Skip to main content

Posts

Showing posts from 2016

Brenig Construction: Turnkey Project Management You Can Rely On

What is the role of a project manager, and why may you need one? A project management firm are specialist contractors which represents you in a build, and is responsible for the day to day management of a project or a building. Essentially, a project management firm’s job is to make sure that the construction team or unhindered and their work is making good time – and the job’s not even half as easy as it sounds. With the construction industry flagging behind in terms of adapting new technologies and generally being quite resistant to change, its little wonder that most projects don’t finish on time and certainly not to budget. In North Wales, there’s a mass of firms out there, but Colwyn Bay based Brenig Construction, which also offer civil engineering in Gwynedd , they have the experience which is needed to make sure that your project is seen through on time, and to the very end by assisting construction firms with what they need, in order to follow through. Brenig Constr

BiS Insurance – Protection for the Worst

Insurance is quite a tricky subject, as no-one wishes to think about the worst happening to their business. On the other side of the coin, no-one likes to think of years and years of premiums going out and the worst not happening to their business! It can often feel like false economy paying premiums for something which may not happen – but it should be noted that a good businessman or businesswoman comes prepared. What kind of protection are you looking for? BiS Insurance commercial insurance brokers Llandudno have branched out to offices based in Manchester, Liverpool and Chorley – and they have a multitude of policies which are designed to cater to a wide variety of businesses and give them the level of protection they need. This helps alleviate a lot of insurance gripes and groans, and they can help you in a number of ways. There’s no one size fits all policy with BiS Insurance – they’re large enough to matter (and to get you a variety of highly competitive rates) but th

Automate Your Cash Flow With an Accountant

Every business looks to simplify the process of money going in and going out, in order for it to be more easily invested later down the line. The help of a chartered accountant in North Wales can be imperative in truly automating cash flow, and this is mostly through a technique called Cash Sweeping. While indeed quite a complex procedure, (and certainly not one to DIY) cash sweeping is useful for concentrating your company’s balance in a single place, which then enables your company to place funds in larger financial instruments, at a much higher rate of return than drips and drops, here and there. It’s quite usual for a cash sweep to occur at the end of every working day, though a good accountant will examine your business and work out a schedule that benefits your business. There’s no one size fits all approach to this, and a good accountant will recognize that fact and advise you based on what is best for your business, and your businesses circumstances and needs. Makin

Due diligence – Avoiding Fool’s Gold

Due diligence is a vital part of business culture nowadays, and the term itself is telling of it’s importance. The investigation of an individual or a business prior to signing a contract, for many businesses which demand a certain standard of care – due diligence is perhaps the only way to truly know what’s on the cards – much less know if your investment is too good to be true. A good accountant in North Wales and beyond will investigate a number of factors as part of acquisition analysis, whether it’s an industry-specific acquisition or asset based. This can involve a number of factors, and the process is absolutely and entirely different depending on the company which they are taking a closer look at on your behalf, but the most basic of everything to look for is a good, long look at the employment records of your new purchase. For instance, looking at the types of employees within the company itself indicates the varying functionality of the company, such as production

Marine Trades Insurance – What You Need to Know

If you make a living from the sea, you’ll likely know all about Marine Trades Insurance. Most Insurance Brokers in North Wales and beyond don’t really go for writing Marine Insurance policies. Even then, they can be somewhat convoluted, and quite difficult to understand – which doesn’t leave you in the best sort of spirits that you’re well and truly covered, should worst come to worst. However, there’s some Insurance Brokers in North Wales and beyond that can give you a really competitive deal on all manner of Marine Trades Insurance North Wales or otherwise, and of this group, there’s one that seems to be absolutely perfect, given its central location in Llandudno and excellent service record of providing commercial insurance in North Wales and beyond, being powerful enough to get a business back on track should the worst happen, but small enough to give a personal service all the way through. None of us like communicating on the telephone (or more accurately, talking to

