5 questions to ask when you are buying a business

Thinking of acquiring a company? Whether you’re a new entrepreneur, or a seasoned business owner, we’ve got the key questions you need to ask prior to the purchase. Purchasing an existing company is a great way to expand your business empire. You can buy out a close competitor, or dip a toe into a new […]

The importance of goodwill in your business

Building goodwill in your business adds to its value. And potentially gives you a competitive advantage. Here are 5 key ways to improve goodwill in your business, and how this adds to the value of your company. Goodwill in accounting refers to the intangible value that a company can hold, above and beyond the pure […]

The profit and loss and balance sheet reports

Do you know the difference between your P&L and your balance sheet? We can explain exactly what each report means – and how it reflects your current performance as a business. The profit and loss report and the balance sheet are both key reports when it comes to getting in control of your company’s financial […]