Business Problem Solvers and Chartered Accountants

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Local Accountants Support Business Growth With Free Seminar

Well renowned accountancy firm Godfrey Mansell & Co. are delighted to be supporting local business owners and start-up companies by holding an exclusive free business growth seminar on Thursday 9th November 2017 in association with Croner TaxWise. Keen to support start-up businesses all over the West Midlands, business problem solvers and chartered Accountants Godfrey Mansell […]

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How do I Value my Business?

Most sectors of business have a formula for valuing the business based on a multiple of net profits. Accountants can usually provide the multiple for your sector. If the multiple is, for example, five times net profit, then the value calculation is simple. Bear in mind that the selling price is what someone is willing […]

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Small businesses prepared for auto-enrolment

Auto enrolment will soon be upon every business – we can help by identifying your commencement date – please call us! Meanwhile here is a case study from www.smallbusiness.co.uk With one in seven retirees leaving work without any form of personal pension, the  auto-enrolment initiative – in principle – shows proactivity on behalf of the […]

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Small firms embrace the cloud

Baacco describes itself as a “cloud-first business”, which may seem strange for a firm selling and delivering bottles of wine. Co-founder Tai Alegbe reckons the London-based marketplace could not have gained customers in the UK, France, Germany, Belgium and Spain without tapping in to around 25 cloud-based tools. “Cloud-based services and platforms have been central […]

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Are you using Kashflow Accounting in your Business?

Kashflow makes it a breeze to find the online tools you need to run your business. Say goodbye to manual data entry and connect to an ecosystem of quality third-party apps that seamlessly integrate with Kashflow. You can get point-of-sale software that sends your sales information automatically through to your accounts in Kashflow. There’s also […]

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Is there a summer surprize coming in the new Budget?

Chancellor of the Exchequer George Osborne has announced there will be a surprise second Budget in July. Following the Conservative victory in the 7 May general election, he confirmed on 16 May that there would be a summer Budget on 8 July. Writing in the Sun newspaper, Mr Osborne said: “I am going to take […]

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Have issued your P60s yet?

A reminder to business owners that they should have issued a P60 to all employees by the end of last month. All employers must provide any employee, who was in their employment on the last day of the tax year (5 April 2015), with a P60 certificate by 31 May 2015 at the latest. A […]

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PAYE Reform should be number One priority says SMEs

More than a quarter of SMEs say that simplifying the PAYE system should be the new government’s number one immediate priority, according to a survey by Bibby Financial Services. The invoice finance specialist asked 1,000 SME owners about their concerns for the 12 months ahead and found that PAYE reform was the biggest short-term priority […]

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Zero Inflation once again reported

Inflation remained at zero in March according to Daily Telegraph sources, as a fall in gas and clothing prices was offset by higher fuel costs. Inflation, as measured by the consumer prices index (CPI), stood at zero last month compared with a year ago. This is still the lowest rate since records began in 1989, […]

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Bizarre Health and Safety claims reported

A ban on paperclips in an office and the cancellation of a custard pie fight were among hundreds of issues reported to health and safety myth busters. The Department of Work and Pensions announced on 25 March that more than 600 people had approached the Health and Safety Executive’s (HSE) Myth Busters Challenge Panel in […]

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