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Showing posts from November, 2016

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.
Making Money From …

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, materials m…

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 countless “dia…