When it comes to selecting an accountancy firm, businesses can feel a little overwhelmed by the range of choice presented on the local market. It is easy to be intimidated by approaching a larger accounting firm. There is a common belief that the high level of service offered by these larger accounting firms comes at a greater cost.

“Open banking” is a new directive which was introduced in the UK in January. It has the potential to fundamentally change the way companies manage their finances, access capital and make strategic decisions. A number of innovative companies are currently testing and developing uses for open banking by registering licences from the Financial Conduct Authority. In this piece we explore some of its most useful potential applications for businesses.

A comprehensive summary of the Spring Statement 2018.

Since the financial crisis it has become even harder for SME businesses to access debt finance and growth capital.

However, over the last decade a plethora of different funding options have emerged, facilitated by generous tax breaks from the Government as well as technological developments.

In this article we discuss the importance of developing a relationship with a good accountant, and invite you to take part in the Cottons Tax Challenge.

The new calendar year is a great time to take stock of your finances. Reviewing your finances in January and February provides sufficient time before the end of the tax year, at the beginning of April, in order to make sure that you are fully utilising all of the tax reliefs which are available to you.

Small business owners tend to work in an evolving, fast-moving market and it can be challenging to know how your business should grow in order to be successful in the future.The key to being ahead of the rest is being proactive and innovative whilst taking note of key trends

So, what small business trends are in store for 2018?

As banks become more open to lending to all sorts of businesses again, this article explains how to obtain bank funding.

Invoice Factoring can provide a solution to funding for many small businesses. This article tells you everything you need to know about invoice factoring.