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Understanding Your Cash Runway
To help your business grow, it’s essential you understand your cash runway. But what is? And why is it so important? Read on to find out…
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Your Complete Guide to Accountex 2018
It’s that time of year again! Time for all you number crunchers, keepers of books, and fintech savants to say “calcu-later!” to your spreadsheets and descend upon the UK’s largest event dedicated specifically to you! That’s right, Accountex 2018 officially kicks off on the 23rd May! With the industry constantly changing and evolving, Accountex provides […]
How To Use Xero in 13 Easy Steps
Xero is an online accounting software designed for small businesses. If you’re new to Xero, then this guide to getting started should help you quickly get up and running. Here are 13 steps to get you started using Xero to get a better handle on your finances. 1.Watch the ‘Xero Dashboard’ video The first step […]
How to Stay Productive When You Work Remotely
In these days of uncertainty, social distancing, and government-enforced restrictions, a lot of people are facing the fact that they’ll soon (or are already) self-isolating, or working from home. Working remotely or freelancing has its positives— working in your pyjamas being one of them— but when it comes to self-motivating and staying productive, it can […]
Best And Worst Types Of Businesses For Cash Flow
Some types of business are more likely to run into cash flow problems, while other types appear to be more resilient. If you’re a business owner, you might be wondering which category your business falls into. But here’s a secret – no matter how inventive or simple your business model is, you can still have […]
3 Ways To Get Funding that Every US Business Owner Should Know
No matter what industry you’re in, if you’re a business owner, there will probably come a time when you could use some extra capital to achieve your goals. Where, when, and how to apply for funding is an issue that every business owner must think about carefully, whether they want to expand their operations to […]
3 Accounting Technology Trends To Keep On Your Radar
Accounting technology is developing at a rapid rate. In June 2019, Accountex reported that the accounting, banking and fintech systems were working closer together than ever before. This accounting tech explosion is exciting – and maybe a little scary. To avoid app fatigue and make sense of this landscape, it’s important for both accountants and […]
Top 5 QuickBooks Add-Ons
We’ve searched high and low to bring you the top 5 QuickBooks add-ons available! Designed to help you and your business, these apps will keep you on top of your finances. AutoEntry – Automated Data Entry AutoEntry is an app designed to take away the pain and hassle of manual data entry to your […]
Ready, Set, Grow: A Guide to Funding Business Growth
Almost every small business struggles through ups and downs on their journey to funding business growth. When you’re battling the day-to-day, it can be easier said than done to identify and embrace opportunities for growth, but there are a few different areas where the right finance could help. Take on new projects If you […]
Float Is One Of The 1st QBO Apps on QBOA!
This week, Intuit announced the new QuickBooks Accountant Apps Program to help accountants more efficiently select and manage QBO apps for their clients. Float cash flow forecasting is one of the first eight apps to be integrated with QuickBooks Online Accountant (QBOA). QBO Apps chosen for the initial rollout of the program were selected by […]
Notifications are Now Live!
Wondering why your cash flow forecast looks off? Or how that overdue bill snuck up on you and put you in a bind? Or ever just logged in to Float and wondered ‘where do I start’? You’re not alone. That’s why we’ve released notifications within Float to let you know when you’ve got overdue bills […]
The Future of Accounting: Will it Still Exist in 2040? [Part 2]
Which Accountancy Firms Will Survive? In the first part of this article we looked at why I believe there is still a role for accountants and accountancy firms in the future. In this part – I’m offering a prediction for which firms will thrive and which ones will likely struggle to survive the inevitable […]
The Future of Accounting: Will it Still Exist in 2040? [Part 1]
With the imminent rise of artificial intelligence, a wide variety of professions will be at risk of becoming obsolete within the next 20 years. With this in mind, many business owners and number crunchers alike are asking themselves, “what is the future of accounting?” The robots are coming Let’s be honest, accountants have a […]
The 5 Best Xero Apps – Updated for 2021!
