bright angels

Thursday, 11 June 2009 00:00 - The Secret to Effective Cashflow…

Thu, 11 Jun 2009 00:00:00 +0100

With businesses having to contend with falling sales, distressed customers and disappearing credit, the old adage that ‘cash is king’ has never been truer. But why so some businesses always have cash in the bank whilst some always operate in their overdraft?

Here are four key tips that should be followed to keep your cash flow flowing.

Thursday, 30 April 2009 21:18 - Cashflow is the Biggest Issue for Small Businesses

Thu, 30 Apr 2009 21:18:02 +0100

The most challenging issue for small businesses in the current climate is late payment, according to a survey. Research conducted by Hilton-Baird Financial Solutions on behalf of the Asset Based Finance Association (ABFA) found that cash control and managing cashflow were identified as the biggest challenge, with over half (55%) highlighting this issue.

Thursday, 30 April 2009 21:10 - Get on Top of Your Finances

Thu, 30 Apr 2009 21:10:50 +0100

With the impact of the credit crunch gradually filtering through to the wider economy, small businesses are under more pressure than ever to stay on top of their finances. And with the beginning of a new year now upon us, now is the perfect time to ensure that your business is keeping accurate records of money coming in and going out of the business.

Thursday, 30 April 2009 21:07 - QUICK Guide to Finding a Bookkeeper

Thu, 30 Apr 2009 21:07:49 +0100

If you're looking to find a trustworthy, professional bookkeeper follow our QUICK guide to choosing the right bookkeeper.

Qualifications	Are their qualifications from a recognised bookkeeping / accounting institute or association? Ask to see certificates or phone the qualification body to check.
User Feedback	All reputable bookkeepers will provide testimonials, many on their websites or literature. Ask for contact details of clients who will provide a reference.
Insurance	Is you bookkeeper insured? Check your bookkeeper has professional liability insurance.
Certification	Is your bookkeeper regulated? Bookkeeping is a regulated profession so your bookkeeper should be a member of treasury approved body, such as the Institute of Certified Bookkeepers. Ask to see certificates or phone the approved body to check.
Knowledge	What else can your bookkeeper offer? Apart from bookkeeping what skills and expertise do they have in other areas that might help your business i.e. business skills, marketing, IT.

Choosing a bookkeeper is a personal decision. As well as making sure your bookkeeper has the necessary skill and expertise you need to consider if you, and your team, can get along with the bookkeeper. Always meet your potential bookkeeper in person before engaging them to do any work and use our QUICK guide to help you.

Thursday, 30 April 2009 19:53 - How to Save on Accountant's Fees

Thu, 30 Apr 2009 19:53:15 +0100

If you hire an accountant, you will want to make sure that you are getting value for money. Here are a few tips which may help you bring down your accountancy fees:

Thursday, 30 April 2009 19:44 - Online Banking

Thu, 30 Apr 2009 19:44:59 +0100

Online banking is now normal for many individuals and businesses. It is a great way of keeping right up to date with your bank transactions. It’s also a great way to save money: many banks will charge business customers for processing cheques (either drawn by the business or paid in), however some banks will not charge for online payments and receipts.