Why a financial model can help put your best business foot forward

Businesses seeking capital are faced with an obligation to provide financial projections to potential stakeholders. Frequently businesses are not resourced to present financial projections in the form of a bespoke and dynamic financial model as this is a specialised area of finance. However the ability to provide a well-built dynamic financial model can make a company more investable, on the basis that the underling business model is sound.

Non-dom tax update

Following the end of the tax year on 5 April, many long-term non-doms (broadly speaking, those who have been UK-resident for 15 years) will be completing a tax return on a worldwide basis for the first time. Some points for them to bear in mind.

Retirement postponed! Lack of exit strategy a problem for SME directors

A growing number of SME company directors are now stuck running their businesses into their 70s instead of retiring, as they haven’t planned their exit early enough. 

Our latest research reveals that one in eight (12.3%) directors of small and medium-sized businesses are aged 70 or over – some 73,430 people in 2017/18*. This is up from 72,400 SME directors over 70 the previous year. 
 
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