The #1 reason businesses fail… and how to avoid it

Don’t you just hate the old cliché, cash is king. I do. But the fact is, running out of cash is the number one reason businesses fail. Despite the fact that very often they are profitable. But profit and cash is not the same thing. So how do you protect yourself? There are really two critical things you need to... [FIND OUT MORE »]

Entertaining – don’t miss out on tax deductions

Whether you’re planning a summer ball or a more modest event to promote your business, the Taxman’s guidance says you can’t claim a deduction for the cost. But is this always correct? No deduction You probably know that HMRC has a special rule regarding the cost of business entertaining, i.e. it isn't tax deductible. Whether it’s a casual drink at... [FIND OUT MORE »]