How do I account for the Business Bounce Back Loan i receied?

  • Posted on: 28 July 2020
  • By: ali

The Bounce Back Loan Scheme has been a success in providing firms with vital government-backed loans at a low, affordable rate and with no interest or repayments due in the first year. Many business owners have applied and received loans of up to £50,000 to help them through the pandemic

One of the most common questions I am asked is ‘how do I account for the Business Bounce Back Loan I received? Here is what you need to know, but please get in touch as it is vitally important to get it right.

What is Cash Flow and why is it important to your business?

  • Posted on: 13 September 2019
  • By: ali

Cash flow is the money that moves within your business each month – into and out of your bank accounts. It includes the money paid to you by clients/customers and the expenditure that your business needs to pay out on and is very important to the future of your company.