Building a better business
As an owner-managed business ourselves, we understand at Rowdens that to be in business takes courage and commitment. It’s not easy. We're certain that at times you might question why you’re even doing it, particularly after the impact of Covid-19 and the effect that lockdowns have had on business.But you’re here because you had a vision. You decided being in business was a better way to achieve that vision than working for someone else. And, you’re right; you just have to work on it....
May 10, 2021Step 1 of Building a Better Business
“The first secret of getting what you want is knowing what you want.” - Arthur D. Hlavaty. You can’t build a better business without defining exactly what you want. Your business is there to serve you, not the other way around! ...
May 8, 2021Welcoming your people back to the workplace
As Covid restrictions continue to ease here in the UK, it’s time to start thinking about the return to the workplace and how you'll welcome your home-working and furloughed staff back into the office....
April 27, 2021Blog from the Dog - WTF: Different tax advice on the timing of pension contributions in 2023
“Well, There’s Fundamental different tax advice on the timing of pension contributions coming up in a couple of years’ time Lyra!” said Jonathan while we were out for a walk at the weekend. I thought, “Well, That’s Funny, here we are out for a lovely walk and Jonathan appears to be more exercised by thinking about the Budget announcements! Heigh Ho, better run with it, I suppose if it makes him happy! I think Lockdown has finally got to him!"...
April 21, 2021Getting back to business
It goes without saying that change has been a theme of late. In the last year, much of the change we’ve experienced has been out of our control. However, if we focus on what we can influence, such as our response to change, we can regain some control and plan to maximise outcomes. If you're a business owner, discover the 5 things that are within your control that will have the most significant effect upon your business....
April 20, 2021IR35 and what contractors need to know
6 April saw new changes to the off-payroll working rules. These changes - often known as the IR35 rules - are likely to have a significant impact for any contractors, and if you personally, only work for one client, this could affect you. Are you contracted to a medium or large private sector company? If yes, your client now determines your IR35 status. Although the company is required to take reasonable care when making this assessment, you might find yourself in an unfavourable posi...
April 12, 2021Blog from the Dog - March 2021 Budget. WTF%: Increase in corporation tax rates!
“Well, That’s a Forty % increase in the corporation tax rates between £50,000 and £250,000!” I heard Jonathan mutter as he listened to the budget (well to be truthful it was a lot louder than that, but I need to be a little respectful, as I thought It was only a 6% increase from 19% to 25%). I may only be a labrador, but even I can work out that 6 of something is a lot smaller than 40 of something (especially if it’s biscuits)....
April 8, 2021Surviving the recovery - you didn’t get this far to fail now
At some stage, in the not too distant future, business will return to some semblance of normality. It is important that you: Plan for this recoveryAre ready to take advantage of the opportunities that will be there for youAre able to trade through the period of recovery...
April 22, 2020Changes to business solutions as a result of the COVID-19 Pandemic by Jonathan Rowden
In our recent webinar on continuity planning, Penny suggested we look up for a solution to the current crisis rather than continually looking down on the problem. This got me thinking about the solutions businesses will have come up with as a result of the Coronavirus crisis; those that will stay around once things have returned to a more normal level of operating. Clearly, there will always be business casualties as a result of an economic shock to the system. However, having lived and operated...
April 20, 2020Changes relating to Wrongful Trading and the Insolvency Laws
In the latest announcements, the Government has announced that “Wrongful Trading” provisions have been suspended from 1 March 2020 and that it will also introduce a new restructuring plan and debt moratorium....
March 30, 2020Cashflow projections & Coronavirus Job Retention Scheme
And a possible fly (or two) in the ointment. The 2 action points for this update: ...
March 23, 2020Coronavirus Job Retention Scheme “CJRS”
As “Version 1” is always better than Version “None” we think it is better to get something out to our clients contacts and then update as matters develop. Please understand that this is both uncharted and challenging times for all of us - our grammar may not be perfect and the style may look a little “rough around the edges”; for which we hope to have your understanding!...
March 22, 2020Let's beat the virus - by working together Pt 2
A further update on various matters Coronavirus-related from Jonathan Rowden written prior to the Chancellor's expected further announcements this evening (20 March)....
March 20, 2020Let's beat the virus - by working together
A further update on various matters Coronavirus-related...
