News


The Due Diligence Process. Challenges & Solutions !

Background The due diligence process is the key element of any business exit, as invariably the whole process will stand or fall based on the outcome(s) of the exercise. Also irrespective of ...
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Entrepreneur of the Month

            Our Entrepreneur of the Month is Chris Bowden, geographer, planner, successful entrepreneur and the owner of Navigus Planning.   He shares with us how a change in Government ...
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Cyber Security Challenges

We had the pleasure to have Jason Cobine as a guest speaker at our last Business Clinic event ‘Better Managing Business Risks’ where he talked about cyber risks and how businesses could ...
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Sakura Business Clinics Present:

Sakura Business Clinics returns with our first event of 2017. As the founder or owner of a business, this will likely be your single largest asset. Following the success of our last ...
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Changes to the Flat Rate Scheme and VAT Return in 2017

  HMRC’s flat rate scheme aims to offer businesses with an annual turnover of less than £ 150,000 per annum a simpler and easier way to reclaim and calculate their VAT compared ...
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Entrepreneur of the Month

    Our Entrepreneur of the Month is Rachel Daniel, an executive coach with extensive experience in coaching and training leaders and organisations, who is also a successful entrepreneur and owner of ...
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Tax Saving opportunities for SMEs- Research and Development (‘R&D’)

  R&D is a generous relief used by the UK government to attract technological companies to base in the UK. The relief is also available to companies carrying out non-technological R&D activities ...
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Entrepreneur of the Month

February’s Entrepreneur of the Month is Julian Sehmi, Owner of his own Design Consultancy supporting the Ocean Home Designs brand, successful entrepreneur and design consultant. He shares with us what gives him ...
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Are you Ready for the Payroll Year End?

As we approach April, and the end of the tax year once more, it is a good time for you to review your end of year payroll processes. The payroll year end ...
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The Business Clinic Series – The event about business risks!

  Last night in our Fulham offices at Dawes Road Hub, we held the next event in our series of Sakura Business Clinics. On this occasion, the topic was ‘Better Managing SME ...
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Employing and Retaining Staff During a Period of Growth

During a sustained period of growth, it’s fundamental to maintain a consistent, loyal and content workforce to ensure excellent service delivery and client management. Considering the legal, ethical and cultural boundaries of ...
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Entrepreneur of the Month

  Our Entrepreneur of the month this month is Studio McW a young and very dynamic architecture practice based in London. From rebuilding schools in Haiti and winning prestigious prizes, David McGahon ...
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The Winning SME Pitch Strategy

Opportunities for SMEs The dream for many small businesses is to accelerate their business growth by winning a contract with a large corporate e.g. Sainsburys, Waitrose, Virgin, Barclays etc. At the same ...
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The Bribery Act 2010

From time to time SMEs provide entertainment to their customers, or alternatively receive entertainment from their suppliers. So when is entertainment, not entertainment but something more sinister?   The Bribery Act came ...
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Sakura Business Clinics Present

What: Join us for our evening Business Clinic as we highlight some of the business risks that growing SMEs are likely to experience on their journey, along with solutions to effectively manage ...
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6 Ways of Ensuring your Pitch to Large Corporates can be Successful

  The opportunities for SMEs to pitch to larger corporates and become a supplier to these organisations have never been greater, as brands and global businesses look to incorporate niche, local or ...
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Another Successful Business Clinic!

  The most recent of our series of Sakura Business Clinics, ‘SME’s & Growth-Facing the Key Challenges’ was held at our offices in Fulham last week. There was a very lively atmosphere at ...
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Entrepreneur of the Month

  Our Favourite Entrepreneur this month is Rebecca Leese, founder and a Managing Director at Bretom. She shares with us how the passion for business combined with a passion for creativity helped ...
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Brief Introduction to Key Performance Indicators (KPIs)

Ahead of our upcoming Business Clinic event on Key Performance Indicators (KPIs), we thought we would highlight some of the basic issues around using KPIs in your business. Click here to learn ...
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Entrepreneur of the Month

  Our favourite entrepreneur this month is Robert Wainwright, founder and a principal partner of WWA Consultants. WWA Consultants is a management consultancy firm that specialises in business and profit growth. He ...
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Sakura Business Clinics Present:

What: Join us for a free evening Business Clinic to learn about the key challenges of growing SMEs and how to overcome them to achieve business success When: 13th September 2016  From ...
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Meet Rachel Chin- Our New Trainee Accountant

