Profit Cash Growth

Quizmas 2025: Claire Takes on the Ultimate Festive Business Challenge #98

Join us for a light-hearted Christmas special of the Profit Cash Growth Podcast. This episode is a festive quiz that tests business knowledge across five rounds: Christmas economics, festive business history and brands, seasonal accounting and tax, the Christmas supply chain, and a final surprise round.
Expect lots of banter, mistakes, laughs, and useful takeaways for six- and seven-figure business owners who want a festive break from serious business talk while still picking up helpful insights.
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ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

Why You’re Getting Those Director ID Alerts (And What To Do About Them) #97

This week the central topic explains the Companies House director and PSC ID verification rules introduced on 18 November 2025: why the checks exist, the 12-month transitional period, how to verify for free using the gov.uk app (biometric passport/driver’s licence plus face scan), where deadlines come from, what happens if you don’t comply, and why you don’t need to pay expensive third-party fees. They also cover ACSP registration for accountants, common causes of multiple alerts, and how to find your verification due dates on Companies House.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
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ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

Festive Freebies: The Smart Way to Maximise Gifts, Parties and Tax-Friendly Cheer #96

This week we discuss how business owners can use company money to give festive perks without creating tax problems. They cover the key allowances, pitfalls and practical examples to help you plan Christmas parties, staff gifts and client entertaining.
Key rules explained: annual company parties are tax-free up to £150 per attendee (including VAT and related costs), but if you exceed that limit the whole amount becomes taxable for employees. You can split the allowance across multiple events, and travel or hotels can be excluded if the trip is legitimately a business meeting with a documented agenda.
Staff gifts fall under the trivial benefits rules: individual gifts up to £50 (including VAT and delivery) are tax-free provided they are not cash, cash-equivalent or a reward for performance. Directors follow the same £50-per-gift rule but face a £300 total annual limit.
Customer and supplier entertaining is allowable as a business expense but is not eligible for VAT recovery or corporation tax relief; branded promotional items may be a narrow exception. Practical tips include buying VATable gifts so the business can reclaim VAT, documenting business events carefully, and consulting your accountant for grey-area cases.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
YouTube
Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.
 

The Budget Verdict: Disaster Pending, or False Alarm? #95

This week, a special episode as we react to The Budget with a practical, business-owner lens, plus some light-hearted “Chancellor’s Tipples” trivia before diving in.
Key takeaways: a 2% rise in dividend tax and a 2% rise on property and investment income; cuts to the Employee Ownership Trust (EOT) capital gains relief; changes to pension salary sacrifice arrangements; frozen income tax and NI thresholds that create stealth tax rises through inflation; a significant national minimum wage increase; tweaks to apprenticeship funding; and tighter rules on cash ISAs for under-65s.
We explain how these measures affect profit, cash flow and business strategy—highlighting that many changes penalise personal wealth drawn from businesses, could push landlords toward limited companies, and make tax planning and accountant conversations more urgent than ever.
Overall verdict: while the Budget wasn’t as harsh as feared, it signals a shift toward taxing personal wealth and freezing thresholds that will squeeze business owners and employees over time; the episode closes with listener-focused next steps.
 
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
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ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

Cash Flow Pinch: The Only 3 Ways to Fund Business Growth #94

This week we tackle one big question: where does cash come from when you want to grow? We discuss the only three funding routes for business growth — internal funding (bootstrapping), debt, and equity — and explain when each is appropriate.
We break down operating (day-to-day) cash flow versus investment (growth) cash flow, why operating cash should be self-sustaining, and practical ways to improve cash timing (deposits, product mixes, invoice terms, B2C offers). We also cover when to take debt versus giving up equity, the pros and cons of loans and investors, the importance of product-market fit before external funding, and a rule-of-thumb on acceptable payback horizons for capital investment.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
YouTube
Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

The Success Triangle: How Hard Work, Skill & Luck Really Combine #93

In this episode we explore a simple, practical formula for business success we call the Success Triangle: hard work, skill, and opportunity (instead of the vague concept of luck). We discuss how each side of the triangle supports growth, why balance matters, and how founders can build the right mix to scale a financially successful business.
Practical takeaways include focusing hard work on the right priorities, broadening business skills, pairing complementary partners, and treating opportunity as something you create and prepare for.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
YouTube
Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.
 

