Blog
3 vital things to do when becoming self-employed
If you’re looking to make that leap towards being self-employed then there are a few things that you need to know before you do. Starting your own business can be a challenge, but with the right knowledge, you can make the process as simple as possible....
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Why investing in an accountant is beneficial
An accountant can be one of the key elements for those who are self-employed or are starting their own business. Once you’ve chosen the right accountant for your requirements, they can offer best in class, professional services thanks to their experience...
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Management accounting helps ensure accuracy of business decision making
Business owners and their management teams face a huge number of decision-making situations on a daily basis, so accurate management accounting is essential for providing insights and business information. Management accounting uses your ongoing business...
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Do you know what your business is really worth?
Many companies, when asked what their business is worth, will state the amount of their annual turnover. However, there are many contributing factors to the overall value of a business; the yearly profit is just one of the metrics a company should use to...
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Key accounting requirements for small business owners
Focusing on the daily operational aspects of your small business can often lead to neglect of the key requirements that can prove so influential to the success of the company. It’s vitally important that any small business owner sets the time aside for...
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Tips for maintaining healthy cash flow balances for businesses
Balancing the ongoing financial obligations of your business is critical for maintaining a healthy cash flow and ensuring ongoing success. Follow these simple tips to keep business cash flow on target: 1. Regular cash flow analysis You can find software...
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How to assess accountants: Finding the perfect people for you
If there is one thing that people struggle with when they’re on the search for a new accountant, it’s assessing whether the company is right for them before they commit. The reality is that not all professional enterprises are created equal, and that every...
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Tax-saving tips for the self-employed
Many self-employed people are unaware of the savings they could be making on their tax bill. It’s all legal, of course. What we’re talking about here are methods such as assessing areas where you may be paying too much tax when you shouldn’t be. You may...
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Finding the right payroll software for your business
If you’re running your own payroll you will need HMRC-recognised software that gives real-time reporting of PAYE information direct to the HMRC. You can choose to run free payroll software if you employ less than ten employees but will need to purchase a...
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