Avoid the perils of poor cash management

There is more than a grain of truth in the notion that businesses often fail because they do not have the cash to pay a key supplier rather than because they have a surplus of liabilities over assets or, in other words, have become insolvent. 

Maintaining an adequate cash balance (i.e. liquidity) and carefully managing its cash receipts and payments as part of its normal regular activities is crucial to ensuring that a lack of liquid resources does not become a threat to the survival of a business.

Here are some issues for small and medium sized businesses to consider when managing cash flow. Read more

Tax-Free Childcare replaces Childcare Voucher Scheme

Tax-Free Childcare will replace the existing Childcare Voucher Scheme from the 1 October 2018. Parents already receiving childcare vouchers will be able to continue to use them after October if their current employer continues to offer the voucher scheme, but no newcomers will be accepted. Read more

Read our Fact Sheets 

On the DRG website, you will find a range of Fact Sheets, which aim to give you a good initial overview of the topic. Here is just a selection of some of the subjects covered:-

Business Motoring - Tax Considerations
Company Secretarial Duties
Directors' Responsibilities
EMI Share Ownership for Employees
Enterprise Investment Scheme (EMI)
Property Investment - Buy-to-Let

We are constantly adding new Fact Sheets -  but do get in touch if there is a particular area that you would like covered.

Maidenhead and Windsor Business Awards

DRG is delighted to sponsor once again the Fast Growing Business category in the 2018 Maidenhead and Windsor Business Awards. Local businesses can get involved in a variety of ways:-

Nominate some of the great businesses you know
Just complete a simple online form which can be found on the Awards' website.

Enter your business in up to three of the fifteen available categories
It's free to enter - all you need to do is complete an entry form, which can be downloaded from the Awards website. The "Top Tips" video gives some good advice for completing your entry.

Book your tickets to Black Tie Awards Ceremony on Friday 21st September
This promises to be a sell-out, so book your tickets early.

Our Approach to GDPR - FAQs

GDPR came into effect on 25th May 2018. As an organisation, which has access to your sensitive data, DRG has an on-going duty to comply with GDPR and has taken various measures to ensure the safety of the information which we hold.

In order to address any of your queries or concerns in this regard, we have produced a list of questions and answers which summarises our approach to complying with GDPR.  However, if you would like to discuss any element of this further please do not hesitate to contact Oliver Burton on oburton@donaldreid.co.uk. 

Please note that our updated Privacy Notice can be found on our website at www.donaldreid.co.uk/privacy.