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When it comes to managing your business finances, budgeting tools can be a great way to remove some of the workload. That is if you’re using the right tool. The right budgeting tool can make managing your money more effective, efficient and some even might say, more enjoyable. So here’s a list of the top […]
Complaints are simply inevitable. Nobody ever likes to receive them, but, they can present you with the perfect opportunity to identify and rectify specific problems within your business. And most importantly, it can help you to develop or maintain a relationship with your customers by allowing you to demonstrate that you value their service, therefore, […]
Cybercrime is, unsurprisingly, on the rise and it’s small businesses – who don’t have the same highly sophisticated systems in place to prevent fraud like larger firms – who are the most vulnerable and easy targets for cyber criminals. A report released by the Federation of Small Businesses (FSB) in 2016, showed that 41pc of its […]
Keeping track of what money is coming in and going out of your business is essential. Whilst cash flow and profits are both crucial aspects of a business – they should not be confused as they’re not the same. Cash flow vs. Profit The difference between the two is the difference between success and bankruptcy. […]
There’s been much debate surrounding the highly anticipated EU referendum, which is set to be held on Thursday the 23rd of June, where the UK will settle a question that’s been rumbling at the surface of British politics for generations: should Britain remain within or leave the European Union. It’s being held because it was […]
A huge leak of documents from one of the world’s most secretive companies, a Panamanian law firm called Mossack Fonseca, has not only lifted the lid on the corruption and power within the upper class but, it has placed many people and many organisations under the spotlight. The revelation itself, that the rich and wealthy […]
Cuts To Tax & Business Rates For SMEs George Osborne delivered a surprisingly upbeat budget that will finally give SMEs the attention that they deserve. In this year’s Budget, there are plans for cuts left, right and centre. Cuts to corporation tax, capitals gains tax and business rates. However, there’s also a new tax in […]
When Starting A New Business, Eight Out Of Ten Will Fail Before They Even Make It To The First Three Years… Read On If You’d Like To Know What You Can Do To Prevent This. Entering into the world of business can be a challenge and the last thing anyone wants to focus on during […]
In 2015, the Coalition Government introduced the Married Couple’s Allowance and Marriage Allowance (the difference between the tax breaks being whether one or both partners were born before 6th April 1935). The tax break was introduced with the intention of helping four million married couples and 15,000 civil partners where one parent either doesn’t work […]
Helpful tips that every small business owner should know about. Accounting can be alien to many new and existing small business owners. It’s the side of owning your business that most people hate, managing books, finances, tax, VAT – it’s a hassle, but it doesn’t have to be… With a little discipline and a good system […]