Nomic Notes
Better questionsstart with clearer numbers.
Practical guides and insights for business owners who want to understand their numbers, meet their responsibilities and make more confident decisions.
The guides
Four guides to begin with.
Starting out
2 min readRead the guideStarting a limited company: building the financial foundations
What to put in place once you have decided to run a limited company: a separate bank account, clean records, a clear picture of what you owe, and the questions to ask early.
Cash flow
3 min readRead the guideProfit isn’t cash: understanding and managing cash flow
Why a profitable business can still run short of cash, how timing differences work, and a simple way to look ahead so pressure on cash can be spotted earlier.
Management information
2 min readRead the guideManagement accounts: turning financial information into better decisions
What management accounts are, how they differ from the annual accounts, what a useful set contains and the questions they should help a business owner answer.
Working with an accountant
2 min readRead the guideSwitching accountants: preparing for a smooth transition
How to decide whether to change accountant, what to gather before you do, and how to hand over cleanly so nothing falls between the old arrangement and the new one.
Please note. These guides are general information, not advice on your own circumstances. Where the law is relevant they point to the official GOV.UK source rather than restating it.
Next step
Tell us about the business.
If a guide raises a question about your own situation, tell us about the business and we will say plainly whether we can help.