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Building a Strong Balance Sheet: Essentials for Business Stability and Growth
Businesses with strong balance sheets are more likely to survive economic downturns and be ready to thrive when the going gets good again. So what does a strong balance sheet look like, and how can you take steps to strengthen yours?
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5 Things to do Before Obtaining Business Funding
You’re ready to approach investors and apply for business funding… or are you? Sometimes in business, you have to jump in feet first and learn to swim as you go. Other times, it pays to do some research before you take a leap of faith. Raising capital usually falls under the latter. You might only get one chance to impress potential investors or lenders, so you want to walk into these discussions confident and maximise your chances for funding.
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Is your business in financial trouble? How to spot the ‘Red Flags’
Keeping the balance sheet “out of the red” is a top priority for any business owner. To do this and “stay in the black”, it’s important to be regularly scanning the horizon for any signs that you could be heading towards rough financial waters. There several indicators of potential financial trouble.
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Tax Credits for R&D Loss-Making Companies: What You Need to Know
The 2016 Taxation Act introduces a provision allowing companies involved in intensive R&D to cash out tax losses tied to research expenditures. This aligns with the government’s Business Growth Agenda, aimed at promoting innovation as a key driver for economic progress.
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What are the 3 main uses of net profit?
How should I spend my net profit? This is a question most business owners grapple with when their business starts to run at a profit.
