How do you tell if your business is prepared for exit?

Posted on: 09 January 2020

By Karen Stocker Estimated Reading Time: 2:00 minutes We are frequently asked, “what does an exit ready business look like?”.   This article introduces the seven key factors which affect value in the eyes of an acquirer and what a business prepared for exit looks like.  It also reveals how you can assess how ready your business is for exit. For some private companies, an exit may not be an immediate priority, … Continue reading

The office Christmas Party – what employers need to know

Posted on: 27 November 2019

By Peter Molloy Estimated reading time 2.5 minutes The office Christmas Party can be a big issue for HR and company directors. What happens when something goes wrong? When ‘a glass or two’ too many leads to a careless word or act that could be considered unacceptable? Here’s our guide on how to reduce the risks of inappropriate behaviour. The party season is here again and employers large and small … Continue reading

How technology is reshaping the future of the finance department

Posted on: 19 November 2019

By Matt Smith Estimated reading time: 4:00 minutes Technology is transforming the way finance departments in small and medium-sized businesses (SMEs) operate. Cloud computing, big data and automation are revolutionising this core department, irrevocably augmenting how finance professionals are now analysing every aspect of business performance. As efforts to embrace and integrate the latest trends gather pace, we explore how technological progress is reshaping the future of the department. Before … Continue reading

Don’t miss out on R&D Tax Incentives for 2017

Posted on: 31 October 2019

Year-end 31st December? Don’t forget, with all the election commotion, if your business’ year-end is 31st December; you’ve got only eight weeks to claim for qualifying R&D activity undertaken in 2017.  Use it or lose it! R&D tax credit claims can be backdated for up to two years after the end of the financial year during which the R&D activity itself took place – meaning a claim can theoretically be … Continue reading

Employee disputes don’t just happen to big companies

Posted on: 29 October 2019

You might think that employee relations issues are the preserve of the big companies, but they are just as likely to affect startups and emerging companies too. One of the biggest dangers is ignoring an employee relations dispute and hoping it will go away.  It rarely does. Around 1.2 million people contacted ACAS last year alone whilst claims rose by 29% from 1,700 to 2,200 per week. Compensation awards are … Continue reading

Start-up FD; who are they and how are they different?

Posted on: 17 September 2019

There is no getting away from it; a full-time finance director is a prohibitively expensive resource for most early-stage technology businesses. So frequently in the early days, the Founder handles the strategic financial challenges, and a financial controller or finance manager (or indeed office manager) keeps Companies House and HMRC happy as well as getting the invoices issued and the bills paid. Nevertheless, the business will eventually outgrow these accounting … Continue reading

How will taxation reforms of consultants (IR35) affect SMEs?

Posted on: 01 September 2019

The IR35 tax rules that apply to consultants working in the private sector through intermediaries such as personal services companies will change from the new tax year (2020). The reforms will mean that the qualifying business using such consultants will have new responsibilities for the administration of HMRC related payments and may incur additional costs. What is changing? In summary, where the new IR35 rules apply it will be the … Continue reading

Top 10 Holiday Leave Facts for all Employers

Posted on: 20 August 2019

As we come up to the most popular holiday time of summer, the August Bank Holiday weekend, we thought today would be the perfect time to remind employers of their obligations with regards to managing annual leave. The UK minimum annual holiday allowance is 28 days for full-time employees, which includes the eight bank holidays. These are the ‘statutory’ days.  Remember that workers do not have an automatic right to … Continue reading

Isosceles Sponsor Cambridgeshire Community Rugby Team

Posted on: 02 August 2019

We were delighted to have the opportunity to sponsor the 2019 tour kit of the U16s rugby team at Shelford Rugby Club (with Ensors, YuTree and the Cambridge Building Society) for their post-GCSE tour of Holland.  They took a squad of 17; although two were sadly forced to spectate after sustaining injuries earlier in the season! Andy Taylor, our man in Cambridge, is rightly so their very proud Coach.   … Continue reading

Employing staff in the UK? A guide for overseas companies

Posted on: 20 July 2019

(Updated 19 February 2019) If you’re an overseas business looking to build a presence in the UK, or a start-up about to hire your first employee, it’s worth taking a bit of time now to understand the legal framework that will apply when employing staff in the UK. While we can’t detail all employment law in one article, we can give you an overview of key areas. First of all, the … Continue reading