The cost of living crisis has made it more difficult for small business owners to stay profitable and afloat. In order to survive, it is essential to streamline your business as much as possible. Fortunately, there are a few ways to help make your business more efficient and save you time and money. In this…
How to understand your business figures can seem like a daunting task! In this blog, we hopefully give you a bit more of an insight into understanding your business figures. Your business is unique, therefore your business figures will be too. How to understand your business figures and which are most relevant to you…
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…
With the global pandemic keeping us in national and local lockdowns in the past year, some people found this the perfect opportunity to finally start their own business. Whether it be a hobby that’s grown organically, into a business that you can now earn money from, or a business idea you’ve had, but not had…
Making tax digital (MTD) is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their accounts. HMRC has the ambition of becoming one of the most digitally advanced tax administrations in the world. Making tax digital is making changes…
Quickbooks Online Accounting Software Quickbooks Online is an accounting software developed and marketed by Intuit. The Quickbooks products are designed and geared mainly towards medium-sized businesses. It offers on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills and payroll functions. So, how can it work for you? The…
As a small business owner, no doubt one of the things you like best is that you have control. You can set your own working hours, craft your business strategy, regulate your workload (at least to some extent) and determine your own finances. And being the master of all of these things is a wonderful…
When you run you own business it might seem sensible to reduce costs and do your own bookkeeping. Although its likely to cost you a little more in the short term, by hiring an accountant you will soon see real benefits. Finding money An accountant will allow for better record keeping which will allow you to…