While there are a few different ways to structure any UK business, setting up as a sole trader is still very popular. This is naturally a great choice for smaller ventures who do not expect to generate large turnover figures. It is also suitable for those...
For most small business owners, doing payroll is one of the most time-consuming and tedious tasks that bring no strategic value to their business – but it’s also one of the most important ones too. Problems in this aspect of business can reduce employee morale, tie...
Choosing to set up your own small business is a huge decision and one that will change your life. Of course, if you get it right then this will be in a positive way. Many people running successful small businesses love the chance to be their...
So you have written your business plan and you’ve developed your brand and marketing campaign, but what about your finances? Many start-up businesses try to manage their own accounts when starting out, only seeking advice when it gets too complicated, or when their first tax return...
It goes without saying that the coronavirus pandemic has had a far-reaching economic impact, buckling businesses of all sizes across all sectors, and in the midst of this economic uncertainty, SMEs are most at risk. As we navigate the turbulence of 2021, it's more important than...
Most businesses understand the importance of small business accounting. What most don't understand, however, is when the time is right to change their accountant. Staying with the wrong accountant can cause stress, delays, and ultimately cost you money. We've already discussed 3 things to consider when...
Keeping on top of your accounts is crucial for any business in Manchester - whether you are a brand new startup or an established limited company. Knowing how much money you have, what your cash flow is like and keeping track of expenses is vital. Annual...
We all know that accountants can help with important financial tasks such as calculating tax returns, however, there are many other benefits to your business when you hire an accountant. Whether you are starting a business and need help with forming a company or an established...
2021 is going to see a continuation of the difficult times we all experienced in 2020. While New Year's optimism is essential, it's also important to be realistic about challenges your business is going to face this year and going forward. How can cloud accounting help...
Managing your accounts is an essential part of any small business, and small errors can have big consequences. It may feel like getting to grips with your business finances is a bit of a minefield, but we're here to help you avoid these common small business...
Starting a new business is an exciting time, and undoubtedly there are lots of things to think about. It’s easy to forget about certain areas like accountancy. If you’re launching a new business and want to make sure nothing gets neglected, read on for our list...
Cloud services have revolutionised software procurement for small businesses. Cloud-based software enables startups to access the same advanced features usually reserved for expensive enterprise software packages. Below are five important ways that cloud-based software benefits small businesses. Save time It can be difficult for small businesses and startups...