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Guide to Bookkeeping for new business owners Part 1

Posted 14 Aug 16

If you are a young business owner, it is likely that the topic of bookkeeping and your responsibilities and requirements have been on your mind almost constantly. As your business start taking shape, you will need to learn which accounting records are important and how to keep them organised and up-to-date. Read More »

Maintaining Healthy Cashflow: How to Look after your company’s money?

Posted 07 Aug 16

Maintaining healthy cashflow is one of the greatest challenges every small business owner faces at some point. Running your business requires discipline and high organisation skills and often means dedicating your time to do administrative work rather than plan an exciting investment. Read More »

Should you outsource your payroll?

Posted 26 Jul 16

One of the main reasons a lot of businesses fail is the owners’ inability to predict the amount of responsibilities one has when running a company. From marketing and market research to contacting clients and tax and finances, it can be overwhelming to take care of all these aspects. However, the simple solution for managing all the tasks is outsourcing some of them. Read More »

Questions to ask when hiring an accountant for your small business

Posted 24 Jul 16

Finding a good accountant can be a daunting process, especially for company owners who start their first business. Scanning through pages of Google results is a pointless task if you don’t have a clear idea of what exactly you are looking for in the candidate. Read More »

What Affects Your Credit Scores?

Posted 17 Jul 16

As a small business owner you will be making financial investments in order to develop your company. At times, you will be able to cover them from the money you make on sales, however, often you will be in need of a business loan. Read More »

When the Bank says ‘No’ - funding your small business

Posted 10 Jul 16

Starting your own company might require financial investment not all of the young business owners can afford. Most of them approach bank as their first solution to funding their companies, however, often they are met with rejection. Read More »

Tax-Saving Tips for Small Business

Posted 26 Jun 16

As a company director, you will be responsible for filing your accounts and paying taxes to HMRC. Although it might seem like a routine, mundane task, it has a massive impact on the overall finances of your business. Read More »

How to cope with changes in your small business?

Posted 19 Jun 16

No matter what stage your company is at, running a business will eventually mean dealing with changes. They could come as a result of new regulations and laws introduced by HMRC and the government, a new competitor on the market, or simply the shuffle within the inner structure of your company. Read More »