Category Archives: Business Start Up Growth

Getting Started with Cloud Accounting and Xero: Three Things to Know

Getting Started with Cloud Accounting and Xero: Three Things to Know

Financial and business information plays a vital role in the management of businesses. It is used for numerous day-to-day operations: To comply with accounts, tax, PAYE and VAT obligations To tell us about levels of cash, income, costs, debt and monies owing To track income and expenditure from products, services and project. A cloud-based accounting system like Xero helps you

Read More

Keep Business Cash Flowing

Keep Business Cash Flowing

Cash is the most important financial commodity that keeps the business wheels rolling.  Cash is the life-blood of any business and is vital for survival, sustainability, investment and growth.  We need cash for a whole variety of things, from paying staff, suppliers and bills, buying equipment, servicing loans and paying taxes. Three things to remember to help keep that business

Read More

Marketing On A Budget

Marketing On A Budget

Effective and cost efficient marketing (contrary to popular belief) doesn’t have to have a huge price tag attached to it. However if you don’t do your research it can work out to be expensive. Numerous advertising companies will contact you promising vast increases in your sales if you sign up to one of their many (usually expensive) packages. However many

Read More

Fraud | Protecting Your Business

Fraud | Protecting Your Business

There should be a culture of control and fraud prevention embedded into the strategic and operational affairs of an organisation. Senior management and trustees create this culture and should lead by example in adhering to the organisation’s internal financial controls and good practice. The trustees should make sure that an annual review is conducted into the effectiveness of internal financial

Read More

The Recipe For Successful Diversification

The Recipe For Successful Diversification

This article is based on a keynote presentation I made earlier this year to the Westminster Media Forum. The presentation followed on from views I had shared in Arts Professional in response to an editorial piece they wrote in November 2016 “Winners and losers as arts organisations diversify income”. Given that many organisations need to diversify income streams, there are three

Read More

Pro Active Sponsorship With House Of Verse

Pro Active Sponsorship With House Of Verse

Here at Pro Active Resolutions we act as a business friend to a wide cross section of businesses. The businesses vary in terms of size, complexity and what they do. However, one of the sectors that we have a strength of knowledge, experience and affinity with is the arts and creative sector. We have supported the arts sector over many

Read More

Business Budget | Activity-Based Budgeting

Business Budget | Activity-Based Budgeting

A business budget plays a vital part in an effective system of planning, control and performance management. It shows expected future income and expenditure, and translates into financial terms what an arts organisation’s future, planned activities are. Traditional budgeting systems look at current cost levels and adjust for inflation and changes in income in order to produce an annual budget.

Read More

Social Media For Business

Social Media For Business

Using social media for business can have a positive impact helping you expand and reach a much larger audience.  Some businesses still remain hesitant to use social media-largely due to “fear of the unknown”. However it is has become a great way to get your businesses message “out there”. Traditional marketing strategies have become less effective due to this. It’s

Read More

Cloud Accounting Software And Credit Control

Cloud Accounting Software And Credit Control

Helping Improve Credit Control Using a robust cloud accounting software can greatly improve your credit control, an area that a lot of people find quite challenging.  Although credit control is the life-line of businesses it doesn’t always receive the attention it should and many businesses find numerous obstacles when dealing with it i.e. not invoicing as soon as work is

Read More

Starting A Business And The Risks Involved

Starting A Business And The Risks Involved

Starting a business and the risks involved can sometimes put people off pursuing their dreams. However once you get that spark of inspiration, it’s hard to contain the excitement that comes with your plans of starting a new business. After all, this is something that will not only allow you to expand your income, it would also be the perfect

Read More