Dealing with cash flow issues is one of the main causes of stress and worry for a business owner, and yet many don’t realise cash is their biggest problem. There’s a whole lot of noise about becoming more profitable, and that’s important – but it’s cash that will be your downfall. Simply put, ‘Cash Flow’…
Author Archives: Lindsay Farrer
20
Oct
Oct
You’ve got a brilliant idea for a new business and having been thinking about it for a while. But with everything going on, is now the best time to start a new business? The answer is YES! Now is as good a time as any to start many new businesses. A great idea A good…
28
Aug
Aug
If you are able to demonstrate a 40 per cent loss of income, caused by the pandemic, between March and June compared with the same period in 2019. You might be able to apply for a grant from £1,000 to £5,000 to cover the cost of buying-in specialist advice to address your immediate needs in…
Blog, Business Grants and Rates relief
Allerdale and Barrow Councils announce a second round of Local Authority Discretionary Grants
21
Jul
Jul
Both Allerdale and Barrow councils have announced a second round of applications for this grant scheme, aimed both at small and micro-businesses, for example B&Bs paying council tax rather than Business Rates. Both authorities are also targeting larger tourism businesses above the £51,000 RV cap. If your business is situated in either of these areas…
06
Jul
Jul
We’ve learned a lot about our businesses, and ourselves during this crisis. When it comes to crunch time, you’re a business like any other, and your prices need to reflect your value in order to stay afloat. We’ve had lots of great conversations about re-pricing lately, and found many of you are sitting in one…
Benefits, Blog, coronavirus
Debt management collection suspended by the Department of Work and Pensions (DWP) for benefit debt
08
Apr
Apr
DWP have issued a statement on their debt management telephone line, advising the suspension of debt management collection for overpayments of benefits, tax credits and social funds for a temporary period. They will not be issuing new collection notices or collecting any debt during this time. DWP are writing to employers to ask them to temporarily…
A question I get asked a lot is “Do you enjoy your job?”. Many people think being an accountant is boring and are fascinated to know what is really involved. So I thought I’d put pen to paper and explain why my job is so interesting and I’ve planned a series of blogs exploring different…
11
Jul
Jul
Starting your own business is an exciting time for any business owner or entrepreneur. But before you dive headfirst into establishing your fledgling company it’s important to do some planning to make sure your new venture is built on the most solid of foundations – and that means asking yourself some critical questions about your…
27
Mar
Mar
Back in October of last year, we welcomed over 200 business owners to Carlisle Racecourse for our local business event, BITE 2018. We watched as these entrepreneurs rubbed shoulders, talked shop, and shared their biggest business challenges. The room buzzed with industry and excitement. So, when anyone asks if networking can help their business, we…
25
Mar
Mar
The UK is set to leave the EU on the 29th of March, 2019. We think. Maybe. You see, at the time of writing this blog post, another twist has emerged. The Prime Minister has requested a 3-month extension which, if accepted, would put the leave date back to June 30th. And what happens then…
