Sollertia Blog

When you start a new company, you aren’t usually considering an exit strategy at the same time. However, the business structure you decide on could affect your Read more

Suppliers are an important part of your business. In addition to providing services and goods for your company, they also offer information and credit when required. Without a Read more

Forecasts are essential for your business, both for growth and survival. Planning is a crucial part of running a company but so are all the other duties, which is why business owners sometimes fail to produce forecasts. By outsourcing finance and Read more

Stock management is a complex task. You must have the correct amount of the right lines available to be able to meet demand, but buy in too much and you are tying up money that could be used in Read more

If you are a business owner, the likelihood is that you have to pay tax, including corporation tax, income tax, capital gains tax and others. Although most business owners are happy to pay the Read more

Acknowledging problems with your cash flow is a skill often learned the hard way – that is, when issues have actually occurred. Not all snags are connected with the finances of the company, especially if you outsource accounting; indeed, some will be to do Read more

Reporting on the past year in business is essential for you to plan for the year ahead. Preparing financial statements is a time-consuming process, especially when you have to analyse results and produce reports. Outsourced accounting services usually Read more

Managing expenses and slashing costs can have a big impact on cash flow. A company has to have a healthy cash flow and, for many businesses, it may seem natural to Read more

Budgeting has to be done at least once annually when planning for the year ahead, but you may also have to revise your budget if you experience fluctuations in your finances during the coming 12 months. This may be a daunting task, especially if you are a new business owner, but a reputable accountant can use a variety of information to produce a Read more

Managing cash flow is down to some basic principles: having more income than expenditure, money arriving in a timely manner, and healthy sales. Forecasting sales and expenditure is a crucial part of managing cash flow, which is where an outsourced accountancy service is Read more