Lots of people want to start their own business. It is exciting, and there is the feeling of being in control of your destiny, which is usually not the case if you are working for someone else. There are numerous…
Blog Archives
What Does The Autumn Budget 2018 Mean For Small Businesses?
This year’s Autumn Budget delivered by Chancellor Philip Hammond had some interesting benefits for small businesses and sole traders. New spending measures will be created that will help businesses in various sectors.
Posted in Finance Tips, Small Business Advice
How Accountants Can Protect Themselves from Cybercrime
Accountancy firms are an attractive target for cyber criminals and should stay extra vigilant against online attacks. In a digital world, it’s likely your data will be stored on a PC or via a cloud-based account. However, this makes it…
Posted in Small Business Advice
Is It Worth Moving to Cloud Accounting?
Cloud accounting has proven increasingly popular in recent years. It allows companies to store data off-site on remote servers in a bid to save time and money. There are plenty of cloud-based software options out there, each with various features…
Posted in Small Business Advice
How to Save Money on Your Business Bank Account
Although business bank accounts aren’t a legal requirement for start-ups, you’ll find it difficult to manage your affairs without one. Not all are the same however, so it’s within your best interests to find a deal most suitable for your…
Posted in Finance Tips, Small Business Advice
The New £10 Note is Coming – Here’s What You Need to Know
The new £10 note is set to be unveiled on 18 July, showcasing a modernised polymer design imprinted with the novelist Jane Austen. Its release into circulation is still some time away and the Bank of England have earmarked September…
Potential Pitfalls When Accountants Go Paperless
The move to a paperless system is one liable to mistakes, especially for a busy accountancy firm with mounds of files on record. However, in an increasingly online dominated arena, the paperless move is one necessary to keep up with…
Forecasting Profit & Loss When Writing Your First Business Plan
Calculating profit and loss is the ultimate objective when writing a business plan. Doing so accurately is a vital component for managing cash flow and evaluating future company performance. For start-ups in particular, drawing out your first business plan may…
How Your Business Can Take Advantage of Contactless Payments
Successful companies are able to adapt their business model to the ever-changing environment around them. As technology improves, this means the behaviour and spending patterns of your target audience will also shift. You must recognise these changes and acclimatise to…
What is Business Forecasting and How Do You Do It?
A business forecast is an estimate of a company’s future performance, principally relating to its income, expenditure and profits. An effective forecast model will also gauge economic trends and environmental factors that can influence these basic calculations. All types…
Posted in Small Business Advice