Our Guide to Choosing the Best LED Supplier for You

We love the LED Industry. With countless years of research, development, financial backing and enthusiasm behind it, this little fledgling incentive to save the planet has become an absolute behemoth – with LED products, with their truly remarkable long life, considerable power savings and excellent value for money turning countless businesses, companies, councils and even governments toward committing time and money in order to retrofit existing amenities to support brand new LED lighting. Of course, money is the driving factor when it comes to most LED retrofits – the certainty of saving a lot of money through the utilisation of LED devices is very alluring, and the benefits of which will be reaped for years to come, but the environment is also a large factor which simply can't be ignored. The world, unfortunately, is at breaking point. With humanity causing varying problems within the environment, it’s a sad fact that we may very well leave those that come after us – th

The Bigger They Are: A Case For Accountants

Many of us seem to think that accountancy is easy. For the uninitiated, keeping track of one’s accounts is a simple act of addition and subtraction, though it couldn’t be further from the truth. Accountancy is quite an in-depth affair, and even small businesses can struggle when it comes to meeting regulation and meeting basic standards – standards that are rising with the Government’s introduction with Making Tax Digital, and it’s much feared quarterly tax report. The services of a good chartered accountant in North Wales or further beyond are absolutely invaluable – take the recent, and rather well documented case of Upul Eshine Kulasinghe- the 68-year old director of Pure Strategic Limited. Unfortunately, Kulasinghe was disqualified from his position as company director after an insolvency service investigation found that he had failed to maintain and preserve adequate accounting records. Kulasinghe furthermore failed to verify £274,346 of company expenditure. Likewi

Making Tax Digital – Make Sure It’s Right

HMRC have been consulting on the digitalization of tax returns for quite a while now, and it’s findings have been somewhat disturbing for small businesses. The Making Tax Digital project has been much vaunted by the government since its establishment within mid 2015, and the project is well known to impose quarterly digital tax recording upon small and medium sized enterprises.   This is mostly due to the fact that under the new system to provide taxation information online, mandatory quarterly digital tax reporting. Without the aid of a chartered accountant in North Wales or beyond, this can be rather daunting for most small to medium sized businesses – especially given the fact that it has been reported that most businesses that do not benefit from the aid of an accountant and tax advisor service do not keep electronic accounts of detailed records. A report by Lloyds Bank states that “1.4 million small businesses have no digital skills whatsoever” and HMRC has recentl

Unitisation and Redetermination

Boring, searching for and obtaining what is buried underground can be a very challenging activity for even the most accomplished of companies, as sub-surface strata can only be very vaguely defined, and the challenges within such numerous and unique. In circumstances where the act of obtaining valuable resources can be problematic and very trying as a matter of course, the questions of where the resource is, how much of it there is, and who exactly has the right to obtain it are absolutely critical events which simply cannot be ignored. It's a fact within any sort of project that Unitisation and Redetermination Expert Witness services are crucial in it's field life. Within the equity process, excellence in technical evaluations, proper understanding of procedure, excellent time management and utterly critical evaluation of points of argument all contribute directly to success, and you’ll want an expert service which has proven itself when it comes to equity work. Lo

Some Light Manufacturers Don’t Want You To Switch – Here’s Why

LED products, be them LED strip lights , rope lights, colour panels, bulbs or lamps, are providing to be unbelievably popular. Large city councils have started actively retrofitting existing street lighting in order to take advantage of the wealth of money which can be saved with the conversion, homeowners have started to retrofit houses and enjoy amazing creations such as LED wallpaper, and commercial premises seem to each be taking advantage of the fantastic displays and focal points which can be created with LED Lighting. But, there’s a few companies out there which still have a massive stake in inefficient, deadly and extremely bad for the environment products such as CFL and Halogen bulbs, and all manner of silly statements are made in order to subvert consumers from making the switch. Some of these are that LED lighting has an expensive installation price. Others range between more and more ridiculous subjects, such as LED lighting will interfere with your sleep patterns,

The Best Support for your Venture

In matters of reservoir simulation and engineering studies, one company springs to mind across multitudes situated worldwide. ERC Equipoise are a London-based independent oil and gas reservoir evaluation company with offices in Singapore and Dubai, which stand head and shoulders above their competition when it comes to matters of reservoir engineering study and simulation. ERC Equipoise combine a wide variety of industry technique, practical experience and know-how and their talented team of geoscientists have enough expertise to truly maximise the use of data within their reservoir engineering studies. When it comes to it, Independent Oil Companies want and need a clear understanding of their assets, as well as the limitations and uncertainty involved within analysis of their sites to prevent mismanagement of assets and loss related to it. No two projects are ever the same, and ERC Equipoise come equipped for anything – regularly called upon to provide anything from

