As a business owner it can be easy to get lost in spreadsheets, invoices and receipts. It can also be very time consuming. In this blog, we’ve listed some of the benefits of using accounting software. Before we move on to the benefits of using accounting software, let’s explain one of the biggest reasons…
With increasing supplier and energy costs and a rise in interest rates, it’s vital that you understand your business cash flow. Your business cash flow can give you insights about the health of specific products or services and overall market patterns. In this blog, we provide cash flow tips for businesses. What is cash…
Have you ever looked at your profit and loss statement and wondered what all of it means? Is it something just for accountants? Understanding your profit and loss statement (P&L) can give you clarity on your businesses financial health. What is a profit and loss statement (P&L)? A profit and loss statement is…
As a new or established business, it’s important to make sure you have chosen the best legal entity for your business. In this blog, we highlight what is required of you as each of the most common legal entities for your business. So, you’ve just started your business, that’s great! Have you thought about what…
Unfortunately, we live in a world where phishing emails and scams are increasingly common. It seems no one is safe from fraudsters or hackers pretending to be large companies and well-known brands. HM Revenue & Customs (HMRC) is no exception either. In this blog, we give you some of the examples of scams that are…
We’ve had a couple of clients tell us their experiences of scam emails recently. So, we’ve put together this blog that should provide you with a few handy tips on how to keep your emails and cyber security safe and up to date. Scam emails are getting increasingly sophisticated and it can be hard to…
HM Revenue & Customs (HMRC) is giving Self Assessment taxpayers more time to ease COVID-19 pressures. HMRC has announced that it’s waiving late filing and late payment penalties for Self Assessment taxpayers for 1 month. This will give HMRC Self assessment taxpayers more time, if they need it, to file their 2020/2021 tax return…
Bookkeeping and accounting software is now an extremely popular way to run your business. As a small business owner, it can be really easy to get sucked into the day to day operations. Preparing invoices and recording your expenses can take a lot of your valuable time. By using accounting software you can streamline your…
Heading out for a day on the beach in West Cornwall is definitely a must on a summer’s day. However, before you commit yourself to the beach every day you have free, why not check these 5 ways to enjoy the cornish summer. Boat trips and Coastal Tours What better way to see West Cornwall…
As a business owner, we know the struggles you face trying to keep on top of every aspect of your business. From marketing to bookkeeping, finance to employment, there’s a lot that can keep you up until the early hours. One thing you can do to make your life easier is to employ a good…