1. Tell us a bit about yourself and what is your role at Sakura? I have just completed my AAT level 4 studies and I will shortly be studying for the ACCA ...
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Meet our Favourite Entrepreneur of the Month

      Our favourite entrepreneur this month is Ian Lawry, CEO of Sobus. Sobus, (so(cial) + bus(iness)) is a new Community Development Agency for Hammersmith and Fulham, which also provides flexible ...
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5 Tips to minimise the effects of the changes to the taxation of dividends

Changes to the taxation of dividends post 6th of April 2016 The government recently announced significant changes to the existing dividends taxation regime for UK companies. The changes apply from 6th of ...
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Meet our Favourite Entrepreneur of the Month

Our favourite entrepreneur of the month is the ever charismatic and inspiring property entrepreneur Jason Gabb who gets an endorphin high from running his own business. Jason is the Founder and Director ...
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Property Investment for businesses

Your guide to the various asset routes There are worse problems to have. You’re making money, netting profits which are building up in a business bank account and you need options to ...
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Construction Industry Scheme Guide

CIS – What Is it? Construction activities are a core business activity within the UK SME business sector, and have been for generations. In 2007, HMRC introduced the Construction Industry Scheme (CIS) ...
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PSC Guide Part 2. How to Identify People with Significant Control for the PSC Register

Following on from our recent introductory blog on the new PSC legislation which briefly covered the basics of the PSC register requirements, on this occasion we are covering some of the more ...
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Steering Your Business through Calm Waters

         Bruce Aldridge via Flickr You are the Captain of Your Ship As the director of your own limited company you are essentially the captain of the ship. You ...
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8 Mistakes Entrepreneurs Make and How to Avoid them

1. Don’t be daunted Many entrepreneurs set themselves almost unachievable goals. While idealism and dreams are great qualities in an entrepreneur, setting unrealistic goals often means disappointment and it can also mean ...
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What Is it Like to Work at Sakura?

How would describe your overall experience of working at Sakura? Choosing to work for Sakura was one of the best choices I’ve made. From day one I was warmly accepted by the ...
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Important SME Update

As of the 6th of April 2016, all companies in the UK are required to register “People with Significant Control” in the PSC Register. Failure to comply may result in fines or ...
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Entrepreneur Weekend Tips

A Book Is Like a Dream You Hold in Your Hand Being a true entrepreneur is challenging and often means that work, passion and time-off merge into a life style where no two days ...
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Key Performance Indicators (KPIs) for SMEs

Key Performance Indicators as Tools for SMEs to Drive Growth A wise man* once said that doing the same thing over and over again and expecting a different result is the actual ...
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Meet our Favourite Entrepreneur of the Month

Our favourite entrepreneur this month is fashion lover and successful business woman, Susie Doenhoff, Founder and Director of Fashion Rider – an online platform showcasing and promoting established and fresh talents in ...
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Full House at our Dividends Taxation Breakfast Clinic this Morning

Major changes to taxation of limited company dividends came into force on the 6th of April. As a result, the majority of SME company business owners and directors will now be paying more ...
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10 Reasons why all Growing SMEs Need a Part Time Finance Director

The Holy Grail of SMEs The holy grail of any small business starting out is to grow turnover, take on staff, and steadily increase marketing activity with the aim of driving their ...
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5 Important Legislation Updates for SME Owners & Directors from April 2016

1. Major Changes to Taxation of Dividends for 2016/2017 From the 6th of April 2016 the Existing Dividends Tax will change significantly. The changes will have a negative impact on most SME ...
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Reimbursing Employee Expenses?

What is a Dispensation? Currently, employers can apply to HMRC for a “dispensation”, which means that they can avoid having to report the reimbursement of “out of pocket” expenses to employees on ...
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Changes to the National Minimum Wage

What is Changing? The National Minimum wage is being “re-branded” as the National Living Wage from 1st April 2016. This essentially adds a new band of minimum wage to those already in ...
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Increase in the Amount of the Employment Allowance for 2016/17, but Beware of Changes!

