As a small business owner, you are always told ‘know your numbers’. But where do you start? Simple answer: with your ‘Profit and Loss’ report, sometimes known as an ‘income …
How To Set Up A Limited Company
As business accountants, we’ve helped thousands of business owners make the leap to becoming limited company owners. If you’re planning on setting up a limited company , here are the …
How to read a small business balance sheet: practical tips
As a small business owner, you’ve heard you need to ‘know your numbers’. That’s fine, but where do you need to look on your balance sheet to find them? And …
How to Manage Small Business Finances: Some Simple Daily Habits
This is a massive topic, but here’s the good news. As a small business owner, there are some simple daily habits that can really help raise your awareness of the …
7 Numbers you NEED to know in your business
Do you feel in the dark about your business’s numbers? Many small business owners feel there is a real lack of data available to them. This is usually due to …
Happy New Tax Year! (2023/24)
Whilst this is a great (?!) accounting joke we do every year, it is also a fairly exciting point in the year for us tax geeks. The start of the …
My mate said… 4 reasons why others may be claiming things you aren’t
We’ve all been there. That conversation with a friend or business colleague that makes us feel like we are missing out! How could they be ‘having their cake and eating …
Top tax saving tips for your small business
The rapid approach of the end of tax year always focusses our minds on how we might save tax in our small business. Yet what really makes the difference is …
The Spring Statement (Budget) 2023 Summary
Yes, it’s that time of year again. Another speech from the chancellor updating us on the country’s current finances and its plans. In the past few years, the various Budget …
Tax Saving things you can do before 5th April
The tax year end is approaching. You are looking for some last-minute tips to save some tax. But what to do? Help is at hand! By the end of this …
Do you have enough money? Cashflow Planning
At the time of writing this blog, the UK (and indeed the world) is continuing to experience difficult trading conditions. As a small business owner, it’s even more important to …
Monitor The Model: surviving tough times in your small business
You won’t have to go far to read, hear or see that the UK is going through a somewhat challenging financial time. As a result, the small business world in …