Blog & Resources
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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 land. So, do you have a plan in place for […]
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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 measures in place to spread your income and […]
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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 measures in place to spread your income and […]
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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 challenges come opportunities. Is your business prepared to adapt and thrive in this evolving landscape? How will […]
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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 hours per week on tedious and unproductive admin, it’s detrimental to both your business and […]
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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 expert accounting, personalised financial planning, and strategic business advice, we guide you towards success. Whether you’re managing […]
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Once you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? After guiding the helm of your company, it will be tough to let go. But if the circumstances are right, there’s no reason why exiting the business should be a sad occasion. […]
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Once you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? After guiding the helm of your company, it will be tough to let go. But if the circumstances are right, there’s no reason why exiting the business should be a sad occasion. […]
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The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king? How do profit and cashflow […]
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Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts isn’t every entrepreneur’s top skill. If you are new to company accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The profit and loss report and the […]
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I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing? First some practical distinctions to compare working ‘on’ and working ‘in’. With the above in mind here are the 5 most important activities […]
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Childcare can be one of the biggest expenses for families with young children, and that’s where FamilyBoost comes in. FamilyBoost is a quarterly payment from Inland Revenue that helps eligible households with the cost of early childhood education (ECE). If you’re caring for a child aged 5 or under, you could get up to 25% of […]
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Keeping on top of your cashflow is even more important during tough economic times. With global uncertainty, recent high inflation, energy prices soaring, supply chain challenges, cash is likely to be tight over the coming year. Cloud technology and fintech apps, can give your business the best possible control over its cash. Why is cashflow […]
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At the early stages of your start-up journey, access to credit can be a lifesaver. Cashflow is tight, customer revenue can fluctuate wildly and large-scale bank loans and external funding may be in short supply. In this situation it might seem counterproductive to apply for a business credit card – a move that adds to […]
Next post →
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king? How do profit and cashflow […]
category
Next post →
Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts isn’t every entrepreneur’s top skill. If you are new to company accounting, or simply want to expand your knowledge, we can help explain the foundational reports. The profit and loss report and the […]
category
Next post →
I’m sure you’ve heard about the need to work ‘on’ your business as well as working ‘in’ your business. But have you ever stopped to think what exactly you should be doing? First some practical distinctions to compare working ‘on’ and working ‘in’. With the above in mind here are the 5 most important activities […]
category
Next post →
Childcare can be one of the biggest expenses for families with young children, and that’s where FamilyBoost comes in. FamilyBoost is a quarterly payment from Inland Revenue that helps eligible households with the cost of early childhood education (ECE). If you’re caring for a child aged 5 or under, you could get up to 25% of […]
category
Next post →
Keeping on top of your cashflow is even more important during tough economic times. With global uncertainty, recent high inflation, energy prices soaring, supply chain challenges, cash is likely to be tight over the coming year. Cloud technology and fintech apps, can give your business the best possible control over its cash. Why is cashflow […]
category
Next post →
At the early stages of your start-up journey, access to credit can be a lifesaver. Cashflow is tight, customer revenue can fluctuate wildly and large-scale bank loans and external funding may be in short supply. In this situation it might seem counterproductive to apply for a business credit card – a move that adds to […]