If you're a business owner wondering how the latest UK budget affects your business finances, you're not alone. The short answer? This budget aggressively targets personal wealth while making business ownership less attractive—but your limited company remains the most tax-efficient vehicle for wealth creation, if  you structure it correctly and plan for an exit rather than just income. After analysing every line of the Chancellor's announcement, we've identified seven critica

If you're running a 7-figure business and wondering whether to hire a CFO or financial controller, here's the straight answer: most businesses under £5-10 million don't need a full CFO yet. What they desperately need is a financial controller to fix their broken finance function first. This isn't about titles or ego. It's about getting your financial house in order so you can actually make the strategic decisions that drive profit and business growth. The Problem Most 7-Figur

If you're running a 7-figure business, you've probably wondered whether you can legitimately put travel expenses through your company—especially when that travel includes elements that feel personal. The answer isn't a simple yes or no. Your business can pay for travel, but whether it's tax-efficient depends on three critical factors: whether the expense is "wholly and exclusively" for business purposes, whether there's "duality of purpose" (mixing business with personal bene

If you're running a seven-figure business and wondering how to protect your company from economic uncertainty, the answer lies in understanding one critical number: your margin of safety. This is the amount your sales can drop before you start experiencing profit or cash flow pain, and knowing this figure now—before trouble hits—could be the difference between weathering a storm and making panicked decisions under pressure. The reality is stark: when economic indicators point

If you're a 7-figure business owner considering acquiring another business, opening additional locations, or inheriting a company, you're about to enter group structure territory—and the hidden tax implications could cost you £50,000+ annually if you're not prepared. Here's what you need to know : Once you own multiple connected companies, you lose access to critical tax reliefs that smaller businesses take for granted—business rate relief, the employment allowance, VAT flat

If you’ve ever looked at your Profit & Loss statement and wondered, “Why does it say I’m making money when my bank account keeps running out of cash?”, you’re not alone. Thousands of business owners face this hidden financial trap every year. The Titanic Mistake: Why Profitable Businesses Still Go Bust Picture this: Your business is the Titanic, and your Profit & Loss statement is just the tip of the iceberg. You see profitability above the surface and assume everything is fi

Revenue per employee (RPP) has become one of the most revealing metrics for measuring business efficiency and potential for business growth. As a proactive accountant working with companies across multiple industries, I've discovered that understanding your RPP can transform how you approach scaling operations and drive profit more effectively. What is Revenue Per Employee? Revenue per employee, sometimes called the labour to turnover ratio, measures how much revenue each ful

In today's rapidly evolving business landscape, having the right technology to support your finance function  is no longer optional—it's...

The UK is experiencing a mini explosion in Employee Ownership Trusts (EOTs), and it's not hard to see why. With baby boomers reaching...

Having "too much cash" might sound like a dream problem for many business owners struggling with Cash Flow  challenges. However, for...

We often hear the phrase "it's never been easier to start a business," but is that the whole story? While technology has certainly...

In today's competitive business landscape, setting the right price for your products or services can make the difference between...

Is the UK's long-standing productivity crisis linked to our minimum wage policy? In this thought-provoking analysis, we explore how the...

Are your management accounts truly working for your business, or are they just reports gathering digital dust? In this insightful guide,...

In a recent discussion between our Finance Directors , we explored a provocative idea: Is Google's business model fundamentally broken...