Insights

What we’d tell you over coffee.

Short pieces on cash, tax, payroll and paying yourself. The principles travel to any country; the figures are examples.

Profit is not cash: reading your first cash forecast · A business can be profitable all year and still run out of money in October. Here is why, and the one chart that shows it early.

How much to set aside for tax each month · A simple rule, a better rule and the reason we recalculate it every quarter.

Closing the month in four days, not four weeks · What changed when a 22-person workshop moved from an annual clean-up to a monthly close.

Paying yourself: five questions before you choose · Salary, dividends or drawings depends less on tax than you think, and more on the life you want the business to pay for.

The true cost of your first hire · The salary is the part you agree on. Here is the rest, as a share of it.

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