Blog | JR Management Accountancy

Cashflow Forecasting - Best Tips for 2025 Financial Resolutions

13 January 2025

Does your business have a cashflow forecast? The New Year is a time for resolutions and good intentions. This month, we are going to share some suggestions of good financial habits that we believe are helpful for small businesses to adopt. Our first suggestion centres around our favourite topic of cashflow. For those businesses that […]

4 Critical MTD Facts for Income Tax and the self-employed

11 December 2024

The introduction of Making Tax Digital (MTD) has been one of the most significant changes to the UK tax system in recent years. Designed to modernise tax administration, MTD aims to make tax reporting more efficient and reduce errors. While MTD for VAT has been in place since 2022 for all VAT registered businesses, MTD […]

Business Debt Management - 9 Top Tips for Success

19 November 2024

For entrepreneurs in Droitwich and beyond, managing business debt is essential for maintaining financial stability and enabling future growth. Whether for expansion, purchasing equipment, or navigating unexpected expenses, debt can be useful if managed well. However, if left unchecked, it can spiral into a serious financial burden. Here, JRMA provides some practical steps to help […]

Tax and being self-employed: The critical implications on your business structure

14 October 2024

Creating a self-employed venture is an exciting time for many people in Droitwich. However, one of your most fundamental decisions is selecting the right business structure. Each structure has unique implications for tax, liability, and administrative responsibilities. This guide looks at the impact of tax and being self-employed and will help you understand the differences […]

4 popular ways for a business to borrow money

As management accountants, we are frequently asked questions from our customers about borrowing money and raising finance. Below we share some of our experiences from over the years that we have been helping small businesses. Borrow using a bank overdraft An overdraft is a very flexible way to raise money. The bank will agree an […]

Accountant Advice – 4 top tips to help you raise finance.

As management accountants, one of the key conversations we have with our customers is around raising finance. In fact, one of the reasons that a company might engage an accountant in the first place, is for assistance with loan and grant applications. With this in mind, we have compiled some top tips below, and ways […]

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