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Hurley Accountancy will discuss how your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an income statement and its main purpose is to list income and expenditure. Whereas a balance sheet is a snapshot in time, the P&L shows transactions over a specific period of…

Hurley Accountancy understand that more than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode. Hurley Accountancy know that revenue, profit and your bottom line all deserve your attention. But keeping everything running is the baseline. Regular cashflow forecasts help you keep that in focus. Here’s…

Hurley Accountancy know that every business has a finite lifespan. Some may last for decades, and some may only last a couple of years. As the owner of a business, Hurley Accountancy understand that the life of your business is likely to be strongly aligned with your own life goals and personal plans for the…

We recognize that the client is always right here at Hurley Accountancy. Not only is it wise business management to keep customers satisfied, but it also encourages repeat business. You want your clients to feel appreciated and that they are doing business with a company that values their patronage and is eager to express that…

Hurley Accountancy knows that in this challenging business landscape if you are considering a significant change, your head is no doubt filled with questions. I’ve decided to restructure. What’s the best way to do this? Restructuring is never easy but if it’s necessary to keep your business afloat, here is a process you can follow…

The Hurley Accountancy team know that global supply chain challenges are changing the reality of doing business. It’s increasingly tough to source raw materials, supplies and products in the right quantities. And when your supply chain breaks down in this way, that can have serious consequences for your business. So how do you combat the…

Hurley Accountancy know that the increase in digital business systems has opened up forensic ways of understanding your customer base. That’s a huge bonus when you’re aiming to build better connections, relationships and experiences with your audience. Hurley Accountancy understand that knowing what your customer wants is a fundamental piece of knowledge for any successful…

Hurley Accountancy know that in order to acquire a complete understanding of your financial position and business performance it is important to examine your balance sheet, together with the Profit and Loss Statement and other reports such as the Statement of Cash-flow. Hurley Accountancy will take you through the balance sheets three sections: assets, liabilities…

In a crowded marketplace, Hurley Accountancy knows that it can be difficult to make your products and services stand out clearly from the competition. A key way to do this is to focus on building brand awareness and turning your existing customers and targets into advocates for your brand. Creating that competitive advantage won’t always…

The Hurley Accountancy team believe that when people talk about ‘brand’ they often think solely from a customer perspective. However, a strong ’employer brand’ is also critical, in order to attract the right talent to your business. With a shift in skill-set requirements across most industries, it’s more important than ever to attract the right…