In the competitive world of business, understanding your company’s worth goes far beyond a simple monetary figure. It’s about gaining valuable insight into what drives your success, highlighting areas for improvement, and strategically planning for the future. Whether you’re looking to attract investors, preparing for a sale, or simply seeking a clearer picture of your market position, knowing your company’s value can make all the difference. Here’s why understanding what your business is worth should be a priority for all UK business owners.
Artificial Intelligence (AI) has rapidly evolved from a niche technology to a transformative force in business. While AI is already revolutionising industries like finance, healthcare, and retail, the future promises even more innovative applications. As we look ahead, businesses that harness the power of AI will likely gain a competitive edge, improve efficiency, and unlock new opportunities. Here’s a glimpse into some potential future uses of AI in business.
Setting up a business in the UK as a European entrepreneur can be an exciting venture, but it also comes with unique challenges. Below, we explore some of these challenges and how Acconomy Chartered Certified Accountants can help you navigate them successfully.
Running a business comes with a myriad of responsibilities, and ensuring the safety of your employees should be at the top of your list.
This summer has brought with it several major sporting events – The Euros, Wimbledon and the Tour de France are currently all in progress, and the Olympics begin later in July. While this can be good news for businesses working in hospitality and retail, there can also be a dip in productivity as employees take time off or become distracted during major matches or events.