Business Growth

A real review of your numbers that could save you thousands

As a business owner you know you should look over your numbers regularly. You might even have some management accounts prepared by your accountant or bookkeeper and review the profit and loss account (“P&L”) once a month.  In conjunction with looking at your bank balance and seeing enough to pay your team and suppliers, you […]

How to improve your processes and boost cashflow

Not having the right processes in place around invoicing and cash collection can have a huge impact on a businesses cashflow. Even just late payments can put a strain on the business.  A lot of businesses think that a large client is a good client but if they don’t pay you on time, or it’s […]

Increase profits in your I.T. business without having to win new clients

When businesses first start they generally take on every client who contacts them because they’re trying to build their pipeline and grow, making a profit in the first few years isn’t the only goal.  Often the new business isn’t quite sure of itself or it’s offering so sells its services at a slightly lower price […]

Why You Should Be Using a Local Accountant

Wetherby, Harrogate, York, Leeds and everywhere in-between. Why a local accountant is great for your business. Moulds & Co Accountants has been helping to grow local businesses throughout the Yorkshire region for over 20 years now. We believe that there are numerous benefits to having a local accountant that can really connect with you and […]

IR35: Guidance for Contractors

As of April 2020, changes to IR35 (off-payroll working rules) will likely affect contractors working through intermediaries.  From April 2020, medium and large organisations in the private sector will have to confirm the employment status of individual contractors, something which up until now, has been the responsibility of the contractors themselves (if working within the […]

Surviving the Winter: How to Strengthen your Cashflow

As we mentioned in a recent Linked In post, the expression ‘Cash is King’ is still as relevant as ever.  It may be accused of being overused but the cash is king mantra still holds true, especially for those small businesses approaching the winter crunch. If you are worried about paying your bills and surviving […]

Keep Your Receipts!

When starting your own business there are a hundred and one things to think about, so it’s no wonder that the smaller aspects can easily get lost among the chaos.  James Caan once stated that “the biggest rookie error I’ve seen startups make is the reluctance to track transactions.” In other words, not keeping their […]

Should I run my buy-to-let business through a limited company?

When setting up your buy-to-let business you need to consider whether to hold the property personally or whether a limited company may be more suitable.  To understand the issue better, first, let’s look at the rule changes that began to phase in from April 2017. What are the changes? From April 2017 to March 2018, […]

What’s the cheapest way to close down my company?

Starting your own successful business is a big achievement and as such, there is a vast amount of information online regarding how to start, what your first steps should be and how to grow your business as big as possible. But what if you need the opposite of that? For numerous reasons you might one […]

Where’s My Money?

Seeing cash in the bank is always a welcome sight and can really offer peace of mind to new businesses especially. However, profits are not always represented in this way, so what happens to them and why don’t you always see what you’re expecting to see? First, what do we mean by profits?  Profits are […]

Moulds & Co Ltd 2017