One of the biggest questions when you are looking to buy or sell a law firm is ‘what is it worth?’ Whether you are selling due to retirement or buying a firm to allow you to expand and grow, valuation is often the key point for consideration.
Higher costs of borrowing – as a result of the Bank of England’s decision to raise interest rates to 4.5% - will make it more expensive for businesses to finance their operations but steps can be taken to try to mitigate the impact.
When faced with problems involving cashflow, it makes sense for a business to review banking and finance arrangements to see where any improvements can be made.
As we approach the tax return deadline, businesses are faced with the cash flow challenge of having to settle their upcoming tax bill. While most will settle in full and on time, there are plenty of reasons why businesses may be unable to settle their tax bill in full.
Legal Sector Partner Andy Poole and his team supported Bleasdale & Co by arranging and securing an acquisition of the business by Bendles Solicitors, another local law firm which covers similar areas of law.
One of the biggest challenges for any business is managing its working capital requirements, to ensure that there is sufficient cash within the business to fund day-to-day operations.
Research & Development (R&D) tax relief is one of the most generous corporate tax reliefs offered by the UK Government, but many businesses miss out as they wrongly believe they are not eligible to apply.
Funding remains a priority for a lot of businesses right now, whether you are cash-rich, in a position to grow, or looking to ease pressure on your finances.
Armstrong Watson has teamed up with the Medical Defence Union (MDU), the UK's leading medical defence organisation, and its partner organisation the Dental Defence Union (DDU), to provide its members with access to tax, accountancy and business advisory services.