The covid-19 pandemic is impacting most small and big businesses in the United Kingdom negatively and forcing business owners to find a new way to survive. The lockdown is having a devastating effect on businesses and forcing some to shut down.
At Lukro Ltd, we are here to help you keep your business running during this changing and uncertain time. We are open for business, and offering online bookkeeping services that will help you stay on top of your finances, keep your books up-to-date and ultimately help your business thrive.
We offer online bookkeeping services, and our professional bookkeeper can keep track of your business documents through our private customer portal. You can securely share information and scan your invoices, receipts, and documents to us via this online portal. You don't need to travel down to drop your documents with us, especially in this COVID-19 situation where the safety and health of you and your family is very important.
Most businesses are currently struggling to maintain positive cash flow at this period. The situation is hard for us all, and we do understand your situation too. We'll work with you to assess your current cash flow, review your overheads, and help you scout for government financial grants that align with your business needs. You can also rely on our professional bookkeeper to help you handle all the paperwork and administrative details that are required to get this grant.
Enjoy undisrupted bookkeeping services by leveraging on our cloud solutions. We provide online bookkeeping services where we can help you with all your business needs without the need to be physically present at your workplace. You can store and send your receipts, invoices, and other business documents to us through our online customer portal. We'll help you handle your bookkeeping, Payroll, VAT submissions, and relate with HMRC on tax issues so you can focus squarely on your business core function. Our office is adequately prepared to offer all our services online to support our customers through this COVID-19 outbreak.
We understand that the covid-19 outbreak is hitting hard on most businesses. We'll assess your business and help you find ways to lower your cost. Our professional bookkeeper will also examine your current loan agreements and business contracts to help you identify opportunities to renegotiate and save more costs. We'll ensure invoices are sent to customers promptly and also help you follow up for payment.
Are you struggling to maintain positive cash flow or predicting that your business may start experiencing cash flow problems soon? We'll help your review your overheads and suggest costs that you can pause, defer, or rule out. Your overheads will be categorised into essentials and "nice to have" so you can assess your situation and make a more informed decision. What more, we'll also support you with a short term cash flow forecasts so you can plan on how to survive in this challenging period.
You can rely on our eight years' experience for all your business needs. We are always happy and ready to provide the support your business needs to survive during this covid-19 pandemic. Whether you need professional advice on government financial grants for small and medium-size businesses, furlough, or tax matters, we'll be available to help.
Written on 08-05-2020
This article was written by Agnieszka - a professional bookkeeper with several years of experience in the financial service industry. Agnieszka works with Lukro Ltd, the accounting and bookkeeping company provides professional and friendly bookkeeping and business support services to individuals, sole-traders, partnerships, and small businesses. We help welders, plumbers, engineers, electricians, hairstylists, beauty therapists and many more.
Starting a new business requires you to have proper planning, make necessary financial decisions and get the necessary legal documents. It can look a bit complex, especially for new small business owners; however, by taking informed steps, you can begin to build your business.
As a business owner, isn't it exciting to see your company making more sales and generating more profit? You'll have more transactions and potentially cross the VAT threshold as your business continues to grow. At this stage, it becomes more challenging to manage your business finances, keep track of your cash flow, prepare payrolls, and handle your tax affairs yourself.
Bookkeeping is the daily recording of business financial transactions, which include income and expenses. It is necessary because it helps to measure the performance of the business. Proper bookkeeping makes it easier for companies to keep track of all their financial information.