Most business owners and entrepreneurs don’t set up a business with strong financial or accounting knowledge – their expertise lies in the product or service they provide. In their eyes, the [...]
In business, cash is the proverbial king. Whether you’re a fledgling startup, a small business, or a huge corporation, managing cash flow is rule 101 when it comes to running a business. This is [...]
When I joined MNE Accounting almost a year ago, I thought I knew accountants and the accounting industry. It’s easy to have preconceived ideas about a particular profession or industry, and it’s [...]
In a study of the most feared professions, accountants and bookkeepers rank the second highest, just behind chefs, waiters and bartenders in the hospitality industry. Gordon Ramsey has got a lot [...]
Making Tax Digital (MTD) is set to drag the tax system into the 21st century come April 2019. From this date, businesses with a turnover above the VAT threshold (currently £85,000) will have to [...]
Last week, some of the MNE team attended Xerocon in London, a huge three day conference attracting accountants, bookkeepers and finance professionals not just in the UK but across the globe. We [...]
It’s been reported in the Leicester Mercury today that an accounts manager at a Leicestershire fashion manufacturer stole £227,444 in cash over 13 years. The theft was discovered when the culprit [...]
If there’s one thing I’ve learnt in business, it’s to delegate where possible. I guess in many ways, if I didn’t believe that you should be comfortable delegating work, projects or small tasks, I [...]
Last weekend I was in the Peak District for a wedding for some very good friends. Staying in a quaint little cottage in Thorpe near Ashbourne, over breakfast I was chatting to the owner about [...]
Our dealmaking skills can make or break negotiations I was having a conversation with a manufacturing client earlier this week about a buyer who was desperate to negotiate, seemingly for the sake [...]
