A number of SME’s suffer from late payments, which leads them to face mahoosive tax bills. Thus, leading them to dip into their cash reserves. Compromising working capital is inconvenient and should be avoided at all costs. This is why we...Read More →
Certain traditional lending options, such as a bank loan, are regarded as the only option if you’re in need of a cash flow injection and are a small business owner. However, there are alternative forms of business financing that are also...Read More →
Brexit is happening and talks have started in Brussels. But many have expressed concerns that the economy has been put to the back of the government’s agenda. As it seems that jobs, living standards and the UK’s dairy industry may...Read More →
Small companies, or SMEs, accounted for more than 99% of the private sector last year in the UK. They also employ nearly 16m people, making them the bedrock of the UK economy. But there appears to be a problem holding...Read More →
This new financial year has brought around a number of changes. This is most likely going to cause a number of challenges for CFOs and FDs. Thus, we have listed the top 4 changes we feel you need to know...Read More →
The last few months have been very busy here at Peak Cashflow, as we continue to grow and develop. Below we have listed the various services we have provided and some of the reasons as to why we have been...Read More →
Richard Branson recently outlined his five-point business plan in a recent article. Within the article, he mentioned that he hopes the plan will help to ‘inform policies of the next government’. As well as his hope that the government will...Read More →
Since our initial conception in 2007, we have been able to develop and grow. This ten years of hard work and perseverance have allowed us to deliver the best service to our customers around the UK. But what is the...Read More →
There are many benefits to working in a small business or SME. However, there are drawbacks too. One of those drawbacks is figuring how to handle workplace conflict, especially when there is no HR department. This can be resolved with...Read More →
It seems this year is all about the beginning of change for the world, but especially for chartered accountants. It has been changing for some time now with changes in reporting, rising audit thresholds and a rise in competition. However,...Read More →
There are many positives to having your own business or working for a small business. Such as being able to be your own boss, make your own decisions and carve out your own career and path in life. However, it...Read More →
Credit control is one of those systems that some companies may not pay attention to or may even ignore. This could come back to bite them, especially if they are an SME or freelance business. But why is this?...Read More →
By 2020, the tax system will be transformed by Making Tax Digital (MTD). HMRC envisaged this change as bringing business tax into the digital age and have called for quarterly tax updates. However, this is for businesses with a turnover...Read More →
Have you been wondering how cash flow management effects SMEs? When will they need extra financial assistance? Peruse our infographic below to find out this and more! As always, we can help! Contact us today to find out more.
Invoicing clients is difficult at times. Sometimes you are not sure when to invoice them, how much to charge or which type of invoicing method to use. Clients don’t want a large amount to pay before the work is carried out....Read More →
Recently, banks notified firms that they would be charging interest on their Business Current Accounts (BCAs). This news sent ripples through the business world, especially to small businesses. But we wonder, is the solution to the problem to switch banks?