It's 12:59pm on Sunday 20th May, 2012

Budget 2012: Employer NI holiday would help owner managed businesses

Damian Walmsley, partner at Moore and Smalley, calls for a National Insurance holiday to help owner managed businesses as well as targeted help for the construction sector. The Government has made it clear it intends to stick to its deficit reduction plan and so this is likely to be another Budget without major concessions. However, [...]

Posted by
Damian Walmsley
in
Advice for Businesses, The Budget
On March 14 2012

Understand “customers’ customers” in light of Eurozone problems

With continuing economic problems affecting the Eurozone, companies need to gain a better understanding of how this could impact on their business. It’s thought the financial worries gripping countries such as Greece, Spain and Portugal could tip the UK back into recession because the EU is Britain’s main trading partner. While this should not discourage [...]

Posted by
Damian Walmsley
in
Advice for Businesses
On January 11 2012

Strong management will see businesses through 2012

The next 12-months will be another challenge for owner-managed business, but we all felt that way at the beginning of 2011 and 2010 and most businesses have survived. People still talk about possible ‘economic Armageddon’ scenarios, but we appeared to avoid the worst in 2008 and 2009 and the UK is in much better shape [...]

Posted by
Damian Walmsley
in
Advice for Businesses
On December 16 2011

The benefits of a profit improvement programme

A profit improvement programme enables business owners to move forward armed with information on performance that helps them to make crucial decisions on timing and direction. This contrasts with annual accounts which tell you how the business did in the previous year. Although important lessons can be learned from examining what went well and what [...]

Posted by
Damian Walmsley
in
Advice for Businesses
On November 4 2011

How to keep in control with management information

Consistently updated management information is crucial to maintaining and improving business performance. Damian Walmsley explains why. You wouldn’t drive a long distance in your car without regularly checking your dashboard instruments. What if you were running low on fuel at the half-way point? Or your engine was overheating? The same principle applies to using up-to-date [...]

Posted by
Damian Walmsley
in
Advice for Businesses
On March 15 2011

Survey reveals ‘skill and flair’ of Lancashire business owners

•  Over 90 per cent of businesses have maintained or increased sales •  72 per cent confident of investing in their business in next 12-months •  Almost half plan to increase staff numbers Confidence is returning to Lancashire’s business community with many companies increasing sales and staff numbers in the last 12-months and making plans for [...]

Posted by
Damian Walmsley
in
Moore and Smalley news
On October 8 2010

Jargon buster: What is amortisation?

Amortisation is effectively the depreciation of intangible assets – any assets that don’t have a physical form and don’t give the owner specific financial rights. Among intangible assets are deferred tax assets, patents, copyrights and capitalised research & development. They differ from tangible assets which include securities, financial instruments, bank deposits and debt – and, [...]

Posted by
Damian Walmsley
in
Advice for Businesses, Tax
On April 19 2010