Top five things to ask your accountant about your business
Having regular conversations with your accountant can make a huge difference to the success or failure of your business. Your accountant has a huge amount of knowledge available to you. Their exposure to hundreds of businesses, knowledge of the tax system and understanding of your personal and business goals means they truly are best placed […]
Expert Inheritance Tax Planning | Mayflower Accountancy, Toddington
Secure Your Family’s Future with Strategic Inheritance Tax Planning With rising property values and frozen tax thresholds, more families in Hertfordshire, Bedfordshire, and Buckinghamshire are finding themselves unexpectedly liable for Inheritance Tax (IHT). At Mayflower Accountancy, we provide clear, expert advice to help you navigate the complexities of IHT. Based in our Head Office in the heart of Toddington, […]
Mayflower becomes an Authorised Training Employer with the ICAEW
We are delighted to confirm Mayflower Accountancy & Tax Limited is now recognised by the ICAEW as an authorised training employer. The ICAEW is recognised across the UK and around the Globe as a gold standard of accountancy, and one of the notable Charters accountants in the UK can achieve, along with the ACCA, CIMA […]
The power of management accounts
Business growth is difficult to get right, especially when you’re constantly distracted by the day-to-day activities you need to focus your attention on just to stay afloat. You can’t grow your business without a plan, and you can’t create a plan without facts, figures and data. That’s where management accounts come in. While they are […]
How do I change my accountant?
Let’s face it. People like certainty. The same dentist, the same plumber, the same accountant. You get comfort in the process and you know how they works. But at what point does the pain of staying put outweigh the pain of change? On a scale of seamless to a nightmare, changing accountants is perceived to […]
4 ways to turn a good a business into a great one
Do you need help turning a good business into a great one? In my opinion, this isn’t something you should have to manage on your own. Providing business advisory services, while keeping you on the right side of HMRC, is what helps to make a great accountant. Of course, your accountant should embrace cloud accounting […]
10 tips to get cash flow into your business
If you asked me what I thought was the most important thing to consider when running a business, I would say cash flow. Yes, a good product, top team, financial discipline, brilliant branding, and so on are all important, but without cash flow, chances are everything else comes tumbling down. It’s the blood of a […]
Profit First – a book review
A few months ago, I was lucky enough to receive a copy of Profit First by Mike Michalowicz in the post. One of my clients was keen for my thoughts. I’ve known of Mike for a little while from a podcast he produces for accountants. This book though casts a much wider net. It goes […]