We are delighted to be able to welcome all of our friends back to our first face to face seminars since 2020. Coincidently, the subject of our last, pre Covid seminar, was the 2020 Budget, a lot has changed since then! Registration Link Lisburn 21 March Registration Link Lurgan 22 March We anticipate that Jeremy…
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Xero Demo Video
Xero have kindly helped us to produce a Co Branded video. It briefly demonstrates how Xero can help you streamline your finance function, we hope that you enjoy it. [embed]https://mcclearyaccountants.com/videos/McCleary-Company-Ltd-Xero-demo.mp4[/embed]
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Profit improvement strategies for SMEs
Enhancing Operational EfficiencyOne of the most effective ways to improve profitability is to review operational efficiency. Cutting unnecessary expenses, streamlining processes, and adopting cost-effective solutions can significantly reduce overheads. This might involve renegotiating supplier contracts, embracing automation for repetitive tasks, or outsourcing non-core activities such as bookkeeping or IT support.Optimising Pricing StrategiesPricing strategies play a…
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Spring Statement March 2025
The upcoming Spring Statement, scheduled for March 26, 2025, is shaping up to be a pivotal moment for Chancellor Rachel Reeves and the UK economy. Based on recent reports from the accounting press and national newspapers, here's what we might anticipate: Economic Context and Fiscal ChallengesThe UK is currently grappling with sluggish economic growth, elevated borrowing…
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20 Cash Flow Warning Signs Small Business Owners Cannot Ignore
Cash flow is the lifeblood of any small business, and keeping an eye on certain indicators can help business owners spot potential trouble before it becomes a major issue. Here are the key cash flow warning signs that should raise concern:Declining Cash ReservesIf your cash reserves are consistently shrinking, it's a sign that your business…
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Understanding the Profit Breakeven Point
For any business, knowing when it will start making a profit is crucial. The profit breakeven point is the moment where revenue covers all costs-meaning you're no longer losing money, but you're not making a profit yet either. Understanding this point helps business owners make informed decisions about pricing, sales targets, and cost management.Why Is…
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