An annual general meeting (AGM) is a yearly gathering of a business’s directors and shareholders. Your business’s AGM is an opportunity for your shareholders to meet, vote and discuss the direction in which to take the business’s activities. In large companies, this meeting can be the only time during the year when shareholders and executives interact, so it’s important to run an effective AGM. What...
This month students will be returning or taking up places at their new university. In either case, managing student finances can be tough. Here are our top tips for managing student finances. Student Finance Tips Whilst investing in the future is certainly exciting, it is also a lot to think about and plan for. Between tuition fees, accommodation, study materials, meals and travel, university expenses...
A good credit score is vital when you apply for any financial product. This may be a credit card, loans, a mortgage or interest free credit, even a mobile phone contract. There are a number of factors that determine your credit score. So how do you improve your credit score? What is a Credit Score? Banks and other lenders check your credit score to help...
The recent rises in energy costs are no doubt worrying for households and businesses alike. There is little wiggle room in the energy market to seek cheaper suppliers. However there are some other ways to strengthen your business and manage business energy costs. What Caused the High Energy Costs? There are a number of factors that have led to the rise in energy costs. An...
A profit and loss statement is a precise document that outlines the income and expenditure of your business over a set period. Often produced quarterly and at the end of the financial year, your profit and loss is a clear statement of the financial health of your business. It can be used to analyse the performance of your business activities. What is a Profit and...
If you have been inspired to start your own business, it’s because you have found your superpower and you want to focus all your energy on doing what you do best. The reality is that running a business demands a whole lot more of your time to run the business, which can draw your attention away from developing the dream products or services you have...
Talking to your children about financial management is crucial if you want to help prepare them for managing their own finances later in life. Most people wish they had a better financial education early on. But even those with a good knowledge of financial management may struggle to teach this to younger generations without a sound plan. This knowledge can set them up for lifelong...
July 2021 Update – featuring additional news developments from our newsletter series. Stay informed with the latest news in business support and financial affairs. Key Dates Coming Up Payment on Account Due – 31st July If you have a tax payment on account, remember to make your payment on time, which is due by midnight on 31st July Employee Furlough Contributions Rise – 1st August...
Inflation has risen sharply this year, driven in part by price rises in products like cars, chips and furniture, plus disruption to the supply chain. Some experts think this could signal forthcoming economic instability, whereas others say that a current spike in inflation will be temporary and can be explained by the economy bouncing back. Spike in Inflation Will be Temporary The rate of inflation...
June 2021 News Update – featuring additional news developments from our newsletter series. Stay informed with the latest news in business support and financial affairs. Spike in Inflation Will be Temporary According to the Office for National Statistics (ONS), inflation rose sharply last month, driven in part by price rises in products like cars, chips and furniture and disruption to the supply chain. The rate...
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