At Bowdon Accounting Services, we're more than just number-crunchers; we're your trusted financial partners. With a commitment to excellence and a passion for helping businesses thrive, we offer a wide range of accounting and financial services tailored to your unique needs.

Get In Touch

Quick Email

[email protected]

Office Address

Manchester, UK

Month: August 2024

Revitalising Financial Management: How Bowdon Accounting Services Provided Strategic Finance Support to a Small Business

Recently, we partnered with a small, family-owned limited company that was facing significant financial challenges. The Challenge: This company, known for its innovative products and exceptional customer service, was struggling with its financial management. Rapid growth had brought unexpected complexity to their operations, and their internal accounting systems were no longer sufficient. Cash flow was […]

Understanding the True Cost of Hiring Staff

Hiring new staff is a significant investment for any business. But have you considered all the associated costs beyond just salaries? Here’s what every business owner needs to be aware of: 1) On-Costs: National Insurance contributions, pension schemes, and other statutory costs can add up quickly. Make sure to budget for these mandatory expenses. 2) […]

Understanding Business Expenses for Tax Purposes

Understanding business expenses for tax purposes can be complex. Here’s a guide to help you navigate: What are Business Expenses? Business expenses are costs incurred wholly and exclusively for running your business. Deducting these expenses from your income can reduce your taxable profits, thus lowering your tax liability. Seeking expert tax advice and strategic finance […]

Why Do Small Businesses Go Bust in the UK? The #1 Reason Unveiled!

Despite the relentless efforts of dedicated entrepreneurs, numerous small businesses in the UK encounter financial challenges. 📉 The primary culprit? Cash Flow Issues. Research indicates that an astounding 82% of small businesses fail due to inadequate cash flow management. Critical statistics include: 🚫 43% of businesses suffer from late payments, which significantly disrupts their cash […]

Understanding the Different Types of Charities in the UK

Understanding the various types of charitable organisations in the UK can be complex. This guide will help you navigate through different types of charities, focusing on charity finance management, the role of a charity accountant, and strategic finance support: 1) Charitable Incorporated Organisation (CIO)a) Provides limited liability for trustees, can own property, and enter into […]

Categories

Recent Posts

How to Prepare for Potential Adverse Tax Changes in the Upcoming Budget Announcement
October 1, 2024
Revitalising Financial Management: How Bowdon Accounting Services Provided Strategic Finance Support to a Small Business
August 27, 2024
Understanding the True Cost of Hiring Staff
August 27, 2024
Loading