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Optima
Jan 242 min read
Cash is not profit and vice versa
The purpose of a business is to make money, and that means you need to know the difference between profit and cash flow. Net profit is...


Optima
Jan 172 min read
The value of cashflow forecasting for your business
Projecting your cashflow pipeline forwards is vital. To be able to navigate the future path of your cashflow, you need to start...


Optima
Jan 172 min read
Join the Good Business Charter and become a force for good.
The Federation of Small Businesses (FSB) has recently partnered with The Good Business Foundation to adapt the [Good Business Charter]...


Optima
Jan 173 min read
Making data meaningful in your business
Three steps to ensuring data is meaningful for your business Raw data describes the facts and figures that a business processes every...


Optima
Jan 32 min read
Changes for non doms: what you need to know.
If you’re domiciled outside of the UK for tax, you’ll need to get yourself up to speed on the recent announcement from the new Labour...


Optima
Jan 32 min read
Measuring the health of your business with ratio measures
When you’re running a business, it’s easy to get caught up in the day-to-day activity and lose sight of the big picture. Taking stock of...


Optima
Jan 32 min read
Succession planning for small businesses
It takes guts to start a business. It also takes a strategic mindset to succeed. Business owners are no strangers to weighing risk and...


Optima
Dec 6, 20242 min read
VAT on private school fees: what you need to know.
If you have children that attend a UK private school, the recent announcement around VAT on school fees is likely to be a major concern....


Optima
Dec 6, 20244 min read
Should you buy or lease your business assets?
There are certain items of equipment, machinery and hardware that are essential to the operation of your business – whether it’s the...


Optima
Dec 6, 20242 min read
Following up on invoice payment in a down economy
It can feel challenging to chase up payment of invoices when the economy has been down, but it is important to keep cash flowing into...


Optima
Nov 25, 20242 min read
Keeping your tax and expenses in check when you are self-employed
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills...

Optima
Nov 25, 20242 min read
How to use forecasts and scenario-planning
For centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to...


Optima
Nov 25, 20243 min read
6 Powerful Reasons To Watch Your Financial Reports
Making time to look over your financial reports each month is an important task for any business owner. If you are not taking time to do...


Optima
Aug 22, 20244 min read
Three questions for business success. Part 3 Pricing.
In this series, we will see how three questions for business success are approached and provide some practical tools and techniques for...


Optima
Aug 22, 20243 min read
Three questions for business success. Part 2 Value Proposition.
In this series, we will see how three questions for business success are approached and provide some practical tools and techniques for...


Optima
Aug 22, 20243 min read
Three questions for business success. Part 1 Ideal Customer.
In this series, we will see how three questions for business success are approached and provide some practical tools and techniques for...


Optima
Jul 22, 20244 min read
Harnessing Tech Advancements in Retail: A Guide for Small Businesses
In today's rapidly evolving retail landscape, technology is not just a tool but a transformative force. For small businesses, embracing...


Optima
Jun 24, 20242 min read
Why Productivity matters and what you can do about it.
Productivity is a term associated with strong economies, robust businesses and the efficiency gains of clever staff. If only businesses...


Optima
Jun 24, 20244 min read
Harnessing Tech Advancements in Retail: A Guide for Small Businesses
In today's rapidly evolving retail landscape, technology is not just a tool but a transformative force. For small businesses, embracing...


Optima
Jun 3, 20244 min read
DIY accounting vs hiring an accountant: make the right choice for your business
When you’re starting out as a small business owner, the temptation is to go DIY with your accounting. Hiring a professional accountant or...
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