A practical guide to cash flow forecasting, with a worked example showing how to calculate your cash position, plan ahead and prepare for delayed customer payments.
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As your business grows, bookkeeping and year-end accounts may no longer give you enough information to make spending decisions. We explain the financial support available and how each service works at Pisces.
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Winning more work should be good news for your marketing agency. But when freelancers and suppliers need paying before clients settle their invoices, growth can put pressure on cash flow. Here's how to manage those gaps and plan ahead.
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A mission statement helps your business have a focus outside of the normal commercial world. It gives the business a greater relevance in the world that we live in. It is a statement to define how the company seeks to make the world a better place.
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The term online accountants usually refers to accountants that provide their services using a variety of online software. They are normally doing the bookkeeping and accounts preparation in accounting software like Quickbooks or Xero and using a variety of third party apps to supplement them.
Read MoreWe offer a full range of accountancy services for creative freelancers and creative agencies.
We can help you complete and submit your accounts and tax returns to Companies House and HM Revenue and Customs
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Taking time off work is one of the best things that you can do for your business. You have time to think, relax and see your business in a different light. You will have ideas what you want to do when you get back to work and you will come back relaxed and enthusiastic to carry out your plans.
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One of the first things to do is to obviously register your company. A limited company is a separate legal person to yourself. It can sign contracts and enter in to agreements. If the company fails and has to close you are largely protected from any losses.
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You need to have a business bank account if you are the owner of a limited company. The limited company is a separate legal person to you. It can agree contracts, buy and sell things. The company needs to have its own bank account.
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Buying equipment for your business normally involves a large investment. If you are buying a new computer or office equipment you have to plan and be sure that you can afford the investment that you are making.
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As an employer there are a few benefits that you can give your employees that they will not be taxed on so long as you stick to the rules.
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So you’ve signed up as a new client with Pisces, what happens next? We have a very simple process that we follow when we take on a new customer.
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When we talk about business advisory for your business we are talking about how we can make your business better.
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One of the most awkward questions to answer as an accountant is how much do you charge? This is awkward because until we start doing your work we don’t know how long it will take, how much work there is involved and how much time we will spend on it.
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KPI’s or Key Performance Indicators are important parts of your business which help make you successful. They are the parts that you need to focus on as you start the process of growing your business and turning it in to the lifestyle business that you want.
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When you look for an accountant for your business you need someone who’s values are matching your values. Someone who you can ‘get along with’ and who will help solve your problems.
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This is the second piece in a series of blogs looking at how you can develop your business regardless of what stage you are at in it’s development. What stage are you at and what do you need to consider when looking for a better business and better life?
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This is the first piece in a series of blogs looking at how you can develop your business regardless of what stage you are at in it’s development. What stage are you at and what do you need to consider when looking for a better business and better life?
Read MoreAn online accountant is an accountant that uses the latest software technology to deliver their service to the client. This software can be using apps like Xero, QuickBooks or Freeagent to maintain the accounts but also supplementary apps like Receipt Bank or Arthur Online.
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When you start in business you need to view it as if you are building a series of systems and machines. You build a system that leads to a predictable outcome or event.
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