Decision-making based on your business data and management reporting is key for success. How do you make your business decisions?
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Build the life and business you want by going after it. Write down the life you want and ask yourself want changes you need to make to get it and go for it.
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Here are the key points from the Autumn Statement and their impact to individuals and businesses.
youtu.be/3eAPtS1XJPQ
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A truly successful business should provide the income to support the lifestyle you want, with the time available to enjoy it.
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How to Save Tax by putting Mobile Phone costs through the business youtu.be/1P8j3GV4smM via @YouTube
Talking about your tax planning is incredibly important in such turbulent times. Book a tax-planning session and let’s get up to speed with the latest tax changes and start saving you money.
#tax #accounting
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Your company yearend planning is important as it can help you save tax and improve the performance of your business.
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youtu.be/SGuM9odl2Ec
Would you like to know more about the relationship between costs and revenue to make better business decisions?
Book a session today to examine your financial reports with an experienced business advisor.
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Cash flow is the life blood of the business and many successful businesses have gone into problems when they ran out cash. Cash flow forecasting gives you the control and peace of mind around your business cash needs.
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As a Director of a Limited Company, you have the flexibility of being able to pay yourself using Salaries as well as dividends. Be sure to take advantage of this.
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Choosing an electric vehicle (EV) as a company car makes a lot of sense in 2022. We outline the eco and tax benefits of opting for an EV.
#companycar #EV #uksmallbusiness #ukstartup #profitadvisor #theprofitmechanic #helpingukbusinesses
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Having profit in mind from the start will drive the right habits and actions, which will lead to business success. Is profit a target you are shooting for?
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Once you begin trading, you’re faced with a new challenge – successfully managing the course of your new business and making sure it’s a profitable enterprise.
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A key to growth is to outsource the tasks you can so you can focus on doing what you do best, which is building the business.
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There are a number of ways in which profits can be extracted from a company; for example, salary/bonus, dividends and loans. The best method, or combination of methods, will depend on the particular circumstances.
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Start planning now for a great 2022!
What will you do differently this year to enable your business to thrive?
Conducting a past-year review with an experienced advisor will provide valuable insights for this year's goal setting. Get in touch today.
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Start with the ultimate destination of the business and then plan and go after it.
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HMRC have confirmed there will be no late filing penalty for the 5th April 2021 Self Assessment, as long as you submit by 28th Feb 2021 😊
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Business growth and success won't come without big decisions/changes and a lot of them will be uncomfortable. The more you make them the more you become comfortable making them.
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It's important that you give some thought to the strategy to navigate 2022. Have a plan which will convert to measurable goals and you're off to a winner.
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