Why you should prepare a budget?

I was once in a meeting with a prospective client and we were talking about his financials. I then broached the subject of putting together a budget for him and started talking about the importance of budgeting annually. He then said he had been in business for 23...

Predicting when the cash comes in from your sales

Predicting the sales in your business is one thing, predicting the cash receipts is something else entirely. Here are some tips on how to predict the cash: 1. Remember that the cash you receive is gross of VAT.  This is going to look good for your cash flow but...

How to Predict Sales Figures

Rather than delving into the confusing world of sales figures, let our the team from our accountancy firm in Leeds figure it out for you. If there is anything I’ve learned from running my accountancy firm in Leeds, it’s that you’ve got to be good at many things to own...

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