Profit Cash Growth

Claire & Simon

This is the podcast for 6 & 7 figure business owners who are looking to grow a financially successful business. Claire Hancott is a Finance Director, Chartered Accountant and Entrepreneur and every week we explore guidance and frameworks designed to help you increase your profits, improve your cash flow and grow your business.

  1. 2h ago

    The Quiet Tax Changes That Could Throw Your Business A Lifeline #124

    Rachel Reeves announced seven policy changes outside of the normal fiscal calendar, and Claire Hancott breaks down exactly what they mean for business owners and the people running them. From the mileage rate increase that's been frozen for 15 years to the VAT cut on kids' hospitality that might never reach consumers, this episode cuts through the noise to tell you what actually changes for your business and what is just headlines. Key topics covered: The 12-month vehicle excise duty holiday for HGVs and why it will not move the dial for most transport businesses immediately Mileage rates rising from 45p to 55p per mile, backdated to April 6, and the double-edged sword for employers who pay staff mileage The fuel duty freeze and what it actually means in pounds and pence for HGV operators The VAT cut to 5% on children's hospitality and attractions, and why most businesses will not pass it on to consumers Free bus travel for children in August only, food tariff cuts on 100 products, and the limited help for farmers ⭐ 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 7 & 8 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.

    32 min
  2. Jun 4

    The Monthly Reporting a Time Traveler Would Actually Trust #123

    What should your monthly management accounts actually look like, and what should they be telling you? In this episode, Claire walks business owners through exactly what Profit Cash Growth delivers to clients on a monthly basis, from the executive summary to the cash flow forecast to the taxes tab, and explains why the goal of every number is to drive a decision in the next 30 days. Key topics covered: Why monthly reporting is about tactics and quarterly reporting is about strategy The five sections of a great monthly management pack, and what goes in each one Why an executive summary is the most important page in any report, and what it should contain How flagged commentary and trend graphs surface the exceptions that actually matter The difference between a report that generates decisions and one that just gets filed How deep-dive ad hoc analysis works alongside monthly reporting to answer the questions that numbers raise ⭐ 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.

    36 min
  3. May 28

    Why Be An Archaeologist When You Can Be A Time Traveler? #122

    Your year-end accounts are not a management tool. For business owners turning over seven figures, waiting for annual accounts to understand how your business is performing is not just inefficient; it is genuinely dangerous. In this episode, Claire breaks down exactly why statutory accounts were never designed to help you run your business, and what better financial reporting actually looks like. Key topics covered: Why annual accounts can contain numbers that are up to 21 months old by the time you see them The five specific reasons statutory accounts should never be used to make business decisions Why the format mandated by Companies House is designed for compliance, not commercial clarity How the goals of year-end accounts actively conflict with the goals of running a profitable business What management accounts should look like compared to what most business owners are actually getting PCG's bespoke reporting portal and what it means to finally see your business in real time ⭐ 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.

    27 min
  4. May 21

    A Marketing Masterclass From A Watch Brand That Makes Scarcity Their Superpower #121

    In this episode we took a factory tour of Bremont, one of the UK's only luxury watch manufacturers, and walked away with something we didn't expect: a masterclass in how to build a brand that commands premium prices, generates genuine desire, and attracts exactly the right customers. This episode is for any business owner who wants to understand how positioning, scarcity, and storytelling translate into real commercial results. Key topics covered: How Bremont, founded in 2002, built a brand that feels like it has a century of heritage behind it Why deliberately making and selling less can be more profitable than chasing volume The power of a genuine origin story and why most business owners undersell theirs How engineered scarcity works in practice, from limited edition watches to the Martin Baker ejector seat club Why finding where your audience already gathers beats trying to find them one by one The six marketing lessons every seven figure business owner can apply right now ⭐ 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.

    36 min
  5. May 14

    What Protects Your Business When Anyone Can Do What You Do #120

    This episode is a practical commercial audit for business owners who want to understand whether their business is genuinely protected from competition, or whether they're one well-funded rival away from a serious problem. Claire and Simon dig into Porter's Five Forces, specifically the threat of new entrants, and map out the real-world strategies six and seven-figure business owners can use to build a defensible position before the market moves around them. Key Topics Covered: Why AI has created the lowest barrier to entry in business history and what that means for service-based businesses in particular The five forces that determine how vulnerable your business really is to new competition Brand, IP, ecosystem, legal contracts, and capital requirements as practical moats for owner-managed businesses Why "I do it better" is no longer a sufficient answer when proposals, websites, and pitches all look the same How to use AI itself to score your business against Porter's Five Forces and identify where you have gaps ⭐ 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.

    37 min
  6. May 7

    Is Your Business Exposed? The Risk Mitigation You’ve Never Considered #119

    Most business owners think hedging is something airlines and banks do. It isn't. It's something every business with uncertain costs or foreign income is already doing badly — or not doing at all. In this episode, Claire explains what hedging actually is, where it shows up in business and everyday life, and how businesses between £1m and £20m can use it to protect their margins and make smarter decisions. Key Topics Covered: What hedging actually means in simple terms, and why most people are already doing it without knowing Why certainty nearly always beats chasing upside, especially when you're running a growing business How foreign currency exposure silently erodes profit margins for businesses buying or selling internationally The forward contract: what it is, how it works, and when it makes sense to use one Real-world examples from fuel and utilities that show exactly what happens when you don't hedge The one question every business owner should be asking about their biggest variable costs ⭐ 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.

    32 min
  7. Apr 30

    Finding The Hidden Cash In Your Business #118

    On this episode of the Profit Cash Growth Podcast Simon and Claire discuss what happens when your reported profits don’t match the cash sitting in your bank. They open with a short news note about low consumer confidence in the UK and then move into the main topic: the gap between equity (retained profits) and cash. Claire explains how to calculate the gap (equity less total cash in bank accounts), what a positive gap means (profit tied up in the business), and why many healthy‑profit companies still have empty bank accounts. They reveal the common culprits: slow‑paying customers (debtors), excess stock, and under‑leveraged or prepaid assets. The hosts give practical steps to free up cash: map the gap on your balance sheet, speed up debtor collections, slow or restructure supplier payments, reduce stock levels, and finance or refinance assets to release cash. They stress the difference between strategic FD work and day‑to‑day financial controls and how small monthly improvements compound into large gains. Listeners are encouraged to ask their accountant for the “equity vs cash” number, map where the money is tied up, and take action to reclaim that cash. ⭐ 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.

    26 min
  8. Apr 23

    Changing Accountants Is Not As Hard As You Think (Even At 7 Figures) #117

    If you've been thinking about changing accountants but keep putting it off, this episode is for you. Claire breaks down exactly why business owners stay with the wrong accountant for too long, demystifies the switching process from start to finish, and explains why the fear of moving is almost always bigger than the reality. Whether you're at half a million or heading toward seven figures, this is the practical conversation you've been avoiding. Key Topics Covered: Why the fear of switching accountants is almost always bigger than the reality, and what's actually driving it. The step-by-step process of moving to a new accountant, including what a chartered firm handles on your behalf. When is the right time to switch, and why waiting for your year end is rarely the answer. How to handle a difficult or unresponsive old accountant during the handover. The signals that tell you you've outgrown your current accountant, even if you can't quite articulate why. Why some businesses keep their year-end accountant and add FD services separately. ⭐ 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.

    41 min

About

This is the podcast for 6 & 7 figure business owners who are looking to grow a financially successful business. Claire Hancott is a Finance Director, Chartered Accountant and Entrepreneur and every week we explore guidance and frameworks designed to help you increase your profits, improve your cash flow and grow your business.

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