Positive Money Mindset and Financial Resilience with Sarah Thelwall

Sarah was recently interviewed by Sandy Thomson from the Creative Entrepreneurs’ Club to discuss money and money mindsets. You can watch it here: https://creativeentrepreneursclub.co.uk/positive-money-mindset-financial-resilience-with-sarah-thelwall/ or the main points are noted below. Question: How do we make money work well for us rather than assume it will flow and benefit will arrive? When Sarah first moved Read the full article…

Surviving COVID as a freelancer or self-employed

Are you directly or financially affected by COVID? A few of us are collecting our thoughts on the implications for freelancers and self-employed. We’re putting them here. We’ve turned comments on (but public editing off) and we’d value your input, questions and ideas please. If you’ve come across any sector specific advice (BECTU and IPSE Read the full article…

Are you ready to Make Tax Digital…..do you need to be?

What is Making Tax Digital (MTD)? MTD is being introduced by HMRC as part of the government’s plan to transform the tax system and make it easier for individuals and businesses to get their tax right first time and assist them with keeping better records. See the HMRC website’s for further information: https://www.gov.uk/government/publications/making-tax-digital/overview-of-making-tax-digital Who is Read the full article…

Inside out, Outside in – a comment from Alan Freeman

Sound policies are based on sound evidence, and nowhere is its definition, procurement and interpretation more complex than in the field of Culture, where the benefits of a good decision are outweighed only by the risks of making a bad one. Sarah Thelwall’s ‘Inside-out’ methodology aims to unpack the ways in which financial data is aggregated, Read the full article…

How do you look at your data – Inside out, or outside in?

Data that makes you go hmmm? Here at MyCake we spend our days developing tools and services to help non-profit organisations make data and evidence informed decisions. In particular we specialise in making financial data (both yours and others) easier  to bring into conversations about: Future strategy Your business model Opportunities for growth and development What your risks Read the full article…

Community Businesses and the Poverty Trap

We are familiar with idea of the working poor as individuals and being stuck in a poverty trap of poor education and reduced opportunities. We are also familiar with the idea that the lives of families in the working poor are fragile houses of cards and if, for example, one carefully constructed set of child Read the full article…

Success Guide to Lettings

It’s not always easy for community businesses to get their hands on the kind of detailed financial data that helps build a business case, and get an important local service up and running. Unlike businesses in the private sector, local groups often only have minimal access to information, advice and inaccurate financial data on income generation to support their planning and goal setting. Read the full article…

Why benchmarking is good for you

It’s all very well knowing that turnover is vanity and profit is sanity (and of course, that Cash is King), but how do you evaluate whether the profit that you are successfully making – assuming that you are breaking even and making that holy grail of profit on a monthly basis – is as much Read the full article…

Are you sweating your assets?

One of the truisms about comedy around, well, almost anything really is that it must be based in fact.  Buzzwords, and phrases that use them – like sweating your assets – really do come from a place of business sense;  and not just the sensible play of buzzword-bingo in the hour-too-long management meeting after lunch on Read the full article…