With 2018 financial year coming to an end its time for business throughout the country to start planning for the coming year. Business owners should make time to evaluate the good and bad of the past financial year and look forward for new opportunities and challenges. To get you in the right frame of mind and focused on making this coming financial year a success for your business requires planning.
We have 4 tips to help you keep the focus and momentum on developing your business throughout the year:
- Direction — There are many different paths to choose, you can deviate from these paths but make sure your end goal remains the same.
- Focus — Narrowing your focus to small achievements throughout the year instead of one main goal will keep you motivated. By achieving each mile stone is a good indication of direction of your business and keeps you focused and determined to reach the next.
- Adaptability — One size does not fit all, this is the same in business what works for a competitor may not work for you. If the market is not responding the way you thought don’t be afraid to adapt but remember to give your plans a chance to succeed before moving on.
- Measurement — If the direction you’ve chosen is not working, how do you know if you need to adapt? Being able to measure against some sort of reference applicable to your business will let you know how you are performing.
First Payment Merchant Services can kick your plan off in the right direction by reducing your costs on merchant services. We offer a wide range of card machines with various features to assist your business and customer experience. Do you want to upgrade to new stock, refurbish your business premises, pay an unexpected bill or simply improve your cashflow? Our cash advance can offer anywhere from £2,500 – £300,000 based on your card takings history, and you don’t need a perfect credit score to be approved.
Changes to UK tax rules requires VAT registered businesses with taxable turnover above the VAT registration threshold to keep records in digital form and file their VAT Returns using software. With our state-of-the-art EPOS systems this can be taken care for you with easily accessible reports and integration. A simple report can be run from any till point, home or head office and will summarise takings by both individual till point, till group or location. The end of day will effortlessly differentiate between tender types to aid reporting and accounting.
Having these services frees up your valuable time to stay focused on your plan to drive your business forward in 2019. For more information contact our friendly team on 01276 782205