has 43 new businesses per 10,000 population i.e. above London at 42 and well beyond the UK average of 12.

As a small business owner, you might usually find yourself juggling between various business responsibilities and day to day operations. In such a busy schedule, most small business owners don’t want to spend their valuable time worrying about the financial side of the business. As important as crunching numbers is, business owners want to invest

    9 SAVINGS YOU CAN’T AFFORD TO MAKE WHEN RUNNING A BUSINESS   When you think of starting a business, you calculate the capital required for obvious expenses like premises, inventory, salaries, marketing etc. However, many business owners fail to identify some other essential, unavoidable costs. Which is one of the reasons why a

Pricing strategy of your business has a significant impact on the buying behaviour of your customers. Pricing strategy doesn’t only revolve around the price that you will charge your customers for the product/ service you offer but also how that price will shape your marketing strategy. Pricing offers basic overviews of your company, showing that

“If only I had enough money, I’d quit my unsatisfying job and start my own business” I’ve heard this sentence multiple times from colleagues, grad students, people in their first jobs and even total strangers. If you hear carefully, you’d notice that lack of money isn’t the main problem. The real problem is an unrealistic

Running a business is hard and running a successful business is even harder. It can, however, be simplified and made easier if you invest sufficient time in research and planning before you move towards execution.  A lot of entrepreneurs make the mistake of taking a blind start without a proper cost, market and audience analysis

5 tips to supercharge your business! Achievement, success and innovation are terms we associate with entrepreneurship, but the other side of the picture that is carved with hard work, challenges & even failure is often ignored. It is a well-known fact that only fifty per cent of the businesses survive the first 5 years.  Twenty