How a Business Can Use a Bridging Loan

If your business is seeing rapid growth and you’re considering new premises a bridging loan might be for you in financing your new property.  The very nature of a mortgage means that it can be a very slow process, whist bridging loans are characterised by a much speedier process. Not to be considered as a long term financing solution, they are usually set at a higher interest rate. But what are the other benefits of a bridging loan to a business compared to a mortgage. Buy Property Fast As noted above, applications for a bridging loan are usually much shorter due to their nature of being a short term financing solution, bridging the gap until a longer term financing solution comes into place. The introduction of the Mortgage Market Review (MMR) rules in April 2014 means that the application process for a mortgage is a lot more rigorous. Of course, great property’s come and go very quickly which means sometimes you need to act fast. When you’re buying from a property auction

Proper Identification of your Business

Properly specifying the type of your business is not an optional thing. For many which have their own business, be them self-starters or those who have been in the game for a very long time and wish to expand, they are either Sole Trader Companies or have ownership of a Limited Company. Regardless of the type of business you own, it is important for you to identify it properly so it can pay the taxes appropriate to it’s size and business model. It is imperative to know the differing types of businesses out there – and when you wish to change the type of business you operate, the services of an accountant in North Wales can help you with what you need to do. Most businesses start as Sole Trader Companies. The enormous draw of doing so is that Sole Traders do not need to register with the HMRC. As a Sole Trader, you and your business are essentially the same thing. Any event to happen to your business, (good and bad) legally is happening to you. As such, you are allowed, as a So

It’s Time For Your Audit – What Now?

If you run a small business, you don’t have to commission a company audit, but all public companies still need at least one on an annual basis. Many private companies produce audited figures if they perhaps have external investment, or are attracting investment. Don’t think of an audit as a bad thing – most chartered accountants in North Wales will endeavour to make the process smooth, manageable, and painless. After all, that’s what an audit is, at it’s heart – the opportunity to detect problems and abnormalities that might indicate either dishonesty, or a lack of control in some areas of your business. Auditing is essentially a process. An audit involves the reviewing and investigation of any aspect of a business, financial (in the areas of accounts or stock) and nonfinancial (human resources policies, quality and safety policies, to name a few.) An auditor working with a good accounting firm will be fully trained to spot areas of needed improvement, potential danger and incid

Stepping Up Your Game Doesn’t Have To Break The Bank

How customer-friendly would you say your business is? In 2016, it’s safe to say that every business under the sun is faced with an overwhelming amount of scrutiny from customers and non-customers in the face of online rating services such as Yelp and TripAdvisor. They're not going away, either. There are countless emerging rating systems such as TruRating, it appears that this scrutiny is not going away. With the reinvention of word-of-mouth in the form of ratings websites, business chains are spending stupendous amounts of money on ways to offer “experiences” and like all things, it’s getting a little bit ...well, fake. Why not stand apart from the competition in small, simple, thoughtful ways such as having a little bowl of sweets by your till? Our favourites, by the way, are Chupa Chups Lollipops . Perfection! Is such a small gesture really enough to offer a great customer experience though? Well, no. Of course, the tenets of customer service still indeed have to be fol

New Coworking Space vs Traditional Office Space

Traditional offices are slowly undergoing somewhat of an identity crisis. For some industries, it is shifting to the point where we don’t actually need physical offices anymore. Many workers could quite simply work from Starbucks or Café Nero - or hotdesking/collaborative spaces such as The Drum Coworking North Wales . Rewind time, and we find that offices were required to support its occupants in performing their jobs, at minimum cost and maximum satisfaction. It was a communication hub that was established in order to receive mail, meet with business colleagues, and ensure employees were getting their work done. Are these the values and reasons why we use traditional offices now? Mail service may still be relevant – though even that is hugely digitalised nowadays. We are able to communicate easily and concisely with one another without even being in the same city. Business decisions, big or small, can all be made through email, instant messaging, video calls and shar