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What Tax Allowances Should Limited Company Directors Use Before the End of the Tax Year?
If you run a limited company and you haven't reviewed your annual tax allowances before 5th April, you could be handing money back to HMRC that you were legally entitled to keep. For limited company directors, the end of the tax year is a firm deadline — miss it, and those allowances are gone for good. The good news is that a handful of straightforward actions, taken before the tax year closes, can make a meaningful difference to your cash flow and overall tax position. Her
Simon Hancott
Mar 286 min read


What a 7-Figure Business Can Learn from an Amazon Warehouse Tour
Most business owners think they need complicated systems to scale. They imagine that reaching eight figures requires sophisticated...
Simon Hancott
Mar 287 min read


The Only Four Ways to Grow Your Business: Which Path To Choose?
A 70-year-old strategic framework that's more relevant than ever for scaling profitable businesses As a 7-figure business owner, you're drowning in growth opportunities. New markets beckon, innovative products tempt you, and competitors seem to be expanding in every direction. But here's the uncomfortable truth: most business growth strategies fail because owners choose the wrong path at the wrong time. The solution isn't newer, flashier tactics. It's a 70-year-old framework
Simon Hancott
Mar 196 min read


Is My Business Ready for an HMRC Investigation?
If you're running a 7-figure business and wondering whether your record-keeping would stand up to HMRC scrutiny, the answer for most business owners is uncomfortably clear: probably not. And that's not because you're doing anything deliberately wrong—it's because the goalposts have moved dramatically, and most accountants haven't warned their clients about the new reality. HMRC has just recruited 500 additional compliance staff, invested £1.7 billion into enforcement technolo
Simon Hancott
Mar 1211 min read


What Level of Financial Support Does My Business Actually Need?
If you're running a growing business and wondering whether you need a finance director, a financial controller, or if your current accountant is enough, you're asking the right question at exactly the wrong time. Most business owners only start questioning their finance function when they're already in trouble—when tax bills arrive by surprise, when numbers don't make sense, or when growth opportunities appear but they lack the financial clarity to pursue them confidently. He
Simon Hancott
Mar 79 min read


The Ultimate KPI Workshop: How 7-Figure Business Owners Can Cut Through Data Noise to Drive Profit
Stop drowning in meaningless metrics and discover the one KPI that truly matters for your business profitability As a 7-figure business owner, you're likely drowning in data. Your management accounts are thick with numbers, your finance manager sends you weekly reports, and your bookkeeping system generates beautiful dashboards with the click of a button. But here's the problem: most of this data is noise, not signal. The biggest challenge facing successful business owners to
Simon Hancott
Mar 24 min read


How One Tax Rule Could Save Your Group Companies Thousands: Understanding SSE
Why every 7-figure business owner with multiple companies needs to understand Substantial Shareholding Exemption before it's too late When you're running multiple 7-figure businesses, the complexity of your financial structure can either be your biggest asset or your most expensive mistake. A recent client conversation perfectly illustrates this point – a business owner was about to face an unexpected tax bill of thousands simply because nobody had explained one crucial tax r
Simon Hancott
Feb 236 min read


How NOT to Run Your Finance Function: 8 Ways to Destroy Your 7-Figure Business
Using Charlie Munger's inversion principle to identify finance function failures that could be costing your business millions When you're running a multi-million pound business, it's easy to get caught up in what you should be doing with your finances. But what if we flipped the script entirely? The late Charlie Munger, Warren Buffett's legendary business partner at Berkshire Hathaway, had a powerful philosophy: "Always invert." Instead of asking what makes something succes
Simon Hancott
Feb 195 min read


The Tax Relief 99.9% of Business Owners Are Missing (And How to Claim Up to 4 Years Backdated)
If you've ever personally borrowed money to fund your limited company—whether through remortgaging your home, taking out personal loans, or using credit facilities—you could be missing out on significant tax relief that's been available all along. This overlooked opportunity is so common that even experienced finance professionals have missed it, yet it represents one of the most substantial tax savings available to business owners. The reality is stark: the majority of 7-fig
Simon Hancott
Feb 96 min read


5 Game-Changing Ways to Use AI in Your Business (Plus One Bonus Tip)
As a finance director and founder of Profit Cash Growth, I've been aggressively adopting AI across our business operations. While most people use ChatGPT for basic tasks like drafting emails, the real value comes from thinking outside the box and applying AI to solve complex business challenges. After implementing AI across multiple areas of our business, I've discovered that the biggest challenge isn't the technology itself—it's having the creativity to understand what it ca
Simon Hancott
Jan 296 min read


How Can I Get Customers to Pay Invoices Faster? 7 Tech Solutions to Remove Payment Friction
If you're wondering how to get customers to pay invoices faster, the answer isn't just better credit control – it's removing payment friction. Most businesses operate with a single payment method, and when that method isn't convenient for your customer, it creates a barrier that leads to delayed payments. The solution? Give your customers multiple frictionless ways to pay you, and watch your cash flow improve almost immediately. As 7-figure business owners, you're likely mana
Simon Hancott
Jan 228 min read


5 Critical Financial Questions Every 7-Figure Business Owner Must Answer
Running a 7-figure business comes with unique financial challenges that many entrepreneurs aren't prepared for. From managing cash flow during rapid growth phases to knowing when to bring in professional financial expertise, the decisions you make today will determine whether your business thrives or merely survives. In this comprehensive guide, we'll tackle the five most pressing financial questions that successful business owners face, providing actionable insights that can
Simon Hancott
Jan 125 min read


The Guide to Building a Recruitment Process That Actually Works
Finding the right talent for your business can make the difference between stagnation and explosive business growth. After recently completing a successful recruitment process for a senior role at Profit Cash Growth, I've refined our approach into a three-step system that has dramatically improved our hiring success rate. What made this recruitment different was treating it like a proper strategic process rather than just posting a job and hoping for the best. By incorporatin
Simon Hancott
Jan 55 min read


Do I Really Need to Verify My Director ID With Companies House (And What Happens If I Don't)?
If you're being bombarded with Companies House director ID verification emails and wondering whether this is urgent, here's what you need to know: Yes, it's legally required—but no, you probably haven't missed your deadline yet. The law took effect on 18th November 2025, but you have up to 12 months from that date to comply, with your specific deadline tied to when your company's confirmation statement is next due. Most importantly, this is completely free to do yourself —des
Simon Hancott
Dec 17, 20258 min read


How to Set KPIs That Actually Drive Business Growth (And Avoid Costly Mistakes)
Setting the wrong KPIs can destroy your business faster than having none at all. Here's how to get it right. As a business owner, you've probably been told countless times that you need Key Performance Indicators (KPIs) to drive growth. But here's the uncomfortable truth: most KPIs are not only useless, they're actively harmful to your business. Whether you're working with a Finance Director, Finance Manager, or Proactive Accountant, the KPIs you set will determine whether yo
Simon Hancott
Dec 4, 20254 min read
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