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Top tips for approaching your bank for funding your business

Banks such as Santander are raring to lend to UK businesses – indeed, there has never been a better time to seek financing. To maximise the support a bank can give you, there are a few simple tips to bear in mind:

  • Plan ahead – give your bank a reasonable amount of time before the funding will be required to ensure everything...

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Accounting standard changes and what they will mean for you

Laura Farrow, Senior Audit Manager, Broomfield & Alexander

Laura Farrow, Senior Audit Manager, Broomfield & Alexander

March 2013 saw a ground-breaking event for UK financial reporting with the release of FRS 102, The Financial Reporting Standard applicable in the UK and Ireland.

This new standard replaces current UK accounting standards, for periods beginning from 1 January 2015, and so has very broad relevance.

This new standard has been described by some commentators...

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