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Navigating the New Year Slump: Mastering the Art of Cashflow for Hospitality Businesses

Menzies

Menzies LLP - A leading chartered accountancy firm. Navigating the post-Christmas slump can pose significant challenges for businesses, especially those in the hospitality and leisure sector. As sales dip after the festive season, maintaining cash flow becomes crucial.

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Cloud & Accounting – the perfect match

Menzies

Menzies LLP - A leading chartered accountancy firm. We all want to work smarter not harder and with the growth of Cloud accounting we can have the freedom and insight to stay on top of our business and finances 24/7. The benefits of switching to cloud accounting. Anytime, anywhere, any device. Secure & private.

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What’s next for your Pub – and how can you position yourself to succeed?

Menzies

Menzies LLP - A leading chartered accountancy firm. The struggles surrounding the Hospitality and Leisure industry are being amplified by the current cost of living crisis as well as the seemingly everlasting effects of the Coronavirus pandemic.

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Management Buyout (MBO) Example

Menzies

Menzies LLP - A leading chartered accountancy firm. ” James Hughes, the new CEO of Woodforde’s Background from Mike Grayer – Corporate Finance Partner Woodforde’s is Norfolk’s largest independent and a multi award-winning brewery. We look forward to continuing our relationship with Menzies in the future.”

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How to enhance the audit experience

Menzies

Menzies LLP - A leading chartered accountancy firm. The audit team should provide a ‘request list’ to the finance team well ahead of each visit, so the applicable documentation can be made available. For instance, the auditor may find that the finance team has provided information that is inaccurate or incomplete.

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Finding a solution to your firms succession conundrum

Menzies

Menzies LLP - A leading chartered accountancy firm. Having such an ability is valuable, but accomplishing it requires a culture born from respect and transparency across roles and activities – both fee-earning or in support and finance teams.

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The challenge of IFRS compliance

Menzies

Menzies LLP - A leading chartered accountancy firm. Instead of employing specialists to prepare their accounts and make sure all their documentation is in order, some businesses are attempting to do it themselves. If finance teams are unaware of the latest standards there is a risk of IFRS compliance issues arising.

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