If you use Xero and bank with HSBC, be aware that you will need to update your existing bank feeds by 30 July 2021.

During the course of this year, all Xero users will have to set up multifactor authentication to meet the changes. Xero users are able to choose between two different authentication combinations, for example your email address and password, with something that has an authenticator app, like a tablet of smartphone. 

Covid 19 has wreaked havoc for all business sectors but has had a very significant impact on the hospitality and leisure sector, which subsequently then expands into other businesses in terms of supply chains and consumer demand. 

Maintaining a healthy cash flow is a challenge for most business owners. 

Despite being a cliché phrase, “cash flow is king” continues to drive a harsh truth – a lack of funds is one of the main reasons businesses go under.