Cash flow is one of the biggest challenges any business has to face and is especially time consuming for owner-managed businesses. Good cash flow management is critical to ensure the success of your business. The Horsfield & Smith team thought it would be useful...
As a business owner, your profits are your reward for all your hard work and are the only accurate measurement of your success. Profits stimulate growth, support the business owner, provide for the wellbeing of staff and determine the success or failure of a business....
Accurate and up-to-date financial records play a vital part in the success of any business. Many business owners try to save money by doing their own bookkeeping or delegating it to another member of staff. By doing so, they are using up valuable time and effort that...
What is an Exit Strategy? An exit strategy or “succession plan” is a plan for when you want to leave your business. Most entrepreneurs sell their business for a change of ownership. Executing a well thought out exit plan or strategy can significantly increase your...
