Chartered Accountants
A leading provider of quality business and personal tax services
We provide the highest quality business support and personal accountancy services to our clients. We differentiate ourselves through our range of services.
Navigating the Post-COVID Business Landscape: Challenges and Solutions for SMEs
As the effects of COVID-19 continue to reverberate through the business landscape, small and medium-sized enterprises (SMEs) face numerous challenges. In this article, we examine the ongoing struggles related to Bounce Back Loans and the pressure from banks for debt recovery. Ward Williams highlights the difficult choices business owners must make regarding their operations, including whether to invest personal funds or consider closure. We also address the complexities of formally closing a business and the potential pitfalls of misguided financial advice that may have led to unsustainable debt levels. The article emphasizes the importance of seeking professional guidance from Ward Williams to explore viable alternatives to liquidation. With expert support, SMEs can navigate these turbulent waters and implement effective financial strategies to ensure long-term success. If you are a business owner facing these challenges, reach out to Ward Williams for tailored advice and assistance.
Smart business strategy: Estate Planning for SME business owners
In our latest article, "Smart Business Strategy: Estate Planning for Small-Medium Business Owners," we delve into the often-overlooked yet crucial aspect of estate planning for entrepreneurs. As a small business owner, it's easy to focus on daily operations while neglecting the future of your business and personal assets.
This article outlines the importance of having a solid estate plan in place to ensure your wishes are honored and your loved ones are protected. We discuss essential documents such as wills, trusts, and lasting powers of attorney, which play a vital role in safeguarding your business legacy. Additionally, we emphasise the importance of clear communication with family members and business partners to prevent misunderstandings and conflicts. Regularly reviewing your estate plan is also crucial as your circumstances evolve.
For expert guidance tailored to your unique needs, reach out to Ward Williams today and take proactive steps to secure your business and family’s future.
The rising cost of stamps: Top tips for Businesses to navigate Royal Mail's price hike
Royal Mail has announced a significant increase in the price of first-class stamps, from £1.35 to £1.65, effective 7th October, 2024. While this 30p hike may seem daunting, it also presents an opportunity for businesses to reassess their communication strategies and find innovative ways to adapt. Here are some top tips to help you navigate these changes effectively while continuing to support Royal Mail, a vital service for many businesses.