What Is The Employment Allowance? The Employment Allowance was introduced in April 2014, as part of the Government’s efforts to stimulate the economy and boost employment in the SME sector (which is ...
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Under 21 Employees and Apprentices Under 25

What is happening? As of 6th April 2016, employers with apprentices who are under the age of 25 will not have to pay Employer’s national insurance on the employee’s earnings up to ...
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Major Changes to Taxation of Dividends for 2016/2017

What is Changing? The government has announced significant changes to the existing dividends taxation regime for UK companies. The changes will come into effect from 6th of April 2016 and will have ...
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QuickBooks, Xero or Sage Accounts 50

  Image by Luke Price via Flickr Having the right accounting software in place could potentially save your business a lot of time and money. But what do you choose? The Accounting ...
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Franchising

Intellectual Property could be Your Business’ Most Valuable Asset Does your business own Intellectual Property? The answer to this question is most likely to be yes. But the more important question is ...
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Licensing of Intellectual Property

Intellectual Property could be Your Business’ Most Valuable Asset Does your business own Intellectual Property? The answer to this question is most likely to be yes. But the more important question is ...
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How to Use Intellectual Property to Grow and Protect your Business Value

Intellectual Property could be Your Business’ Most Valuable Asset Does your business own Intellectual Property? The answer to this question is most likely to be yes. But the more important question is ...
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Meet our Favourite Entrepreneur of the Month

Our favourite entrepreneur this month is the always energetic and passionate creative-tech entrepreneur; Andres del Risco, Director of Foundry. Foundry is a digital agency delivering cutting edge design, websites, mobile apps and ...
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Management Reporting for SMEs

You may think, why spend the time and money on management reports. The answer is simple: Because you can’t afford not to! Having a routine management reporting process can support you to ...
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Meet our Entrepreneur of the Month

  As part of our new series on inspiring London entrepreneurs, below we have Founder & CEO of Glisser, Mike Piddock who unveils his top tips to start-up success along with the ...
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Sakura Business Clinic about Branding, Trade Marks & Financial Issues of IP was a Success.

Great Food for Thought and Lively Discussions on Branding, Trade Marks and Financial Issues around Intellectual Property Last night we kicked off the very first of our “Sakura Business Clinics”, with the ...
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Sakura Business Clinics Present: Taxation of Limited Company Dividends

What? Free business breakfast clinic to update you on the changes for taxation of dividends. When? Friday the 15th of April 8am-9am (Lecture by Damian Connolly, FCCA followed by a Q&A) Where? Sakura ...
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Funding Basics

Create a “Funding Road Map” Aiming high is only an option when you know exactly what you are aiming for. Whether you need funding to start a new business adventure, or you ...
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Customer Credit Strategy

Image by George Redgrave via Flickr (text added) What is Credit Control and Why is it Important? Credit control is a system every business should have in place in order to make sure ...
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What is Intellectual Property?

The 2 Most Common Mistakes Businesses Make With Intellectual Property 1. Failing to Consider Protection Many new and existing businesses don’t consider or simply don’t get round to protecting their Intellectual Property ...
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How to Identify and Calculate the VAT Flat Rate for Your Business

What is the Flat Rate Scheme? HMRC’s flatrate scheme aims to offer businesses with an annual turnover of less than £150,000 per annum, a simpler and easier way to calculate their VAT ...
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Meet Brendan Malin – Our New Trainee Accountant

What did you want to be when you were a child? I wanted to be an architect when I was younger, a job that my grandfather did and I thought sounded interesting. ...
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2016: No More HMRC Dispensations for Employee Benefits and Expenses!

What is a Dispensation? Currently, employers can apply to HMRC for dispensations to avoid having to report benefits or expenses annually in April or May which the employee would not be liable ...
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7 Steps to Your Creative Business’ Financial Success

Photo by Eva Rinaldi via Flickr 1. Focus on one Area and be the Best! The most successful creative businesses are the ones who do something different. Every creative is unique in ...
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Budget Basics for SMEs – 6 Golden Tips!

  A Matter of Good Business Practice Good business practice suggests that having targets and clear goals for a business, will help to focus the minds of both owners and their staff ...
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Update: Investment Allowance Cut from January 1st 2016

From 1st of January 2016 the annual investment allowance (AIA) will be cut from £500,000 to £200,000. Here is how this will affect your business: What is AIA? The annual investment allowance ...
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The Art of Credit Control for SMEs

The Dangers of Ineffective Credit Control Credit Control is a core element of any business, as without regular receipt of cash from your Customers, your business will not survive very long! In ...
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Why Intellectual Property Could Help Make or Break Your Business

What is Intellectual Property? The importance of Intellectual Property (IP) is often underestimated, perhaps due to its intangible nature – IP includes patents, trade marks, copyright and designs. All businesses own IP ...
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Sakura Business Clinics Present:

