As business accountants we are passionate about ongoing education. Luckily, we live in a world where we have easy access to information. The challenge is figuring out what to read …
5 tips on how to get paid quickly in your small business
Struggling to get invoices paid on time? Cash flow suffering as a result? You are not alone. Late payments are a problem for many small businesses in the UK. A …
A Beginners Guide to a Profit & Loss Report
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 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 …
What are margins – and why are they important?
The numbers in your business always tell a story. And probably the most important story is that told by your profit margins. The profit margin is a measure of the …