Category Financials

4 classic cash flow mistakes social enterprises make

Time for a sobering thought. There’s one single thing that will kill your social enterprise stone cold dead: poor cashflow. Take your eye off the ball for just a moment, and this vital element of your social enterprise may spiral…

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Why your social enterprise needs to get ready for MTD

Making Tax Digital (MTD) is a piece of government legislation which is likely to be enforced from April 2018. It will require most small businesses to send HMRC details about their revenue, profit and expenses every quarter, rather than annually.…

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What social enterprises should expect from investors

If you’re a social entrepreneur beginning a fundraising journey, you may be looking to head down the investor route. And, if that’s the case, you’ll doubtless have plenty of questions. Depending on the scale of their idea, social enterprises will…

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10 ways to save money on banking as a social enterprise

In 2015, the Federation of Small Businesses discovered that firms were paying an average of £2,500 every year in bank fees and charges. That’s a significant investment, no matter the size of your business, but if you’re a social enterprise…

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Preparing your social enterprise for a new tax year

The new UK tax year has begun, and if you’re concerned about the limited time you’ve had to get your financial plans in place for the next twelve months, we’d like to settle your mind a little. You’re not alone.…

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