There are many important elements of business development to consider as a start-up, but one that few are able to maximise their potential with is accounting and bookkeeping. Many small business owners and entrepreneurs feel they either have control of their finances, when they don't,...
Did you know that as of 2019, there were reportedly around 2 million limited companies actively trading in the UK? These figures show that this type of business is just as key to the national economy as sole traders or non-limited SMEs. If you are setting...
If you're a small business owner whose staff have gone remote due to the pandemic, then no doubt you've already had to navigate the pitfalls of ensuring they're set up to work and stay in touch. Or maybe you are a consultant or sole trader who...
If you're interested in investing in freelance accounting services to outsource your general small business accounting and payroll, you want to make sure it's an investment that will provide continual returns. To do that, you need to be sure you're going to get something back from...
A key part of the UK workforce are the freelancers. Government figures show that around 2 million people in the UK now work in this manner. If you work in this way, then you will know how vital these businesses are to the economy and...
Payroll might seem like a straightforward process, but there are a number of common mistakes that can lead to unexpected costs and wasted time. In this blog, we've put together a list of three payroll mistakes to avoid. Missing deadlines Most small business owners are incredibly busy, so...
Payroll is a key accounting service, but many businesses still think investing in the services of a specialist in small business accounting is beyond their reach. The reality is that nothing could be further from the truth. Not only is it affordable, but using online payroll...
Every business wants to optimise cashflow as much as possible, but when you're in the midst of building and running your small business it can be difficult to set aside the time required to develop and implement those strategies. An affordable investment in the services of...
Sole traders are a key part of the UK business landscape. As of 2019, figures from the UK Government found that there were 3.5 million businesses of this type in operation. This clearly shows how common and how vital sole traders are to the UK economy....
Getting a professional and experienced accountant to handle your financial situation is essential if you want to make sure your business is truly primed for growth. The truth is, however, that small business accounting is most successful when both client and accountant are working together. With...
In today's business environment, financial management via the cloud is one of the best ways of keeping up with changing market demands. However, a number of companies across the country are resistant to change due to fear of the unknown, so we've debunked three of the...
Many small and freshly started businesses fall into the trap of thinking that outsourced accountancy is not something they need to consider - they think an accountant is something only bigger businesses need. The truth of it is, however, that small business accounting, when handled properly,...