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 […]
Business valuation methods – the definitive guide
You’ve put in the hours, the late nights, and missed out on precious family moments to build up your business, and now its time for a change. Perhaps you’re considering retirement, or maybe you want capital to fund a new venture; whatever the situation, you’re considering selling up and moving on. But how do you […]
How do you value a business based on turnover?
Business valuation is often a complex process that involves taking into account: financial performance, sector, market interest and a variety of factors related to how your business is run. That may sound like a lot of work but if you want accuracy, you can’t skimp. Occasionally you may need to shortcut that detailed process. It […]