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Raising Finance

Friend & Grant Chartered Accountants have been helping small and medium sized businesses in the Medway towns and North Kent for over 20 years

20th May 2021
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What is the new super-deduction for investment in equipment?

The new super deduction will run for two years from 1 April 2021 and is a radical new “super-deduction” of 130% for investment in new plant.

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14th April 2021
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Restart grant – could your business be eligible?

The government is offering grants to enable businesses to open up safely now that the Covid restrictions are starting to be lifted. Read this blog to see if your business may be eligible.

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2nd November 2020
Extension to the Self-Employment Income Support Scheme (SEISS) Grant

Extension to the Self-Employment Income Support Scheme (SEISS) Grant

Are you eligible to claim the SEISS extension grant? Make sure you know what you can claim for.

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28th August 2020
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What is a management buyout or MBO?

As your business comes to maturity thoughts often move to retirement and if possible extracting value from the sale of your successful business. One option many business owners consider is selling to their management team. For many it just feels right. It also offers a simple and flexible way to leave a business in the safe hands of individuals who fully understand the business.

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21st August 2020
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Looking to give shares away in your company? Beware the pitfalls.

Looking to give shares away in your company to secure an investor, business partner or lock in an employee? Beware the pitfalls. In this blog we look at why company owners are prepared to sell or giveaway shares in their companies. We look at the problems, the tax issues, some of the solutions and recommendations we would make to ensure that if you do sale or give away part of your company that you secure your financial position.

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23rd July 2020
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What is factoring?

Need finance to cope with your business growth? Have you considered factoring? If not then please read our article which looks at what is factoring and 8 key points to consider when choosing a factor.

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8th June 2020
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Cashflow problems? How do I build a better credit control system?

Cash is king! In bad times there isn’t the luxury of being slack with extending credit to customers. For many businesses poor cash collection is the difference between life and death. Here are 15 easy steps to building a better credit control system and improving cashflow management.

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1st June 2020
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An important update to the Coronavirus Job Retention Scheme

On 29 May 2020, the Chancellor announced some changes to the Coronavirus Job Retention Scheme that will likely impact a lot of businesses - the "Flexible Furlough Scheme"

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28th May 2020
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Our 10 point plan to survive and thrive in the current environment

Everything has changed. For many businesses the coming months will be a real challenge. With the removal of lockdown and a deep recession many businesses will not survive. If you have been adversely impacted by Covid 19 here is our 10 point plan to not only survive but more importantly thrive.

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14th May 2020
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What is the Coronavirus Future Fund?

The Government has announced a new scheme to issue convertible loans to innovative companies which are facing financing difficulties due to the Coronavirus outbreak.

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13th May 2020
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Is it a good idea to claim for the Coronavirus Business Support? A word of caution…

There are a few technicalities that businesses should be aware of when they are taking advantage of any Coronavirus Business Support.

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6th May 2020
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Coronavirus - Is there any help for those not paying business rates?

The Government has announced an improvement to the grants that are currently available for small businesses.

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29th April 2020
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What is the Bounce Back Loan Scheme?

Increased pressure from businesses unable to access the Coronavirus Business Interruption Loan (CBILS) funding has led to the government announcing a new loan scheme for those in need of smaller loans.

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14th April 2020
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How to use Technology to Reduce Debtor Days and Improve Cash Flow

Cash flow is king in any business. Yet cash flow is one of the areas that many businesses struggle to manage. We explain ways in which you can use systems to help chase your debts more efficiently.

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10th April 2020

Government to provide cash grants for frontline charities

Charities across the UK will receive a £750 million package of support to ensure they can continue their vital work during the coronavirus outbreak, tens of thousands of charities will benefit from direct cash grants to ensure they can meet increased demand as a result of the virus as well as continuing their day-to-day activities supporting those in need.

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23rd March 2020
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What are the Coronavirus Business Interruption Loans?

The Chancellor announced the Coronavirus Business Interruption Loan Scheme (CBILS) in his latest Budget. This scheme opens for applications from 23 March 2020 and can provide facilities of up to £5m for smaller businesses across the UK who are experiencing lost or deferred revenues, leading to disruptions to their cash flow.

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23rd March 2020
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Coronavirus – Help for the Self-Employed

The Chancellor has set out a package of temporary, timely and targeted measures to support businesses through this period of disruption. Regrettably for most of the self-employed there is little help.

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21st March 2020
Joint hands at wooden desk

What is the Coronavirus Job Retention Scheme?

The Chancellor outlined a package of measures that have never been seen before in order to protect million’s of jobs and incomes in response to the coronavirus crisis. A new Coronavirus Job Retention Scheme will be set up to help pay people’s wages.

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16th March 2020

How Your Business Can Survive The Coronavirus Crisis

There is no doubt we are living in unprecedented times. The coronavirus has increased uncertainty to levels that we in the UK have not seen for decades. The first thing to say however is that life goes on and to a large extent we can only deal with what is immediately in front of us....

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16th January 2020
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Construction Industry Pitfall Number 3: Cash Is King

Over the past 30 years we’ve worked with countless small and medium sized building and construction businesses. Many have flourished but unfortunately some have failed…. And cash flow is one issue which comes up time and time again.

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22nd October 2019
Egg hatching

How to Get Investors for Your Business

If you need funding for your business and want to attract investors, why not look at SEIS and EIS? They're tax schemes authorised by HMRC and provide generous tax incentives to the investor.

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21st August 2019
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Where Has My Cash Gone?

Many business owners look at their bank balance to give an idea of how their business is doing, then when they sit down at the end of the year with their accountant to sign off the accounts, they have made a profit (or a loss) that does not match their bank – but why?

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13th January 2019
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How Strong Is Your Balance Sheet?

Your balance sheet is important and shouldn’t be ignored. It’s visible to everyone if you’re a company so people can assess whether to do business with you or for a potential buyer to value the business.

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7th November 2018
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The Power of Broke

Building a Business without cash means developing creative ways to promote a business. A lack of cash resulted in lots of creative way to build the businesses. From startups, through growing businesses to established businesses, there's example after example.

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Book Your Discovery Meeting

Are you hungry for success? If you run a small to medium size business and you want to grow your sales, increase profitability and pay less tax then you have come to the right place.