Join us for this free business clinic and learn how to grow your business by managing your brand  and trade marks successfully, and meet like-minded peers who are also passionate about business ...
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VAT Flat Rate Scheme

What is the Flat Rate Scheme? HMRC’s flat rate scheme aims to offer businesses with an annual turnover of less than £ 150,000 per annum a simpler and easier way to reclaim ...
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Remember to Update your staff Members Personal Details

HMRC must be notified of any changes to your employees personal details. The employee can make the changes easily and quickly via www.gov.uk/tell-hmrc-change-of-details by providing their National Insurance Number Failure to notify ...
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HMRC Changes Bank Account from February 2016

HMRC is moving its bank accounts to Barclays in February 2016. Taxpayers who pay their bills electronically will not be affected by this. The tax payers that will be affected from February ...
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How to Use Your Creativity to Fuel your Business for Growth

Albert Einstein once said “Imagination is more important than knowledge”. He based this on the fact that while knowledge can take you from A to B, imagination can take you anywhere. Meeting ...
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The No. 1 Mistake Businesses Make When Choosing Accounting Software

Consider the Medium and Long Term Benefits In our experience, there is one big opportunity that businesses often forget to factor in when choosing their accounting software. Considering whether your chosen new ...
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7 Reasons to Register Your Business as a Limited Company

  What Does “Limited Company” Mean in Practice? A limited company allows you to run a business and keep your personal finances completely separate from the business activities. In other words the ...
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How to Set up a Limited Company

  3 Easy Steps to set up a Limited Company Do you have a great idea that you are thinking of turning into a business, or are you already set up as ...
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Sole Trader or Limited Company?

    Sole Trader Status Means Freedom for a Small Business A regular question faced by business owners, is whether they should trade as a self employed sole trader or instead choose ...
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QuickBooks, Xero or Sage Accounts 50?

The accountancy software market has been changing dynamically in recent years particularly in the SME marketplace, as online software – ‘cloud accounting’ becomes increasingly popular. To help you navigate safely through the ...
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How to Choose the Right Accounting Software

The Advantages to Having the Right Accounting Software Choosing the right accounting software for your business can be daunting with the overwhelming number of options available. Reducing admin time and minimising errors ...
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Business Coaching: How can it help you turn your business around?

So what is a Business Coach? In simple terms, a business coach is someone who will help to discover what your definition of success is and will guide you through the steps ...
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Accounting Software is the Key to Your Business’ Financial Success

  Most small and medium sized businesses will at some point arrive at the stage where they need to leave the excel sheet behind and move on to accounting software. Not only ...
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Social Media Tips for Professional Services Firms

What We have Achieved With Social Media There is no way around it. Social media is here to stay and if you don’t have a social media presence you are missing out. ...
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The Understated Value of Bookkeeping!

Although bookkeeping can sometimes be seen within a business as a basic, functional and ‘non value added’ part of an accounting service, my own experience tells me categorically that this is not ...
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Employment Allowance Update

The employment allowance was introduced by the Government in April 2014 with the aim of taking some of the additional costs of employing staff away from SME’s, by providing an annual allowance  ...
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How to Register as Self Employed When Setting Up Your Own Business

Advantages of Registering as Self Employed vs. Limited Company. You have a great idea, you’ve made a business plan and you may even have your first clients lined up, but what do you do ...
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New Legislation for Corporate Directors

What’s changed? As part of the Government’s effort to drive additional transparency in the UK, the Small Business Enterprise and Employment Act 2015, introduced in April 2015 now means that any company ...
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CRM = Growth and Gain

  With a limited budget for marketing, SMEs tend to focus their efforts on attending networking groups as well as using telephone or email marketing to generate new contacts and leads. But ...
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Social Media Planning – Where to start!

Q. How do you manage to find the time for social media management working part time? A. I really think the key is to plan well and have realistic goals. If you ...
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Employment Allowance

What is the Employment Allowance? The Employment Allowance is a Government funded scheme that was introduced in April 2014, with the aim of boosting employment and stimulating the economy. Employers receive a ...
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Employee Profile

Do you think accountants are the least passionate people on earth? Well think again! Nasima is one of the stars of the Sakura Accountancy team and an exam qualified ACCA accountant. Here, ...
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A Quick Guide to Work Place Pensions Auto Enrolment

Are you unsure of how your business will be affected by the new changes in workplace pension’s regulation? Well look no further. We caught up with Dave Sykes, Director of CB Financial ...
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