Half of new businesses will fail within just three years of opening. That was the warning from credit checking company Experian at the end of 2023. Fast forward to today, and the looming increase to employer National Insurance contributions and various other Budget...
In business, forecasting is essential. Yet, it often gets pushed to the bottom of the priority list amid the demands of day-to-day operations. Having access to accurate data – and the ability to manipulate it to explore scenarios of scalability and growth...
As your business starts to grow, it’s easy for the focus to be on sales, operations and managing the increase in day-to-day tasks. But what often gets overlooked is the need for your finance function to scale alongside your operations. Without the right systems and...
Running a business comes with endless challenges, especially for growing SMEs that are juggling everything from managing finances to developing strategy. But, at the core of it all, there are three key areas of focus that can determine success: your People, your...
We authored our first ever Fintech Friday blog back in December 2019 where we pledged to raise awareness of the financial solutions available to SMEs as well as hints and tips to help businesses get the most out of their cloud accounting software. From payment...
For many growing businesses, there is a common misconception that once they reach a certain size, they have outgrown Xero and must face the costly and complex reality of implementing an expensive Enterprise Resource Planning (ERP) system. Whilst this is true for some...