Cash flow is the single biggest financial risk for project-based professional services businesses. You can be winning work, delivering well and reporting a healthy profit, but if the money is not in the bank when you need it, none of that matters.
The challenge is that project-based income is lumpy b...
One of the most common questions we hear from professional services business owners is whether they should be operating as a sole trader or a limited company. The answer depends on your profit level, your appetite for admin and the type of clients you work with.
Neither structure is universally bette...
All-inclusive accounting for professional services businesses. Based in Brighton, serving the UK.
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