We have scoured the marketplace to bring you the five best Xero apps. From reporting software to time management applications, we’ve covered a wide variety of apps which work with Xero and are designed to make your life easier. These apps function globally and offer customer support regardless of your timezone. Whilst you’re at it, […]
How it feels getting your startup to breakeven
I’m terrible at marking milestones. As soon as I hit one, I’m on to the next, so they drift by, uncelebrated into the distance, while the next, more pressing, challenge comes into focus. That said, I’d like to take a moment to acknowledge a milestone we’re just about to hit at Float. Hitting “cash flow […]
How To Prepare Your Business For The Next Recession
There has been a lot of chatter in the media recently that another economic downturn might be around the corner. As The Wow Company found in their recent “How recession-proof is your business” survey, a surprisingly high number of UK-based businesses are not prepared for the next recession. If the next recession is coming, many businesses […]
Financial Mistakes To Avoid In Your First Business
After spending months thinking about it, you finally decided to quit your 9-5 job and start your very first business. You think that this will be a win-win situation for you because you get to do what you love and be your own boss. That enthusiasm is a great start, but do you know how […]
3 Proven Tactics For Accountants to Increase Revenue From Existing Clients
Jay Abraham, business and marketing guru, famously said that there are really only 3 ways to grow a business: Increase the number of clients Increase the average transaction value Increase the frequency that the average client buys from you Most accountancy practices think that in order to increase their revenue, they need more clients. […]
Meet Kieran – Our New Product Manager at Float
If things are going well, at some point your company reaches a point where the CEO or founder needs to bring in some help so that they can focus on all the other stuff they need to do in order to run their business. Here at Float, that meant hiring a product manager to help […]
Tackling your cashflow challenges this Christmas
Most of us look forward to Christmas as a time for fun, festivities and spending time with the family. If you’re a small business owner though, it’s not always the carefree holiday you might hope for. Christmas can bring its own challenges for business owners, especially where cashflow is concerned. However, it doesn’t have to […]
How to Sell Float to Your Clients
You know how important an operational cash flow forecast is to your clients’ businesses, but do they need some help understanding how crucial it is? If you’re looking to sell Float to your clients, you’ll find these best practices helpful. We put together the best ways to explain Float to your clients in a way […]
Float Wins Best Forecasting App at the Software Excellence Awards!
We are ecstatic to have won the coveted Forecasting, Planning & Analysis award at the 2017 AccountingWEB Software Excellence Awards on October 19th! Hosted at The Brewery in London, these prestigious awards recognise the best of the best in accounting technology. We shared our category with some fantastic software providers such as Microsoft, Spotlight, Fathom […]
9 Signs it’s Time to Update Your Business Plan
Is your business plan due a facelift? Maybe it’s been a while since you last looked at your plan or maybe your business has been going through significant changes recently. No matter your situation, a business plan is a living document that needs constant attention and updates to accurately communicate the state of your business […]
3 Forecasts Your Business Needs To Succeed
Forecasting is the process of estimating the impact trends, costs and external factors will have on your business in order to give yourself time to prepare. This is integral to planning and the more accurate your business forecast is, the better you know your business. There are many different business forecasts you can create, but […]
Everything You Need To Know About Xerocon London 2017!
It’s that time of year again: time for all of us Xero users, Xero ecosystem partners and Xero certified accountants to get in a room together, put faces to names, share tips and find out what’s new in the world of Xero. We’ve put together a handy guide to the London leg of the Xero […]
Top Tips To Instantly Improve Your Cash Flow Projection
Projecting cash flow is hard. But the more accurate you can make a cash flow projection, the more powerful they become. Here’s a list of 9 things we see business owners and finance directors doing that give them mastery over their cash flow predictions. 1. Clearly articulate your plans As Eisenhower once said: “plans are […]
The Best Xero Add Ons for Business Funding
Whether you’re trying to bridge a cash gap or secure funding to grow your business, the Xero marketplace offers a suite of apps that can help. From add ons that help you to secure funding to ones that help you manage it, there’s something to help you every step of the way. Because of local […]
9 Expert Tips To Instantly Improve Your Business’s Cash Flow
There are many reasons why you may want to improve cash flow in your business. Maybe you’re looking to free up some cash to put towards growth, or maybe you’d like to build up your cash cushion to protect yourself from any bumps in the road. Whatever your reason, we’ve got you covered. Sue Hirst, […]
How to Help your Clients Navigate the Xero App Marketplace
Using Xero’s wide range of connected apps on the Xero app marketplace is a great way for you to customise your clients’ accounting solution, using tools that can help them streamline repetitive processes and save time. Even adding just one of the right apps can significantly enhance your clients’ profitability. Xero offers apps that can […]
Cash Flow Forecast in Excel – Pitfalls to Avoid
Creating a cash flow forecast in Excel (or another type spreadsheet) can be a critical step towards proactively planning for the future of your business. But keep in mind that a manual forecast is tricky to get right and keep up to date. When you’re getting started forecasting in Excel, take care to watch out […]
Free Cash Flow Forecast Template
We understand how important cash flow forecasting is for a business, especially right now. That’s why we’ve created a cash flow forecast template for you to start using for free today. Simply hit the button below and it’s yours. Do you know exactly how much cash is coming into and out of your business? If […]
How Cloud Technology Has Transformed the Role of Accountants
The role of a tax accountant has been continuously changing over the course of the last 50 years, and it is currently undergoing yet another transition period with the growing popularity of cloud accounting. In the days before the cloud, the accountant was typically involved in every intricate detail of the lives of their clients. […]