Should you buy or lease your business assets?

Should you buy or lease your business assets?

When it comes to acquiring essential equipment for your operations, many business owners face the dilemma of whether to buy or lease business assets. There are certain items of equipment, machinery and hardware that are essential to the operation of your business –...

Secure Your Legacy: Succession Planning for Your Business

At Horsfield and Smith chartered accountants, we aim to develop close working relationships with our clients. This allows us to understand their businesses intimately. We see all too often that many business owners are so focused on the day-to-day challenges that they...

Using KPIs to Improve Your Business Performance

Key Performance Indicators (KPIs) are measurable values that show how effectively a business is realising its key objectives. How you measure the success of your business is vital to ensure you meet your overall strategic plans and objectives. Measuring KPIs helps you...

Company Year End Preparations: time to get ready

As your company year end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a good idea to get yourself organised and ready. There are several things to check, either on the year end date, or before the end of...

How Should You Structure Your Business?

Business structures are essential for tax purposes. If you’re looking to join the 4.3 million people in the UK who made the jump into self-employment, you might be wondering how to start your new business. Assuming you’ve weighed up the pros and cons involved and...