Invoicing tips for small businesses
Keep reading to discover how our invoicing tips can help your small business maximise cashflow. Small businesses and small business owners need to create and issue invoices to ensure they get paid by customers and clients. Invoicing and billing are crucial to the success and stability of a small business. Incorrect or late invoicing can…
Top 3 challenges every small business owner faces
Read this blog to discover the solution to the top three challenges every small business owner faces. Finding customers, money management, lead generation- there are so many challenges that small business owners face. These common challenges can be concerning for small businesses and can even threaten their chance of survival. Luckily, every problem can…
What affects your business credit score?
A business credit score provides credit agencies, loan issuers and other types of financial vendors with a general insight into how much of a risk you are when it comes to borrowing money. Businesses of all shapes and sizes frequently find themselves in a position where they need a cash injection at some stage in…
3 Benefits of hiring a small business accountant
Hiring an accountant is critical for your small business as they provide expert advice, recommendations, and support to improve your financial position. Not only that, but hiring an accountant also provides you with reassurance that your legal, financial, and tax responsibilities are being taken care of. A good small business accountant will offer you a…
5 Purchases you didn’t know were tax deductible
Keep reading to find out five business purchases you didn’t know were tax deductible. It is important that limited companies pay the right amount of tax each year to avoid fines and penalties from HMRC. Just like it is important not to underpay tax, it is also important that businesses do not pay tax on…
Your end of year accounts checklist
The tax year runs from April 6th to April 5th each year, which means that the end of the 2022/23 tax year is just days away and for most businesses this also marks the end of the accounting year too. If this is the case for you and your small business, you don’t have much…
What does the Spring Budget mean for small businesses? 2023
Chancellor Jeremey Hunt has delivered his Spring Budget for 2023. From energy bill support to tax changes, here are the key announcements from the March budget that small businesses and small business owners need to know. Energy bill support Although the Spring Budget fell short of mentioning energy bill support specifically for businesses, the chancellor…
70 per cent of small businesses don’t have an accountant – here’s why you should
Each year 82 per cent of small businesses fail due to poor cash flow management, but this need not be the case. Outsourcing your accounts to an expert accountant with access to the latest accounting software makes it easier than ever to manage, view, and analyse the financial wealth of your business. One of the…
Accounting terms every business owner should know
Whether you’re a long-term business owner or a brand-new start-up, it is always a good idea to freshen up on your accounting basics. Even if you hire a professional accountant to help and assist with money matters, there is still a lot of value in understanding accounting terms and knowing a thing or two yourself….
How can an accountant benefit your small business?
Running a small business and managing everything that comes with it can be tough. Hiring an accountant to manage your business accounts not only takes some pressure away but also ensures your small business benefits from expert accountancy. A great accountant can work with small and start-up businesses across all industries and provide clear financial…
Reasons you should hire a small business accountant in 2022
Thinking of hiring a small business accountant in 2022? Read on. Running a small business can be incredibly challenging, especially when it comes to getting your business of the ground, maximising exposure, gaining funding to grow and ensuring that you do not overspend during those early days. And, from the moment you set up your…
Choosing the right accountant for your small business
Choosing the right accountant for your small business An accountant plays a vital role in the running of any small business, helping to prepare accounts and tax returns, managing payroll, and ensuring that the business stays up to date with tax deadlines. So, if you’re thinking about hiring an accountant for your small business or…
