I have found that many people running limited companies whether contractors or not seem to run into the same challenges and frustrations when it comes to cash flow.
Typical pain points of small business owners and people running limited companies:
1) Trying to do everything themselves and getting overwhelmed
2) Trouble with Invoices getting paid/always chasing
3) Don’t understand the financial reports they are being sent from accountant/don’t have the time to look at them properly
4) Never seem to have any cash
I have been working closely with a lady called Joanne Whitehead, she runs Frankly Consult Accountants London. Their services are so good that I felt I had to give them a shout out and if you find yourself in any or all of the circumstances described then you should give them a call. Frankly Consult takes ownership and accountability for all these pains and lets you get on with running your business.
They are in essence outsourced financial guru’s, they don’t just crunch numbers, they can also do that but ultimately they are there to support your growth and the pain points and distractions along the way that will hinder your progress.
Look them up!