Foreign Exchange: how to Mitigate your Exposure

Foreign Exchange: how to Mitigate your Exposure

After the Brexit referendum in June, many UK-based SMEs have found themselves in a precarious position on the back of a weaker Pound regarding foreign exchange. An SME importing products from Europe had their costs increase by at least 22% at one point. This severely...
HMRC Vows to Crack Down on use of Freelance Jobs

HMRC Vows to Crack Down on use of Freelance Jobs

SHOULD YOUR NEW WORKER BE SELF EMPLOYED OR EMPLOYED? Freelance jobs or ones that we should employ someone for is one of the bigger issues affecting employers today. You need to take on a new person its cheaper to call them self employed saving national insurance and...
Cash flow finance being positive is vital!

Cash flow finance being positive is vital!

Do you know what this means?  Positive cash flow finance is essential to any business and as you start your small business, forecasting and analysing your business cash flow is essential. The free financial model download on www.buildyourbusinesses.com is an easy to...