Start up business accounting

The SME market is continuing to grow, despite the fact that 50% of start-up businesses will fail in their first year. Getting your new business off to the right start means taking on board accountancy solutions from the outset. Accounting sits at the very heart of...

The world of work is constantly evolving and changing. This is especially true when you take a look at how people work now and the rise of freelancing. Offering freedom, a chance to be your own boss and to work in an area you love, freelancing...

Setting up an enterprise from scratch can be an exciting time for those with entrepreneurial intentions. However, such an endeavour includes a wide range of new responsibilities. If you have previously worked as a Pay As You Earn employee, you’re likely used to your firm managing...

2022 has not been the best year so far for most businesses. Businesses are still struggling with the effects of the coronavirus pandemic, which led to less foot traffic, low spending among consumers, and the current employment crisis. When these were starting to be well managed,...

One key element of small business accounting that is often not explored until the last minute is payroll. It's a defining moment in any small business when you go from being a solo trader to a business with employees. Even one employee can present difficulties when...

Most businesses rely on financial statements to understand the financial health of their outfit. It's using statements that businesses gain indications of profitability, liquidity, and solvency of the enterprise. However, the statements are only as good as can be verified from reconciliation. Reconciliation is all about connecting...

Accounting is an important subject for all business owners, especially as it’s often considered the “language of business”.   Here are some of the main things to consider to help your business grow and remain profitable. 1. Separate personal and business expenses Just as it's important to keep your...

Small businesses are key to the whole UK economy - be it in Manchester or anywhere else in the country. Due to the nature of these companies, they do not always have large numbers of staff to handle every task or huge departments to focus on...

Small businesses are the backbone of the UK economy and crucial to the overall success of the nation. It is not always easy to set up and establish a thriving small business, however, and there is lots for any entrepreneur to think about in 2022. One...

Cloud accounting refers to the process of moving traditional accounting online - more specifically, to the cloud. It can do everything that traditional accounting does but uses third-party APIs so that businesses can make better and easier use of their finances. Cloud accounting is especially useful...