The suspension is over. HM Revenue & Customs (HMRC) has relaunched its Business Records Check (BRC) initiative today. The purpose remains the same. HMRC intends to check the adequacy of business records being maintained by Small and Medium sized Enterprises (SMEs), but the process has changed. HMRC now intends to: Write to those SMEs selected […]
Maintaining Positive Cash Flow
In today’s economy, difficulties with cash flow are quite frequent as customers take longer to pay their bills and banks tighten credit facilities. As a result, many business owners find themselves in a reactive cycle when it comes to matters of cash flow. Each month, managers strive to keep their cash flow profitable while costs […]