The Truth About SPV's: When to Use One (and When to Run A Mile) #92

In this week's episode we provide a clear, practical deep dive into Special Purpose Vehicles (SPVs). We explain what an SPV actually is (a limited company used for a single purpose), when it’s useful for property purchases and buying businesses, and the benefits of ring-fencing assets for lending and tax efficiency. We. touch on the practical points such as lender requirements, personal guarantees, intercompany loans, deferred consideration, and how SPVs interact with tax rules like Substantial Shareholding Exemption (SSE) and Business Asset Disposal Relief (BADR). There's practical advice for buyers mid-deal, when to ask for contract changes, and what to watch out for long term so you pick the right structure for your strategy — whether you intend to hold, grow, sell or recycle capital into new investments.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
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Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

Ghastly to Great: Transform Your Board Meetings This Halloween #91

This week we blend Halloween fun with serious business guidance. Shortly after our spooky business quiz we present a simple, five-step formula for high-impact board meetings — covering a focused business update, a high-level financial overview, what’s working well, what’s not working well, and clear actions with ownership and success criteria. They stress preparation, focus, and the difference between tactical management-account meetings and strategic board meetings.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
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Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

The Hidden Effects of a Stealth RPI Recalculation #90

This episode explains the government's plan to recalculate RPI from 2030 and why it matters for business owners. We unpack the differences between RPI, CPI, and CPIH, and show how the change could reduce annual contract increases, affecting rent reviews, supplier agreements, utilities, pensions, and long-term client contracts.
We highlight opportunities (lower costs for buyers, a chance to modernise contracts) and threats (reduced revenue for sellers, indexation mismatches across your contracts), and give a clear action plan: review and update contract wording now, assess supply-chain impacts, and prepare for contract renewals well before 2030.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
YouTube
Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.

Quickfire Finance: 15 KPIs Every Growing Business Owner Must Know #89

In this episode we play quickfire finance: a rapid run-through of 15 key financial terms and KPIs explained in plain English for six and seven-figure business owners. You’ll learn what each metric means, why it matters to your business, and how to use it to improve profits and cash flow.
This deep dive covers metrics such as gross profit margin, net profit margin, EBITDA, current and quick ratios, DSO, inventory turnover, customer acquisition cost, customer lifetime value and more — with practical tips on which metrics matter day-to-day and which are important for lenders, investors or an eventual exit.
⭐ Rate, Review & Share this episode with fellow business owners, and let's grow together!
⭐ Subscribe to the weekly newsletter to get Expert Advice Straight to Your Inbox: https://www.profitcashgrowth.com/subscribe
⭐ Get a Free copy of Claire's book Profit By Numbers: https://www.profitcashgrowth.com/book
 
VALUABLE RESOURCES
Website
LinkedIn
YouTube
Facebook
ABOUT THE HOST:
Claire Hancott through Profit Cash Growth helps 6 & 7 figure business owners to increase their profit, improve their cashflow and grow their business using their numbers.
As a finance director & chartered management accountant, Claire has nearly 20 years’ experience in finance and running businesses of her own. This gives her a unique insight into the information and support business owners need to grow a financially successful business.
Claire passionately believes that every business should be run by the numbers because the numbers in your business are telling you a story about what is and isn’t working and where your opportunities lie. Claire’s mission is to provide insightful management accounts, reports and advice to business owners and support them to make smarter decisions. 
 
*The content of this podcast is for entertainment purposes only and does not constitute professional advice.