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…
Top Eight Tips for Accurate Cash Flow Forecasting
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…
Four Tips for Improving Your Decision Making Process
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 101: 6 Key Terms You Need to Know
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…
The importance of bookkeeping for all businesses
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…
How does an accountant help with business decisions?
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…
What qualifications should an accountant have? (UK Accountants)
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…
How much should I charge for my services?
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…
How an accountant can help minimise business costs
Why choose Xero for accounting?
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…
What is the Difference Between an Accountant and a CFO?
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…