Running a small business is the aspiration of many people, but as anyone who’s attempted it will no doubt confirm, the ‘back-office’ side of business ownership can be challenging. One of these challenges is staying on...
For many SME owners, the question ‘do I need a bookkeeper or accountant?’ is one that often comes up, especially as the company grows and their financial responsibilities inevitably increase. However, what do we mean by...
The Body Shop is one of the unlikely retail success stories of the Post-Covid era, a rare example of a household name retailer bouncing back from administration while so many...
Accuracy in accounting is crucial. However, it is also an area that is fraught with challenges, and can create significant stress for many SME owners. Professional accountants are...
The demise of Lloyds pharmacy was less of a sudden collapse, and more of a controlled demolition. The pharmaceuticals company had been quietly removing itself from the scene since...
Every organisation would like to have a crystal ball to determine how much cashflow they will have. This crucial figure is correlated with resilience, agility, and the opportunity...
Today’s market offers a range of excellent accounting software for small businesses such as Xero, Sage, and QuickBooks. These intuitive cloud platforms can take care of every core...
One of the best ways of saving money and planning your finances as a small business owner is by moving various legitimate expenses over to your company books. Beyond the ‘obvious’...
With the end of the HMRC 2024-2025 financial year now over, look forward to the rest of the year by staying on top of your books – not simply to maintain compliance but also to...
Many self-employed professionals and small business owners take the same approach to their taxes as they did to their assignments at university: ‘if it’s not due day tomorrow,...
