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Practice News

The Real Cost of Client Acquisition: Are Your Marketing Efforts Paying Off?

At Local Solicitor we know for many businesses, growing the client base is a top priority. But acquiring new customers comes at a cost – and if that ...

Rethinking Overheads: Where to Cut Costs Without Hurting Growth

At Local Solicitor we know in times of economic pressure or expansion, business owners often turn to overhead reduction as a means of improving profitability. However, trimming costs ...

Planning Beyond Profit: Building a Sustainable Financial Legacy

At Local Solicitor we know for many business owners, profit is the primary measure of success. While profitability is essential, the most accomplished entrepreneurs think beyond short-term gains ...

Creating a Stronger Balance Sheet: Strategies for Long-Term Stability

At Local Solicitor we know a strong balance sheet is more than a snapshot of your business’s financial position — it is a foundation for long-term stability and ...

Bridging the Knowledge Gap: Financial Literacy Tips for Business Owners

At Local Solicitor we know running a business demands more than passion and hard work — it requires a clear understanding of the numbers that underpin every decision. ...

Hidden Value: How to Spot Untapped Profit Centres in Your Business

At Local Solicitor we know every business has hidden potential — pockets of profitability that often go unnoticed amidst the daily demands of operations. Identifying and unlocking these ...

Smart Exit Planning: How to Maximise Value When Selling Your Business

Selling a business is one of the most significant financial decisions an owner will ever make. Whether you're planning to retire, move on to a new venture, or ...

Understanding Director’s Loans: Financial Risks and Tax Implications

Director’s loans can be a useful tool for managing short-term cash flow between a company and its directors — but they’re not without risks. At Local Solicitor, we ...

Minding the Gap: Financial Planning Between Funding Rounds

Securing investment is often a milestone moment for growing businesses. At Local Solicitor we always suggest considering what happens in the space between funding rounds — when the ...

The Financial Case for Going Green: Sustainability Strategies that Save Money

For many business owners, sustainability has long been seen as a ‘nice-to-have’ — a gesture of goodwill rather than a financial imperative. But today, going green isn’t just ...

Getting Paid on Time: How to Set Up Credit Policies That Actually Work

Late payments are more than a nuisance — they can seriously disrupt your cash flow, limit growth, and cause unnecessary stress. For small businesses especially, maintaining a healthy ...

The Accountant’s Role in a Business Sale: How Early Involvement Adds Value

Selling a business is one of the most significant financial transactions an owner will ever make — yet many wait too long to bring their accountant into the ...