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Welcome to the GSM & Co Blog where we share our expertise and experience of best accountancy practice. Do let us know of your experiences. And if you have any questions that arise we'd be delighted to answer them.

29 Apr 2025

How to put your brand on the balance sheet

As a growing small or medium-sized business, you’ve probably poured time, money, heart and soul into building your brand, whether that’s a trusted reputation, a recognisable logo, or a strong social media presence. Yet, not everything that counts can be counted on a balance sheet.

17 Apr 2025

Tariffs don't have to be a barrier to you trading successfully

SMEs are often the bellwether for what happens to impact the business economy. They are frequently the first to feel the tremors of economic change and right now, they’re sounding the alarm.

25 Mar 2025

Your Payroll could get rocky if you don’t get it right in 2025

There’s no getting around it, Payroll is changing in 2025, and if businesses aren’t on top of it, it could be a rocky ride. From changes in National Insurance and the National Minimum Wage to potentially more announcements in the upcoming Budget on March 26th, employers need to be prepared.

18 Mar 2025

Is the business bounce back on for your company?

According to the Lloyds Business Barometer, confidence increased across all sectors in February, reversing much of the previous five-month decline. That’s encouraging news, but for some businesses, this renewed optimism may feel distant from their day-to-day reality.

03 Mar 2025

How strong financial management can combat charity fatigue

We often hear how Charity fatigue negatively impacts the funds donated to charities with so many vying for money from the same public pot.

20 Feb 2025

AI and your accountant: Why human expertise still matters more than ever

It’s inherent in accountants to want to help organisations work better by giving the best advice so companies can make good decisions, and with confidence, about the allocation of resources for their growth and profitability.

04 Feb 2025

How your accountant could be key to navigating market uncertainty by diversifying your business

When the markets get turbulent, it’s not just investors who feel the ripple effects. Businesses of all size can be swept up in the mayhem. If you’re sensing market uncertainty, now might be the perfect time to think about diversification. And while the idea of creating new income streams might seem daunting, your accountant could be the strategic partner you need to get there with confidence.

17 Jan 2025

An accountant’s perspective on your new year goals

The new year is often seen as a fresh slate, a chance to reflect, plan and grow. As accountants, goal-setting is second nature to us.

19 Dec 2024

If only your business had an advent calendar to choose from to make every decision sweet

Imagine if running your business was as simple as opening an advent calendar. Where behind every number instead of chocolate, you’d peel back a tiny door, revealing a perfect response to every question, with a solution to each of your challenges - sweet and straightforward. Decisions would be delightful, easy and rewarding.

12 Dec 2024

Whatever the talk in the country, there’s no need to downgrade the economic growth of your company

With much reporting of the need for growth in the country and different politicians having their own definition of what constitutes growth, sometimes businesses have to focus on their own growth and hope the prevailing economic growth of the country will catch up at some point, to enable the company to achieve success over the longer term too.

02 Dec 2024

With the impending Employer NI increase, pressure to balance the books has never been greater

With the recent announcement in the Autumn Budget of the increase in employers’ National Insurance contributions, many smaller businesses across the UK are grappling with the likely impact.

19 Nov 2024

The Chancellor may have put her foot in it but when it comes to accounting for farming families we know our onions

Succession planning for farmers in the wake of the announcement of the reduction of IHT thresholds is not going to be relished by some.

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