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WLP is a UK business consultancy service that has enjoyed over 25 successful years of helping business grow.
Finance
Using Benford’s Law to Detect Accounting Irregularities or Fraud
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Benford’s Law – first stated in 1938 by the physicist Frank Benford – is extremely useful for detecting anomalies in tabulated data. According to Benford’s Law, the leading significant digit in many naturally occurring collections of numbers – especially numbers which consist of several digits – will almost certainly be small. With that in mind,
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Company Debts – What should you pay off first?
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It’s a great moment in any company’s story when the business has started to generate enough cash to start reducing your debt. It’s also a pivotal moment because the steps you take next could be crucial in the continued success of your firm. So how do you navigate the tricky terrain of debt repayment when
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Financial Planning and Funding for Growth
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We are constantly hearing about the Government wanting to see SME’s grow their businesses, which in turn they believe will help grow the UK economy. But what are the barriers to successful expansion, and why do some business owners struggle to expand to the levels they aspire to? The opportunity to grow your business presents
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Understanding Gross Margins
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Many owners leave the figures to “The Finance Manager” and/or look at the amount that the business owes and what is owed to them because that is all they feel they need to know. It may be hard to believe even today that many owners do not show a great deal of interest or really
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Grants Available in Norfolk, Suffolk & Surrounding Areas
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Businesses don’t always have the funds required to support their sustainability and growth. Whether it’s for new equipment, the training of staff or for a strategic growth project, there ARE limited sources of grant funding available to businesses in Norfolk, Suffolk and the surrounding areas. At WLP, we know and understand just how crucial grants could be
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Submitting Accounts to Companies House late
The Carillion Effect: Manage your business through an unexpected cash crisis
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The liquidation of one of the UK’s largest multinational facilities management and construction services companies has sent shock waves through many SME businesses and Government officials over the past few weeks. The name ‘Carillion’, is a corruption of the word ‘carillon’ (a peal of bells) and yet few seemed to acknowledge the warning bells, until
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SME Tax Relief Opportunities for Research and Development (R&D)
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“Your company can only claim for R&D tax relief if an R&D project seeks to achieve an advance in overall knowledge or capability in a field of science or technology through the resolution of scientific or technological uncertainty – and not simply an advance in its own state of knowledge or capability. The project must relate
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