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Blog

The Accountants for Growth

Meet the Team | Ethan

Meet the Team | Ethan

Profession: Student, starting sixth form this year, at James, Stanley & Co for work experience


Years in the business: 1 week

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5 things to consider before going paperless

5 things to consider before going paperless

Have you thought about becoming paperless? Not sure where to start? Here are five key facts to consider before you take on this environmentally friendly and cost-effective business solution:

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Forest of Dean Challenge

Forest of Dean Challenge

On Saturday, 14 June,  the two teams from James, Stanley & Co set off at some unearthly hour for the Forest of Dean to take part for the second year running in the St Basils annual fundraising walk. We were joined by Kelly Envine and Rob Ison of Oak Lodge Facilities Ltd who are a client of ours in the construction sector.

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Cloud Backups

A well used fact in the IT industry is that 80% of all businesses who suffer complete data loss will be out of business within 18 months. Whether that’s 90%, 80% or 70% you get the gist.


Imagine you turn up for work and your office has been broken into overnight. You realise that, amongst other things, your server and all the desktop computers have been stolen. After the initial shock, you’ll start thinking about getting your office back up and running. Replacing the computers, although potentially a strain on your cash flow until the insurance pays out, is relatively straight forward. You could have your computer network back up and running within a few days.

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Meet the Team | Chandni

Meet the Team | Chandni

Profession: Accountancy


Years in the business: 10 years 7 months

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Growth Accelerator Funding

Growth Accelerator Funding

I am pleased to report that I have been accredited as a Growth Accelerator coach and as such our clients can now tap into the Growth Accelerator funding if they join the scheme.

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HMRC New Debt Recovery Plan

HMRC New Debt Recovery Plan

News has just broken today on the new powers granted to H.M. Revenue & Customs to collect overdue tax by dipping directly into taxpayers’ bank accounts.


The Revenue has assured there are safe guards to protect against possible errors, for instance, the Treasurer has stated that HMRC will only to take the money after four ignored requests, if the amount is more than £1000 and if £5000 remain in the bank after the transaction is made.*

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Changes in the Mortgage Market

Changes in the Mortgage Market

April 26th 2014 saw significant changes in the way lenders assess mortgage affordability with the implementation of the FCA’s (Financial Conduct Authority) Mortgage Market Review (MMR). This review was undertaken as a result of the issues in the market that led to the Financial Crisis experienced in 2008. The significant changes which are being implemented, will see an enhanced focus now being placed on “Responsible Lending”. This will require the mortgage lenders to assess far more fully, the individual mortgage applicant(s) ability to maintain their mortgage repayments both now and, most importantly, in the future. As such it will be incumbent upon Lenders to assess that prospective mortgage borrowers can maintain their mortgage repayments even in the event of increases in interest rates and/or general living costs.

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St Basils Walk, Round Two!

St Basils Walk, Round Two!

‘Accountants saving the world’ sign up for St Basils Walk for 2nd year running'

 

Release date: 30-4-14


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Benefits of Systemising your Business

Benefits of Systemising your Business

If you go on holiday for 16 weeks from this weekend what state will your business be in when you return?


Would it be in a right state? i.e. turn into a bag of spanners...


OR would it be flourishing? i.e. turn into a bed of roses that you can be proud of?


And which type of business would you prefer?

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Goal Setting for Success

Goal Setting for Success

Research shows that people with up to date written goals are as much as 100% more successful than people who do not have up to date written goals.


So it is vitally important that business owners think about and articulate their personal and business goals.


Once you have identified your goals think about the implications of what you are doing – and what you should be doing.

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Meet the Team | Mark

Meet the Team | Mark

Profession: Accountant


Years in the business: 4.5 years

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UK Policy Paper on Aggressive Tax Planning

UK Policy Paper on Aggressive Tax Planning

HMT and HMRC have just released their policy paper on the G20 and OECD Action Plan to tackle Base Erosion and Profit Shifting (‘BEPS’). In it, the government strongly endorses the BEPS initiative for “creating a fair and balanced set of international rules for both countries and companies.”

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Warning: VAT Scam

Please note there is a VAT scam happening at the moment which has hit thousands of businesses. The phishing email claiming to be from Santander Bank advises that a VAT payment of £483.38 has been made.


There is download attached, which if opened will transfer a virus onto the computer.


If anyone mentions receiving this email please tell them it is a scam!

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Management Accounts

Management Accounts

Many businesses require management accounts to measure and improve company performance. With this pro-active approach we try and add value in order to help you develop your business. Here are a few examples of what each business owner should ask themselves:-

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LinkedIn 101: Showcase

LinkedIn 101: Showcase

There are two elements in what I’m titling the “showcase” section of LinkedIn


The first part is the Summary.


Your summary is a great space to introduce promotions and any exciting projects you have to offer to potential clients. Since LinkedIn includes summaries in their searches, it’s important to make sure you have the right keywords for your industry. 

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Pound Per Like

Pound Per Like

This Lent season (5 March- 17 April 2014) James, Stanley & Co Ltd. will be fundraising for Type One Mission Ltd, a charitable organisation raising funds for diabetes research.  

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LinkedIn 101: Headline

LinkedIn 101: Headline

Your headline, much like you headshot, is the first thing people are going to see when you're being searched and so, it deserves the right amount of attention.


LinkedIn will automatically make your most current or present job as your headline. It’s important to make your own unique headline when creating your profile as it provides an opportunity to establish your industry, value, and other specific keywords needed so that the right people find you.

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LinkedIn 101: Headshot

LinkedIn 101: Headshot

Your LinkedIn photo is essential to a completed profile. This will give people a face to a name, making you appear more personable and professional.


Since this is the first time a contact or future client will see you, you want to provide the best first impression as possible. 

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LinkedIn 101: The Basics

LinkedIn 101: The Basics

What is LinkedIn?


LinkedIn is a professional networking website; its purpose is for professionals to connect and recommend people.  Essentially, it provides an easier platform to keep up with your contacts, instead of shuffling through a pile of business cards, you can use your keyboard. LinkedIn is also a great place to meet other professionals in your industry; joining groups or being introduced to contacts by people in your immediate circle are just two of the many options available to reach out and build a stronger network.

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