In the rapidly evolving business sector, staying abreast of insightful trends and innovations is vital. Recognising this, the recent ‘Unlocking Pulse’s Potential’ webinar served as a knowledge hub, offering a rich platform where professionals gathered to explore the emerging facets of the mergers and acquisitions (M&A) sector. The event featured the renowned industry expert, James […]
Read More… from Webinar Wisdom in Writing: Recapping Pulse Mastery with James Gosling
Key performance indicators, or KPIs, are metrics that help businesses measure their progress towards goals and objectives. While the thought of focusing on and measuring performance indicators may not seem like a novel concept in the modern year, it was not until the early 90’s, thanks to the work of names like Peter Drucker, that […]
Read More… from What are KPIs and how can your business use them in 2023?
How often do you sit down at your desk, take a look at your emails, glimpse over your workload, and just sigh to yourself, wondering where to start with it all? Business owners, do you ever find yourself breaking into deep sweats at the sight of your cash flow forecasts, wondering where all your project […]
Read More… from Choosing the Right Business Forecasting Tools in 2023
Imagine a workplace where you can interact with smart machines and systems that can help you with your tasks and goals. That’s what Artificial Intelligence (AI) can offer you and your business. Join me as I delve into the benefits and challenges of AI in the workplace, with a focus on small to medium-sized enterprises […]
Read More… from How AI is transforming the future of work in fintech
Ah, the business credit bureau, a term that sounds about as exciting as watching paint dry, right? Wrong! In fact, it’s more like the report card for businesses, and if there’s one thing we all remember, it’s the anxious excitement of report card day! Imagine being a teacher, handing out grades to the businesses in […]
Read More… from What do business credit bureaus have to do to stay relevant in today’s world?
Artificial Intelligence – sounds quite techy and intimidating, doesn’t it? But what if we told you that these two little words are reshaping the world of small and medium-sized enterprises (SMEs) in the most delightful way? In our fast-paced digital landscape, AI is no longer a far-off concept for big corporations but a friendly assistant […]
Read More… from Taking the Leap with AI: A Friendly Hand to SMEs in Today’s Digital Landscape
In a world where change is the only constant, it’s the savvy business leader who recognises the value of a well-orchestrated business plan. Whether you’re steering a fledgeling start-up or navigating a well-established enterprise, the art of plotting your course is more vital today than ever before. But fear not, dear reader, for the year […]
Read More… from A Guide for Creating an Effective Business Plan in 2023
Ever felt like you’re lost in a jungle when you stare at the endless stream of financial data? Yeah, today’s fintech world can feel like that sometimes. It’s like standing on the edge of an impenetrable forest, trying to find a path through it all. You need more than a compass; you need a guide […]
Read More… from How to leverage data dashboards for strategic decision making
Regardless of whether you are an entrepreneur knitting woolly hats to sell on the side, squeezing your own orange juice to take to the marketplace, or you run a 5-star hotel and take millions in monthly turnover, the equation to determine your gross profit margin does not change, nor do the insights you can gain […]
Read More… from How to Calculate Gross Profit Margin and Why it Matters For Your Business
In an era where digital transformation shapes our everyday lives, the fascination with super-apps is more than a fleeting trend. For some, this transformation might be likened to switching from a toolbox with separate tools to a Swiss Army Knife – multifaceted, efficient, and incredibly versatile. Yet, in most territories around the world, the story […]
Read More… from Exploring Super-Apps: A FinTech Lending Perspective for Maximising ROI
In the bustling world of finance, it’s no secret that change is the only constant. And that’s why we love it, isn’t it? No room for monotony or complacency. Over time, the towering figures of traditional banking have managed to hold the financial helm, navigating us through the tumultuous seas of the economy. But times […]
Welcome to our in-depth exploration of scaling a fintech business successfully and sustainably. In the dynamic world of finance and technology, fintech companies are continuously striving to expand their reach, innovate their offerings, and make a lasting impact on the industry. Scaling plays a crucial role in achieving these ambitions, but it requires careful planning, […]
Read More… from What lessons can you learn from scaling your business?
