by Tracy | Nov 22, 2024 | Business, Personal Finance
When your business needs new plant or equipment, what’s the best choice – buy or lease? The answer will depend on your specific circumstances, but there are some basic considerations to help you weigh up the options. The advantages of buying Buying gives you certainty...
by Tracy | Nov 21, 2024 | Uncategorized
Inadequate cashflow is a symptom of management problems in a business, NOT the cause. Helping our clients look ahead with confidence and putting in place basic cashflow maximisation strategies is core to our purpose as your accountants. Cashflow planning is best...
by Tracy | Nov 1, 2024 | Business, News
As a small business owner, you might find yourself wondering whether you need a bookkeeper, an accountant, or perhaps both. The roles of bookkeepers can sometimes seem a bit mysterious, but they are crucial to the smooth operation of any business. Bookkeepers are...
by Tracy | Nov 1, 2024 | Business
Inflation may be down but there’s still real uncertainty for business owners. We’ve been trading in challenging times for a number of years now. Knowing what step to take next is a key worry, we know you invest more than simply time and money into your business. It is...
by Tracy | Oct 24, 2024 | Business
As the owner of a family farm, you’re not just running a business. You’re responsible for the future of the family’s legacy and the financial security of your nearest and dearest. You’re also the custodian of the land, livestock and environment that makes up your...
by Tracy | Oct 11, 2024 | Business, News
Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re most likely to occur, and to have...
by Tracy | Oct 11, 2024 | Business, News
Is your business model as solid and future-proof as you think it is? Small businesses face a number of challenges in 2024, with the business environment, globalisation, technological change, and difficult economic conditions all playing a part. However, with...
by Tracy | Oct 4, 2024 | Personal Finance, Tax
Contracting or freelancing requires you to wear a lot of hats. Relationship-building, keeping track of your time, marketing your skills and actually doing the work. But one of your priorities should also be establishing how you handle your money and setting the...
by Tracy | Oct 4, 2024 | Business
In today’s fast-paced business environment, the average business owner often finds themselves needing an additional four hours in their working day just to complete their admin tasks, as highlighted by recent research from OnePoll. If your team is spending 20...
by Tracy | Sep 20, 2024 | Business
Running a successful business isn’t just about generating revenue. It’s also about understanding your revenue drivers and how to optimise them for growth. At Coastal Accounting, we specialise in helping businesses like yours unlock their financial potential. Through...