In a recent conversation with a client about the kind of ‘pain points’ they experience in day-to-day business they highlighted their frustration at not being paid on time by some clients. Probing this issue further, they went on to say that the problem was not always a case of not being able to speak with […]
A GENUINE QUERY OR JUST AN EXCUSE FOR NON-PAYMENT? Read More »
Many employment law changes came into effect from April 2024, which could have an impact on your business. H-J Dobbie, Head of HR Consultancy at Azets, explores them below. 1. Holiday for variable hours contracts For holiday years starting in April 2024, businesses can revert to the 12.07% method for calculating holiday entitlement and pay
Employment Regulation Changes To Be Aware Of Read More »
Industry accreditation is independent recognition that an organisation meets the requirements of governing industry standards. It is a formal recognition process in which businesses meet predefined criteria and quality standards assessed by an independent accreditation body. Having accreditation as a business provides confidence to customers of the quality, competence, safety and reliability of their accredited
How accreditation benefits businesses Read More »
Business Property Relief (BPR) in the UK is a valuable tax relief designed to support business owners and their families by reducing the burden of Inheritance Tax (IHT). Under Inheritance Tax Act 1984, BPR allows qualifying business assets to be passed on free from IHT either during one’s lifetime or upon death. This relief plays
Business Property Relief (BPR) and how it can help save Inheritance Tax Read More »
Finding a buyer for your business is a bit like trying to find a buyer for your house. One option is to use an agent. However unlike estate agents, most business sales agents want money up front with no guarantee of success. I often work with family-owned businesses when it is the children of the
How to find a buyer for my business? Read More »
We often hear the word ‘thriving’ but have you ever stopped to consider what it really means, or whether it applies to you? The dictionary definition of ‘thrive’ is ‘to prosper, be fortunate or successful’ and also ‘to grow or develop vigorously; flourish’. In coaching terms, thriving is all about working on your self-development, personal
What Does It Mean To Thrive? Read More »
There has been much discussion recently in credit industry events and forums I have attended about tell-tale signs to look out for if any of your customers are experiencing financial problems, which will ultimately impact payment of your invoices. It is vital not to overlook these as if you delay taking appropriate action you may
Red Flags In Credit Control Read More »
Selling a business is often viewed as a highly complex process, not least when trying to find the ideal buyer. This is why business owners should consider a management buyout (MBO) as an attractive succession option that can allow for an early and profitable exit from their business. Why should I opt for an MBO?
To grow a business, business leaders need to understand where they are now, have the ability to review their business and use that information and reliable data to plot their plans for growth. Growth can only be measured by having robust data to help you understand how far you have come or may still have
Automation in accounting: data driven decisions Read More »
Until recently, and for over a decade, I was Head of Digital and Chief Product Officer (CPO) at Freeads, having the privilege of being part of an incredible journey. Growing 400% from 1m in 2010 to 4m in 2013 was truly a collective effort. I believe this journey speaks to the importance of strategic digital
Unlocking Product Success with Daily Data Read More »
