Business

Implementing a CRM system in your business

Once your business outgrows you and a few contacts on your phone it is worth implementing a proper CRM (customer relationship management) system.  Register with ICO (Information Commissioners Office) and…

Business

How to get funding for small businesses

A compelling business plan – we’ll cover this in a separate article Track record of success – if you have a successful business it is much easier to find investment.…

Business

Till systems with stock control

Gone are the days of huge cash register full of … cash. These days most banks charge to bank cash (if you can find a branch) and HMRC definitely prefer…

Accountancy

Why bookkeeping software will help with MTD

MTD (Making Tax Digital) will require businesses to keep digital records and to make quarterly submissions to HMRC. Clearly using bookkeeping software will help businesses to comply with these requirements…

Accountancy

Improvements at HMRC?

There is a new facility for tax agents to escalate unresolved PAYE and self assessment queries after 4 weeks. You need to have exhausted the usual channels such as the…

Business

How to avoid burnout

We seem to live in a real hustle culture where working longer hours is seen as a good thing. As you know I’m a great believer in using technology or…

Accountancy

Tax return season is approaching

At Minerva Accountants we aim to get everything completed in plenty of time so that the team aren’t missing out on Christmas with their families or working overtime in January.…

Accountancy

How much cash should I keep in my business?

Another question to which the accountants answer is … it depends.  It depends on your cashflow forecast and the likelihood of all the money coming in on time. Next week…

Business

Making cash collection part of your customer service

Most small business owners hate chasing customers for payment. (The only exception I know is a client who used to send witty poems to late payers) This means that it…

Accountancy

How to improve your cashflow

Cash is king. Most small businesses fail due to lack of cashflow so here are some ways that you can improve yours: 1. Only sell on credit to creditworthy customers…