For your business to make money, you need to generate revenue. You produce revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers. So, the better you are at selling your…
When you started your business, you probably dreamed about flexible hours and highly profitable, stimulating work. Ideally, you would’ve adopted best practice and documented those dreams in a one-page Business Plan. The plan would specify how much cash you need…
Managing the gap between the receiving money into your business and paying money out of your business is vital for sustaining viability. Debtor days is the average number of days taken for a business to receive payment for goods or…
As businesses begin to emerge from Covid-19 restrictions, for many ‘Business as Usual’ has become ‘Business Unusual’. So, how do we navigate our way towards a sustainable new normal? During lockdown, we focused on crisis management, activating relevant Government support…
As a business owner, it’s always been helpful to have an understanding of accounting – but in the post-lockdown world, it’s never been more important to have a good grasp on your finances. With the business world irreparably changed by…
Right now, it’s ‘Business Unusual’ as businesses reopen after the Covid-19 crisis and adapt to an unfamiliar environment. We’re on the frontline of business support and we’re doing all we can to help our clients get to a new ‘Business…
From today (1st May) The UK Government have removed VAT from all eBooks. This means that in the UK you can purchase any electronic book without paying the usual 20% VAT on it. This is a great opportunity to work…
Having a great team is important in order to run a successful business. If you want your team to provide a great service, it’s important you ensure they feel valued in their job. Frequent communication is key to building a…
Cash has always been king, but it’s more important to your business now than ever. It’s a difficult time for businesses and their customers right now, and the way in which you go about asking for payment from debtors may…
We know these are difficult times for businesses and their owners. There are so many different conflicting messages and a lot of misinformation out there. After discussions with many of our clients, we thought it would be best to create…
If you would like to work with a proactive accountant and business adviser to help you grow your business and reach your goals, then get in touch! We will be happy to discuss how we can work together.
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Telephone: 0131 445 1825
info@rosslynassociates.co.uk
The Walled Garden
South Building,
Bush Estate,
Midlothian,
EH26 0SD
