The end of the year is an ideal time to reflect on your financial position and set goals for the upcoming year. A year-end financial review allows you to assess your current financial situation, identify areas for improvement, and develop strategies to achieve your financial goals. By taking the time to review your finances and…
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Setting Financial Goals for the New Year
Making the right business connections
In today’s competitive business landscape, making the right connections can be the key to success. Building and nurturing business relationships can open doors to new opportunities, partnerships, and clients. Understanding the importance of business connections and how they can influence business growth is essential for any aspiring entrepreneur. In this article, we will explore the…
Benefits of Networking for Your Business
Networking is a great way for businesses of all sizes to gain exposure and customers and even employees! A whopping 85% of jobs are filled by networking nowadays. In this day and age, strong networking is essential for success and if you haven’t considered trying it, you most definitely should. At the very heart of…
Beating the Heat: Budgeting Tips for Summer Business Expenses
Summertime brings dramatic changes in temperature which may require businesses to reassess their budgeting strategies to cover seasonal expenses. As an accountancy firm with decades of experience, the team here at GW & Co understand the importance of budgeting for and managing expenses during the summer season. To stay on top of seasonal changes and…
The Importance of Cash Flow Management in the Summer Months
The summer months are often seen as a time to relax and enjoy the warmer weather, but for your business, it is essential to ensure you do not drop the ball. That is to say, you must ensure that your business’s cash flow is managed properly. Cash flow management is essential for any business, no…
The Importance of Accurate Financial Statements for Your Business.
As a business owner or a potential business owner you will hear your accountants talk of financial statements and the importance of them being accurate and transparent. But what are financial statements and just why are they so important? The team here at GW&Co Accountants have put together a financial statement 101 to help you…
Things to Consider When Working from Home
In this post-pandemic era, our working habits have drastically changed from our pre-2020 habits. The trend of working from home is growing in the UK as more people are looking for flexible ways to work and companies already have systems that allow this flexibility as a leftover from the pandemic. This shift in the traditional…
5 Essential Things You Must Do When Starting a Business
Are you thinking of starting your own business? The team here at GW & Co Accountants know this is a daunting task but once you do take the plunge it can be very rewarding. When starting a business, it is of the utmost importance to take the time to plan and prepare so that you…
Fraud Detection and Prevention
Fraud is a growing problem in businesses, large and small. As technology advances and criminals become more sophisticated, the risks of fraud increase. The Annual Fraud Indicator has estimated fraud losses to the UK at around £190 billion every year, with the private sector hit hardest losing around £140 billion. Fortunately, there are many steps…
Ergonomics: How people interact with their work environment and why it is important.
Ergonomics is an important aspect of the way humans interact with their work environment. It is a science that studies how people interact with their environment and how their environment affects their physical and mental health. Moreover, ergonomics is a way of designing and arranging the work environment to ensure that it is comfortable and…
