With the end of the financial year approaching, many businesses are currently thinking about what this means for them, ensuring that their numbers are making sense and in order.

Guaranteed success for end of Financial year 

Obviously renting an office in Milton Keynes is onE shot away from a successful end to the Financial year but here are more tips on how you ensure further success!

The year end means assessing and reporting on how your business has performed over the last 12 months which is a statutory requirement. It is essential for your report to be accurate as it’ll inform potential lenders, investors and banks of the financial circumstance of your business. Furthermore, give you an idea on how to plan for the year ahead.

How to get end your financial year in success:

1. Create a countdown
   Let your team of employees know of the year end and prompt them to tighten up all expenditures, filing invoices and purchase orders in time for the end of year. It’s important to ensure that the tedious tasks aren’t left to the last minute so that you have enough time to pay thorough attention to accuracy and organisation.

2. Do your housekeeping
   Ensure that your files such as receipts, invoices, statements, reports etc are all neatly stored in order for when it’s necessary to find them. A good suggestion is to keep a hard and online copy of your important documents as you never know what could happen. More importantly, you will be required to provide evidence if queried by HMRC.

3. Ensure your accounts are up to date
   This is when your invoices, bills and statements are essential as you’ll need to ensure that they tall up correctly against your financial accounts in each column. Also make note of any invoices that you suspect haven’t been paid for.

4. Are you in the right space?
   Time to review whether your work space has served you well throughout your financial year. Are you spending more on rent, internet and telephone bills? Do you not have the luxury of benefiting from flexibility in up sizing and downsizing your office space? You can benefit from an office or industrial space to rent in a location that considers your business financial needs. Such as free parking and lower internet, telephone rates.

 And we can help you find the most ideal office space to rent in Milton Keynes and surrounding areas that will also give you a blissful fresh new start to your financial year.

Contact us for an office to rent in Milton Keynes and book a viewing on 01908 299 007.