Mushroombiz Insights — Accounting

When it comes to cash flow, running a manufacturing business requires a steady hand on the tiller. Raw materials, components, machinery, and freight all cost money. Suppliers won't supply if they're not getting paid and customer orders can't be fulfilled without that supply. Cash flow is crucial for any business, but manufacturers are particularly vulnerable because it's often only when the goods are actually delivered that they start generating income. For many small manufacturers who sell directly to end-users, the cash from those sales can take a long time to filter down. In addition, as well as having to fund...

Please note that this article is dated November 2021. Tax rates, regulations have changed and Mushroombiz (Tlam Ltd, Tlam Technologies Ltd) disclaim any liability and you cannot rely on this information as tax advice or investment advice. To make informed financial decisions you must instruct a relevant professional advisor. The Crypto boom has been a big talking point for the last few years and it doesn't seem to be going anywhere anytime soon. If you're an individual that's made money from Crypto, then we want to offer some insights on how to manage and report your income. The deadline for...

With feelings of uncertainty and lack of control at the moment, what can UK businesses do?  Trade with Europe offers UK businesses the chance to ‘remain’ by establishing a business for them in Europe, similar to a GMbH or BV company.

Outsourcing can be a big decision, especially when you’re just starting out. At this point you want as much as possible as close to your chest, feeling in ‘control’. At this stage, your company is like a child or a small plant; you are responsible for growing and nurturing it. We get it. Avoiding Cheap and Risky In the beginning, the non-income generating functions of your business are often done as cheaply as possible but often carry the highest risks. When you are running your company and you’re in your first couple of years it is highly unlikely that you...