Small Business Accounting

Struggling with Small Business Accounting?...

Struggling with Small Business Accounting? Check Out these Steps to Simplify Not a secret anymore, COVID-19 has turned our lives upside down for the better part of last and partially this year. To cushion this, we reach out…

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Work Life Balance

A Small Business Owner’s Guide...

A Small Business Owner’s Guide to Having Work-Life Balance Believe it or not! As a small business owner, balancing your life and your work can pose a challenge. Our goal at Ernest & Co Accountants is to help reduce…

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10 Ways to lift your margin

10 Ways to lift your...

There’s always room for improvement at the margin; small tweaks can massively boost your bottom line! How much extra would a 1% increase in gross margin give you? Improvements can always be made at the margin. Small tweaks…

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Claim Research & Development Costs

Can I claim a research...

Carrying out research and development (R&D) can be an expensive part of developing your product/service and growing your business. So, finding a way to claim back tax against your R&D costs is a sensible way to reduce your…

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Focus on Profits or Cashflow

Should I focus on profits...

Should I focus on profits or cashflow? Turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business?   Cashflow…

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Better Access to Funding

DO YOU NEED ACCESS TO...

If you want to strengthen your capital position, now’s the time to take action and to start thinking about your funding needs as a company. Talk to us about creating a funding strategy. Cash is the fuel that…

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Financial Management

Financial Management Goals for Your...

Financial Management Goals for Your Small Business By now, we all know about the giant company Apple who were on the verge of bankruptcy but was bailed out by rival company Microsoft. Chrysler is another example.   Through…

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Loans to Directors

Are loans to directors and...

If you’re a director then taking out a director’s loan against the cash in your limited company might seem like a sensible thing to do. But the reality is that overdrawn loans to directors can lead to unintended…

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