The collected business news provides guidance to business owners and charity trustees across several key areas of strategic operation and risk management. It advocates for business owners to adopt a Chief Financial Officer (CFO) mindset, shifting focus from simple bookkeeping to proactive financial planning, forecasting, and regular weekly cash flow checks. Furthermore, the text clarifies the different ways a company can be formally closed, distinguishing between the simple procedure of striking off and the more complex process of winding up (liquidation). For charities, the source highlights the increasing financial pressures they face, such as rising operating deficits and the need to manage reserves carefully, based on findings from a Charity Commission risk assessment. Finally, it stresses the importance of including staff welfare within any incident response plan, citing guidance from the National Cyber Security Centre (NCSC) to ensure organisational resilience during cyberattacks or other disruptions.Simply Accounts & TaxE: [email protected]: www.simplyaccountsandtax.com YouTube

Ver todos los episodios