Why you should focus on cash flow, not tax
When you start a new business, everyone tells you to find a good accountant who will help you reduce your tax bill. And it’s good advice. Taking full advantage of your tax allowances and entitlements may reduce costs and allow you to grow more quickly. But this advice only works in the early years. As […]
6 ways to build a loyal customer base
“In business, I look for economic castles protected by unbreachable moats” – Warren Buffett Buffett describes an attractive business investment as a castle with an impenetrable moat of protection. To be a viable proposition, a business needs solid foundations and a strong leader. It also needs differentiators which make it stand out from the crowd […]
Is there any value in a second-hand business?
Spring is a time of change and renewal. The change in season can be uplifting, inspiring us to set about clearing out the shed, garage or attic, preparing our homes and gardens for the warmer months, or even preparing to sell up. After all, March is typically one of the most popular months to start […]