Being an executor for an estate is a considerable responsibility. It is likely to be time consuming and can be an additional source of stress at a difficult time. That is why it is important to get specialist advice to support you through the probate process.
If you run a charity you should be aware of the importance of your trustees avoiding conflicts of interest. But what does that really mean and why is it so important? For small charities in particular, some of which have no staff and are run entirely by trustees, it is vital to understand what this means and how to remain compliant. However, this is an issue that affects all charities.
The South West has traditionally been known for a preponderance of businesses in the agricultural, leisure and tourism sectors. Now, there is a ‘new kid on the block’: the tech company.
For many, when new legislation in the form of Open Banking came into force on 18 January 2018 it passed with very little fanfare. However as with lots of modern technology, the regulations opened up a world of new opportunities for both individuals and businesses alike to take control of their financial data.
Many businesses use risk registers to help identify, and mitigate against, potential risks. A risk register is a crucial tool for any business, especially in areas such as project management.
Internal controls are a key way for businesses to prevent fraud. In recent years there have been a number of high-profile cases of companies and charities being targeted by fraudsters, both internal and external to those organisations. However, what is less well publicised is the value of wealth that is lost simply as a result of poor internal controls and badly designed systems.
Thank you to all our clients and professional contacts who attended our recent golf day, which raised £6,754.76 for South West MS Centre. We have held an annual golf day in support of the Exeter-based charity for more than 15 years.
If your business has survived the start-up phase, you are likely to find yourself in the position of running a growing business. This period in a business’ growth typically lasts between two and ten years and brings a whole new set of challenges and opportunities.