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Why choose HGH?

Cloud Accounting

Four sales forecasting methods for new businesses

Posted: 19th Aug 2019 by Clair Watmore Blog

Forecasting sales can seem like guesswork. There are a lot of estimates, and those estimates are often based on assumptions. But you can approach it scientifically. Here’s how. What is forecasting in business? Forecasting goes hand-in-hand with budgeting to help you predict the financial outlook of your business. You start by estimating income (sales) and… Read more

Budgeting and forecasting for small business

Posted: 6th Aug 2019 by Clair Watmore Blog

Starting a business is a big financial decision. Before you get going, you’ll want to estimate how much money it will go through, and how much it will make. Welcome to the world of budgeting and forecasting. What is a business budget? Budgets show how money will come and go from your business over a… Read more

Businesses are being urged to register for Making Tax Digital before August

Posted: 24th Jul 2019 by Clair Watmore Blog

Many of the 1.2 million businesses affected by the new rules will be required to submit their first quarterly return to HMRC using software by 7 August. Businesses with an annual turnover above £85,000 are being urged by HM Revenue and Customs (HMRC) to sign up to Making Tax Digital (MTD) before the 7 August VAT filing… Read more

Business Planning – try a SWOT analysis

Posted: 19th Jun 2019 by Clair Watmore Blog

If you can’t get into a flow with your business planning, try doing a SWOT analysis. It’s a great way to organise your thoughts and kickstart the planning process. What is a SWOT analysis? SWOT stands for strengths, weaknesses, opportunities and threats. It’s a way of thinking about your business from the inside out, and… Read more

How to start a business: business planning

Posted: 10th Jun 2019 by Clair Watmore Blog

Are you daunted by the thought of writing a big, formal business plan? You’re not alone. A lot of people start and never finish, but you don’t have to be one of them. You can start with smaller tasks and work your way up. What is a business plan anyway? Think about your business plan… Read more

MTD – Deadlines approaching for first VAT returns

Posted: 29th May 2019 by Clair Watmore Blog

Eligible businesses with a taxable turnover over the VAT threshold of £85,000 had to register for Making Tax Digital to submit their VAT returns from 1 April 2019. Businesses initially affected by this new initiative include sole traders, partnerships, LLPs, landlords and charities. The start date for some businesses has been deferred to 1 October 2019,… Read more

Putting your business idea into action: Part 2

Posted: 23rd May 2019 by Clair Watmore Blog

In the second part of the series we show you how you can test your new business idea before you put it into action. Testing business ideas To help organise your earliest thoughts, think about starting a business from three angles. 1. Customers – Who are they? How will you reach them? Why will they… Read more

Putting small business ideas into action: Part 1

Posted: 14th May 2019 by Clair Watmore Blog

How do you come up with a small business idea and how do you decide if it’s any good? Can you do your own research? When will you need to get professionals involved? Here’s how to put your business idea into action. Where do good business ideas come from? Not many businesses start with a… Read more

Making a Difference Spring 2019

Posted: 9th May 2019 by Clair Watmore Blog

Find out how Hunter Gee Holroyd and HGH Wealth Management have been Making a Difference Spring 2019. What changes have been happening in the last 6 months that may affect your business or personal finances? What’s the latest news from the Hunter Gee Holroyd and HGH Wealth Management teams? Read on to find out! Introduction… Read more

The Ultimate Guide to Starting a Business: Part 1

Posted: 7th May 2019 by Clair Watmore Blog

The Secret to Starting a Business Starting a new business is a big job, but don’t let that put you off. Thousands of people do it every day. Here is some great advice brought to you by Xero Cloud Accounting. Starting your own business is a process not an event People talk about ‘taking the… Read more