Katey

How Your Business Can Manage the Cost of Living Crisis

The cost of living crisis is presenting a huge challenge to businesses across the UK. With the price of everyday essentials rising, and wages failing to keep up, many consumers are struggling to make ends meet. This is having a knock-on effect on businesses, as customers cut back on spending and turn to cheaper alternatives. …

How Your Business Can Manage the Cost of Living Crisis Read More »

What Are Accounting Reports?

Accounting reports are reports that contain financial information derived from a business’ records, in order to summarise their financial status. There are many different types of accounting reports and they vary greatly in terms of purpose and comprehensiveness. Income statements, balance sheets and cash flow statements are all common types of accounting reports that you …

What Are Accounting Reports? Read More »

How to Negotiate Payment Terms with Your Suppliers

Due to the rising cost of living, many businesses are currently struggling with cash flow. One of the best ways to improve your cash flow is to negotiate better terms with your suppliers. However, suppliers are also feeling the pinch given the current inflation rate, so how can you negotiate better payment terms without jeopardising …

How to Negotiate Payment Terms with Your Suppliers Read More »

8 Small Ways to Save Money in Your Business (that Add Up to Big Changes)

There’s not an entrepreneur out there who wouldn’t like to increase their profits, and reducing costs is one way to do it. But how do you go about saving money without hacking away at your operations like a madman? We’ve got eight small ways to save money in your business that can make a big …

8 Small Ways to Save Money in Your Business (that Add Up to Big Changes) Read More »

How to Scale Up Your Business: Tips and Strategies for Success

Scaling up a business is exciting, but it’s certainly not easy. It requires careful planning, strategizing and preparation. In this article, we’ll go over some of the key differences between scaling and growth, how you can know when it’s time to scale up and what steps you should take to prepare your business for maximum …

How to Scale Up Your Business: Tips and Strategies for Success Read More »

How to Make Your Annual Budgeting Process Fast and Pain-Free

If you’re like most business owners, you dread the annual budgeting process. It can certainly be time-consuming and frustrating, but it doesn’t have to be that way. We’ve got five tips that will help speed up the process and make it less painful, so that you can get back to running your business in double …

How to Make Your Annual Budgeting Process Fast and Pain-Free Read More »