Business Planning / March 25th 2019

Preparing for an exit: Profit and Loss

When it comes to selling your business, preparation is everything and it must start years beforehand. There are a number of key elements that require focus: Establishing the business’ story (history, current standing and prospects) Selecting the right accounting policies Ensuring that your tax position is co

Every company owner has a dream that one day their business will be bought for many millions.   There are two types of owners: Those that keep dreaming; or Those that influence and encourage their dreams to become a reality. Knowing what you want and being realistic with time horizons is key to planning for an

A typical situation exists where a foreign ecommerce company needs to segment its payment processing in order to protect its ability to collect money from its clients. Reasons for doing so vary: Spreading the chargeback risks across a number of entities. Visa appear to have more relaxed rules in the UK than some oth

One of the many misconceptions of clients wishing to start a Limited company is the idea that the company’s funds are their funds. However, this is not the case. According to the law, a limited company is a separate legal entity. As a result, you cannot take out money from a limited company and claim it as your own wit

More often than not, corporate structures are explored and companies incorporated by individuals who either are looking to achieve a more tax efficient status, or maybe they have designed the next ‘must have’ toy/app in which they will need to grow and develop for a possible future sale. There can be multiple things

When it comes to growing your business, you may need to consider whether you want to acquire another business via a takeover, or grow your business organically through the attraction of new customers. Organic growth tends to be slower form of growth but allows you to be more in control of the growth process and thereby a

You may be thinking of retiring in the next few years. If so, there are some key considerations you should think about and plan for now to make the most of the transition as you stop working. 5 key things to consider include: 1. Are you able to sell your business? Many businesses have a value to someone, whether becaus

Written by guest blogger, Rebecca Dossantos from the Biz Latin Hub Group. Latin America is often considered the final frontier for many British exporters, who are more accustomed to finding easier pickings closer to home and in English-speaking countries. However, huge potential waivers in the face of economic uncertaint

On 30 January 2017 Wisteria celebrated its 15th birthday and over the years we have seen a number of professional service companies succeed from a start up to an established company. Throughout this period there are 5 recurring points that we have noticed with those that have succeeded: Fail to plan then plan to fail

As a result of the UK’s decision to Brexit, the pound is at a low against the Dollar not seen since 1985. Despite many economists’ predictions that the economy will decline as a result of Brexit it has recently been reported that Britain is currently the fastest growing economy in the G7. Consumer confidence and the hou