April 30, 2025
By Sam Bacall, Partner
It is not hyperbolic to say that we are entering uncertain times, both at home and around the world.
Rising employment costs, less generous business tax reliefs, the impact of US tariffs – the pressure on UK businesses is reaching boiling point.
In these uncertain times, accountants are needed more than ever.
Beyond the numbers
Professional annual account preparation is important for any business.
However, the best accountants go beyond the numbers.
Accountants can use your business’s financial data to provide key insights and guidance on how you can boost your financial health and achieve your growth goals.
Amid rising costs and market uncertainty, such advisory services are invaluable.
Additionally, regular management accounting helps business owners understand their current financial position – and secure their financial future – with clear, up-to-date reports.
With the support of an expert accountant, these reports can help you manage your cash flow and plan ahead effectively – ensuring your business is prepared to handle future challenges.
Adapting to changes
The introduction of US tariffs is already having a huge impact on UK businesses.
With higher costs in the supply chain and strained borrowing conditions, businesses are feeling the pressure.
Additionally, the increase in employer National Insurance Contributions (NICs) and National Minimum Wage (NMW) rates has placed a heavier financial burden on businesses’ payroll.
Accountants can help business owners understand these changes, manage them without costly mistakes, and implement strategies to mitigate the impact of increased costs.
FFT: Bringing security in uncertain times
In times of economic instability, businesses need security.
Business owners need support with managing their businesses’ financial health and staying afloat in uncertain waters.
In short, businesses need accountants more than ever.
At FFT, we’re here to help your business thrive in the face of economic uncertainty.
In uncertain times, don’t struggle in silence. Contact FFT today for expert help with your business finances.