Finance Management
Manage your Cashflow
Businesses need to manage their finances and keep proper accounts so that they can manage their resources and make sound financial decisions. Poor financial management and understanding the importance of cashflow is one of the main reasons why businesses fail.
It's important to manage your finances to
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Understand the sales targets you need to meet
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Understand your actual costs and outgoings
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Keep on top of income generation and invoicing
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Meet statutory requirements for accounting, VAT, and self assessments
Need any help?
Striding Out works with financial and accountancy experts to give you the support you need to manage your finances:-
Our Financial Experts can provide you with
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Financial Director support
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Accountancy Services
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Book-keeping Services
To enquire about our Financial Experts email finance@stridingout.co.uk
Looking for an easy to use book keeping and account management system, then check out Kashflow. It offers a 60 day free trial as well.
Useful Articles
Reasons to Register for VAT
According to HM Revenue and Customs registration for VAT is compulsory in certain situations, but is also available on a voluntary basis subject to specific criteria. Depending on the type of business there can be specific benefits to registering for VAT on a voluntary basis before you reach the financial threshold. The rules for both are summarised below.
You MUST register for VAT when
Tax Services from HMRC
New tax service helps businesses manage cashflow through downturn
If you're worried about finding the cash to pay your taxes, a new service from HM Revenue & Customs (HMRC) could bring welcome relief. The new Business Payment Support Service makes it easier for cash-strapped businesses to stay on top of their tax payments by spreading them over a period of time. It's aimed at businesses and self-employed individuals who are facing temporary financial difficulties and are unable to pay their tax.
HMRC Support
REAL HELP FOR BUSINESSES ON OFFER
Many businesses are preparing for tough times ahead. But there is real help available now to keep business fighting fit. Businesses are being urged to take advantage of a range of business support packages on offer to help them through the economic downturn as part of a public information campaign being launched today.
The campaign, which will feature print, radio and online advertisements, has been launched to promote the new "Real Help for Businesses Now" guide on the Business Link website - bringing together support from across Government in one easy-to-access place.
Business Expenses
Whatever type of business you run, whether it is a limited company, partnership or you are self-employed, when completing your tax returns you need to consider which business expenses are allowable and can be claimed against your taxable income.
Online Payment Options
As the internet continues to grow, customers increasingly expect to be able to order and pay for their goods online.