Practice News

Hurley Accountancy know that rising global energy prices are a worry for all business owners. When the cost of your predicted annual bill doubles overnight, that’s likely to stretch your cashflow extremely thin. So, what can you do to overcome the problem of soaring electricity and gas prices? Hurley Accountancy have outlined five simple ways…

Hurley Accountancy believe that Christmas is a great time to let your customers and team members know how much you appreciate them. Hurley Accountancy understand that after another unsettled year – it’s not easy to know how much to spend or whether to throw a party. Gifts, cards and donations The traditional professional Christmas gift…

Hurley Accountancy know that if you’ve sold your business and have received the funds from the sale, you’re then faced with a big question: what happens next? Hurley Accountancy understand that after guiding the helm of your company, it could be tough to let go. But if the circumstances are right, there’s no reason why…

Hurley Accountancy understand that finding the deposit for your first house can be a struggle, and many millennials and Gen Z zoomers are turning to ‘The Bank of Mum and Dad’ (BOMAD) as their funding route of choice. Hurley Accountancy will discuss the best ways to help if your kids come looking to borrow your…

Hurley Accountancy understand that having a ‘corporate social responsibility (CSR)’ strategy was something that used to be the sole preserve of giant corporations. But with the social and environmental impacts of business evermore transparent Hurley Accountancy believe that it’s good practice for every business – both large and small – to have a CSR policy…

Hurley Accountancy know that keeping the business in a positive cashflow position is vital. But you can only do this if your cash inflows (sales revenues and other income) outweigh your cash outflows (overheads, supplier costs and other liabilities like tax costs or loan repayments). Hurley Accountancy understand that one way to re-balance the cashflow…

Do you know how much it costs you to produce each product or service in your range? Hurley Accountancy know that the better you can understand this cost of sales – or cost of goods sold (COGS) – the more ability you have to control your company’s profitability. Hurley Accountancy understand that when you know…

Hurley Accountancy know that cash is the lifeblood of any business – once the cash dries up, problems quickly begin to multiply. Hurley Accountancy understand that if you can keep the cash running freely you can continue to grow your business. Here are five tips for improving your cashflow: (i) Have a system to manage…

Hurley Accountancy believe that making time to look over your financial reports each month is an important task for any business owner. If you are not taking the time to do this, either because you’re too busy, or perhaps you don’t really understand what you’re looking at and it doesn’t make sense to you, then…

Hurley Accountancy know that cash flow is the lifeblood of your business. And when it comes to cash flow management, preventing cash issues is far easier than trying to solve these issues after the event. Positive cash flow comes from balancing your income (the cash inflows) against your expenditure (the cash outflows). Hurley Accountancy understand…