Mushroombiz Insights

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...

Ed Surman, Director at Mushroombiz, interviewed Mike Newnham, Quantum R&D Tax Specialists, about Research and Development (R&D) Tax Claims, for Ed’s podcast, Business With The Fun Guys.  The podcast interview is available on our website to listen to, however we’ve taken the main points of Newnham’s teachings and illustrate them here: The R&D Tax Credits Scheme is a simple process which rewards companies for being innovative.  It can be an incredible support to business due to the implications on corporation tax.   What Is An R&D Tax Claim? An R&D tax claim is an amendment to the corporation tax return. ...

The in's and out's of selling a business Ed Surman, Director at Mushroombiz, interviewed Simon Robinson, Commercial Services Manager of Mushroombiz, about selling his family business Nexus, some years ago, for Ed’s podcast, Business With The Fun Guys. The podcast interview is available here to listen on our website, however we’ve taken the main points of Robinson’s teachings and illustrate them here: Robinson said the process of selling his family business in the healthcare sector, Nexus, felt like hell as it took blood, sweat and tears to achieve. Sometimes he lost heart and felt like it would never end. They...