Running a small or medium-sized business is no easy feat. You have to wear many hats and handle many tasks. You have the drive, the passion, and the smarts to make your business thrive, and we’re here to support you on your journey. But while you’re out there conquering the market, are you armed with […]
Read More… from Why real-time business data analytics are imperative for your SME
Have you noticed how the buzz around AI and machine learning seems to be everywhere these days? It’s like they’re the hottest topics at every virtual watercooler conversation. Well, fear not, because today we will dive into the exciting world of AI and machine learning and explore how these technological wonders can bring a wealth […]
Gone are the days when accounting was confined to dusty ledgers and manual calculations. Open Accounting is a revolution that brings transparency, efficiency, and real-time insights to our financial operations. It encourages us to embrace technology, embrace change, and embrace the power of data. But like any transformational journey, the path to Open Accounting is […]
Read More… from Challenges & Opportunities of Open Accounting for SMBs
Do you know how well your business is performing? Do you have a clear idea of what you need to do to achieve your goals? If you answered yes to these questions, congratulations! You are probably using actionable and effective metrics to measure and improve your business processes. But if you answered no, or you […]
Read More… from The Secret to Actionable and Effective Metrics
On April 1st 2022, the UK Government introduced the ‘‘Making Tax Digital’ (MTD) legislation, which effectively aimed to get rid of the old paper and pen system of recording and filing tax returns. Businesses earning more than £85k per year were mandated to move their tax returns online. Despite the earnings requirement, many traders have […]
Read More… from Which Accounting Software is Right for You in 2023?
Businesses gather thousands of data points, but the usefulness of this data can only be unlocked when it is presented in a manner that offers actionable insights. According to Forrester, between 60 and 73 percent of all data within an enterprise goes unused for analytics. This means that many SMEs are missing out on valuable […]
Read More… from How can AI and Machine Learning tools make financial data useful?
Do you know what makes some SMEs thrive while others struggle or fail? It’s not just luck or talent. It’s also about how they plan, manage and adapt to their challenges. In this blog post, we’ll reveal 8 factors that can make or break your SME and how you can use data insights to overcome […]
The success of any accountancy firm depends on its ability to bolster its profile, and a key aspect of this involves expanding its workforce. As anyone who has managed a team would know, finding the right candidates for accounting is a challenging and time-consuming process. What’s more, the rapid pace of technological advancements and demand […]
Read More… from How can your accountancy firm hire and expand successfully?
Every company, regardless of its size or trading status, needs to have a set of accounts which detail information relating to its finances. Company accounts consist of a set of financial documents and are required to be submitted by law each year to Companies House. Businesses also need to file their corporation tax return to […]
Read More… from An expert guide to understanding your Company Accounts
Chances are that you’ve heard of the term ‘Open Banking’, and you might have even begun to use this relatively new model of business-solution banking across your company, taking advantage of the benefits that it offers. But there’s an even newer kid on the block when it comes to business finances – Open Accounting. Similar […]
Read More… from Introducing Open Accounting: Your business’s new best friend
Have you heard of ‘Open Banking’? It could be something you’ve come across more recently as a business or as an individual consumer in your own right. No matter how you were first introduced to Open Banking, it’s arguably one of the biggest changes in UK retail banking for some time. But what exactly does […]
Read More… from Open Banking: What is it and how can it help your business?
Do you run a small business? If so, you’ll no doubt be aware of all the tasks of which you need to keep on top. The problem is that it can sometimes distract from the important things on which you should be focusing. Instead of concentrating on what you do best, you may get tied […]
One of the most important things that you must do as a business owner is keep track of your financial situation. Even in the good times, it’s sensible to be aware of where every penny and pound is tied up. This isn’t just about making sure you can cover any unexpected bumps in the road, […]
Read More… from Debtors vs. Creditors: What’s the difference?
There are several documents that are important for understanding your business’ financial position and outlook. Among them is your profit and loss account, also known as your profit and loss statement or sheet. Whatever you prefer to call it, knowing how to create, maintain and read one is great for understanding where your business is […]
As a small business owner, you can’t rely on feelings to gauge your business performance. You need reliable data. But understanding the myriad of metrics and jargon can be challenging, especially when many are so closely related.Business turnover is one such number. Commonly confused with profit, it’s one of the key markers that can help […]
Read More… from Business ‘turnover’ explained (without the mind-boggling jargon!)
One thing you can’t avoid when running a business is the need to spend money to make money. Staff, premises, supplies and more – there are plenty of outgoings to be weighed up with your incomings. It’s great news when more is coming in than going out. It means you’re turning in a profit. For […]
Read More… from Understanding your gross margin is essential – here’s why!