March 19, 2020Managing the Coronavirus situation
It is still too early to know how difficult the next few weeks (or months) are going to be. What is certain is that all businesses are going to be faced with a number of potential issues (reduced cash flow, reduced availability of staff due to illness or the closure of schools etc.). We have summarised below some initial thoughts regarding practical points and suggestions to help businesses get through the next few weeks. Guidance for businesses - www.GOV.UK There is useful information fro...
March 17, 2020We've seen the benefits of winning with Xero
Small Firm of the Year award 2018Chasing awards is not our focus at Rowdens. It has always been our firm belief that aiming for 100% customer satisfaction is a more powerful motivator and we're proud to boast that our client base has come via people hearing of the level of our service and attention to detail. However, we were over the moon to be the recipients of Xero's Small Firm of the Year award last year; to be recognised for the work we do for each and every one of our clients. It's brought...
August 19, 2019Blog from the Dog - WTF! VAT: in Domestic reverse charge on building and construction services situations
OK, listen up hoomans - this is important. Back in March, I wrote my Blog from the Dog - new VAT rules for the construction industry. In it, I gave you the heads up on the VAT changes coming into effect from 1 October that will impact construction businesses. Now, I admit this was not my finest hour as around the time of writing that blog, I was still reeling from my fat balls misdemeanour. As a result, I misheard a “F” as in fat for a “V” as in VAT. However, this time I know ...
July 19, 2019We help Infinity Business & Finance Solutions
One of our more recent clients is Claire Byrne of Infinity Business and Finance Solutions whom we met during one of BNI Chichester’s morning meetings. In her capacity as Interim Finance Director for a group of construction companies, we are helping Claire and her team utilise cloud software including Xero and Receipt Bank. ...
June 12, 2019Blog from the Dog - WTF a pool car!? It can only mean one thing - it’s P11d time!
And as a teaser, would the insurance of a combine harvester allow social and domestic use as well as business use?...
June 9, 2019Blog from the Dog - new VAT rules for the construction industry
Another “WTF!” overheard in the office of Rowdens relating to construction clients While I was sitting under the desks, dreaming of chasing rabbits, I overheard another WTF comment, “where’s the fat”…I must admit, I’m a little shamefaced about words involving fat due to a recent experience.I took advantage of a momentary lapse in concentration by Penny. She left the lid off the container containing fat balls for the birds in the garden and I thought it rude not to help myself ...
March 29, 2019We make things simple for MJO Forestry
We've already covered in 2 blog articles why Xero works for small businesses. The first - 'What's so good about cloud accounting - Part 1' explained the pitfalls of desktop accounting software and Part 2 detailed a seamless and pain-free transition. One of our more recent clients, MJO Forestry has been kind enough to document their move to us and explain in detail the benefits of Xero. ...
January 3, 2019We’re winners - Xero’s UK Small Firm of the Year 2018!
We’ve ended 2018 on a high - fantastic to be awarded Xero’s UK Small Firm of the Year 2018 at the recent Xero 2018 conference attended by 3,000 accountants at London Excel. This is a huge achievement for Rowdens. Xero is currently the market leader cloud based accounting package. It’s used by over 350,000 businesses in the UK alone and has revolutionised the way small and medium sized businesses run their bookkeeping and accounts and work with their accountant. Why we won We were jud...
December 19, 2018The utter joy of moving your bookkeeping from Sage Business Cloud Accounting to Xero!
Xero and Move My Books have just made a big announcement which will impact Sage Cloud users. It’s now possible to convert the data from the Sage Business Cloud Accounting package (formerly called Sage One) to Xero. Plus, Xero will pay for up to 2 years’ data to be converted....
October 3, 2018Blog from the Dog - What’s so good about cloud accounting? Part 2
I’m Lyra the office dog, part of the team at Rowdens Chartered Accountants. This second and final blog explains why cloud accounting is so good for businesses, whatever their size. My job is to let you know about the issues I think will be of interest and of course, have a bit of fun, chase a ball, stop you going down rabbit holes or digging massive holes for yourself and maybe help you pick up a few treats along the way!The first blog (see Part 1) covered the pitfalls of deskto...
October 3, 2018Blog from the Dog - What’s so good about cloud accounting? Part 1
This blog is the first of two explaining why cloud accounting is so good for businesses, whatever their size written by me, Lyra the office dog, part of the team at Rowdens Chartered Accountants. Part 1 covers the pitfalls of desktop accounting software and goes on to list the advantages of cloud accounting. Look out for Part 2 which details how you can make the transition seamlessly and painlessly....
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