Ask The Circle: TAX Returns.

Do you find yourself leaving your TAX Returns to the last minute year after year? Find completing your TAX Return tedious and complicated? Do you want to know if you really need to do it, and if it really matters if it’s a little late?

Our Financial Controller Ruth has answered all of your need to know questions, so if you struggled this year, then the information below should help you to be much better prepared next time…

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Why a cash flow is crucial for social entrepreneurs

A man walks into a bank, pulls out a gun and says to the clerk, “Give me all your money. I need to set myself up in new social enterprise. I need initial investment until my cash flow is established.” 

The manager turns to the clerk and says, “You’d better do what he says, I think he means business.” 

How right our robber is, any social enterprise, no matter the size or how long it has been established, needs to have a robust cash flow. Like any other business, lack of cash is one of the biggest reasons for small business failure. 

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