How to Analyse Your Business’ Financial Position
Keeping a close eye on your company’s financials is essential in planning a business strategy. Every company should pay attention to its current financial state. It can be of immeasurable…
Keeping a close eye on your company’s financials is essential in planning a business strategy. Every company should pay attention to its current financial state. It can be of immeasurable…
Do you want to know how your business and cash will perform in the future? Apply the following methods to improve your cash forecasting. Forecasting your company’s cash flow helps…
Making the best choice for your business can often prove challenging. Luckily, there are ways to make your decision making skills better. People who can make the right decision at…
Cash flow is the lifeblood of your business. It’s what allows you to pay employees, suppliers, and other creditors on time so that you can continue doing business. However, many…
Introduction:As a business owner, you may already have a finance team or an outsourced accountant/bookkeeper to handle your financial matters. However, there comes a point in your business journey where…
Introduction When it comes to running a business, managing finances can be a complex and time-consuming task. From ensuring compliance with regulations with HMRC and Companies House, to maximising tax…
Whilst it’s an unusual topic for an outsourced finance director to talk about, the importance of accurate bookkeeping for all business should not be underestimated. Bookkeeping is the fundamental foundation…
Many business owners are familiar with the need for a profit and loss account and balance sheet reporting. However, fewer may understand the value of creating a management reporting framework…
Running a manufacturing business is complex and keeping control of the finances is no exception. Although most manufacturing business owners understand the need for compliance and financial accounting, the benefits…
As business owners, how much profit we make is key to whether our business is viable or not. There are several ways to determine if your business is successful but…
When starting a business or in fact at any stage of a business, finances have a huge impact on our decisions. Some business owners start with very little or even…
Accountants support businesses with their money and maximise profits, as well as offering financial advice. A good accountant can be an integral part of a business. There are so many…
Or, “What prices should I charge for my goods or services?” This is a simple question, and one that the majority of business owners will ask, and the answer changing…
Whilst there are plenty of accounting tools available, at Logical BI we are big fans of XERO, and it’s very much our tool of choice. In this article we tell…
A Portfolio Finance Director (‘FD’) can be an integral part of a business. The Portfolio FD operates the same as a Finance Director but on a part-time basis. They create…
I’m frequently asked this question, here’s my take on it. Whilst Chief Financial Officers (CFO’s) and accountants may overlap in some of their skills, especially in smaller businesses, they generally…
A great logistics operation can provide opportunities for improving sales and financial performance. Resulting in a POSITIVE impact on profit. Logistics is no longer just an operational necessity Logistics can…
I strongly believe that local businesses are at the financial heart of the community. That’s why I have packages that help smaller businesses tap into my expertise without the need…