How to Run a Lean Manufacturing Business Model

Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge – one that can catch out many new business owners. This is why running your enterprise using a lean business model is such a good idea. By...

How Do Capital Allowances Reduce Your Tax Bill?

Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases (things like machinery, equipment or vehicles), these purchases are treated slightly differently. To reduce your tax bill when purchasing...

A Tax Promotion for Emma Brierley

The Directors at Horsfield & Smith are delighted to announce that Emma Brierley has been promoted to Tax Manager with immediate effect. Peter Alvarez, Tax Director, commented: “Emma has been instrumental in growing our advisory offering and she has supported us in...

Get in Control of Your Inventory to Improve Efficiency and Cash Flow

As a manufacturing or product based business, efficient stock management is a big part of running a smooth operation. But the way we manage stock and inventory has changed radically in the past decade, in no small part due to the evolution of inventory technology....

Top Tips for Choosing the Right Accounting Software

How to find the best option for your business. In today’s fast paced and competitive business environment, having the right tools and systems in place is crucial for success. However, one tool that sometimes goes overlooked is accounting software, which can help you...

4 Key Areas to Think About When Purchasing a Buy-to-Let Property

Purchasing a buy-to-let property is an increasingly popular way to invest in your future and to give you and your dependents some financial security. But starting a property portfolio and becoming a landlord is something that requires plenty of thought before you dive...