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Are You Losing Money Because You're Not Pricing Right?

Are You Losing Money Because You’re Not Pricing Right?

Pricing is an art form, and is very dependent on market conditions and your ability to service that market. When costs go up the natural reaction is to say “I need to increase prices” but is this right or even possible sometimes? It’s definitely not “one-size-fits-all”, you don’t price the same way for everything. It … Continued

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ISO 9001

How to get ISO 9001 Accreditation

There are five main steps to getting accreditation: Making the decision to go for it Are you looking for new customers? Are they familiar with ISO 9001? Is there an expectation you’ll hold the accreditation? Are you keen to increase customer satisfaction? Do you need accreditation to get through a tender process? Are you planning … Continued

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Fixed Price Contracts

Are fixed price contracts good or bad for your business?

To begin this is a sad tale about a subcontractor in the house building industry, they had to fix their prices to win contracts, but didn’t put measures in place to help better protect them. At a decent margin of 40%, even with price rises of 5 – 10%, they should have made decent money.  … Continued

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Autumn Statement 2022

Summary of November 2022 Autumn Statement

If you have any concerns about your business or tax affairs in the coming months, please get in touch with us. Business Rates Business rates in England will be updated from 1 April 2023 to reflect changes in property values since the last revaluation in 2017. A package of targeted support has been announced to … Continued

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business finance

Think Your Business Needs Finance? – Part 2

Following on from Part 1, where we looked at why your business may need finance, the costs and risks of finance and how to position your business as ‘low risk’, in this blog we’ll look at: What are the alternatives to borrowing? There are many options that you can seek before turning to borrowing finance: … Continued

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Business Finance

Think Your Business Needs Finance? – Part 1

Let’s talk about cash in your business. As a business owner, there may be times when you think you need to raise finance. This is especially true when cash is tight or starts to dry up. However, there is lots to consider when borrowing money; such as the additional costs and risks to your business. … Continued

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No U Turn sign overlayed a picture of Jeremy Hunt and Liz Truss in the House of Commons after budget U turn of 2022

U-turn from Chancellor Jeremy Hunt – What it Means For You

Who likes to party and join in with the Hokey Cokey?  With today’s U-turn from Chancellor Jeremy Hunt, it would seem like it’s the Government’s favourite Covid lockdown dance! Here’s a brief, but important, recap of the key points Jeremy Hunt made in his televised address.

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