There is so much to learn when you start out in business, you are being pulled in every direction and taking in all the information it can be really overwhelming and learning basic accounting terms is 100% not your top priority. However, understanding accounting basics can be extremely useful so that you can be on […]
7 Accounting Terms Every Small Business Owner Needs To Know Read More »
‘Why is my tax so high?’ Often your tax liability can seem so high sudden due to payments on account. What are payments on account? Payments on account are advance payments towards your personal tax liability. There are two each year, the first due by 31 January and second due by 31 July. You won’t
What Are Self-Assessment Payments On Account? Read More »
Making decisions in your business can be hard. Deciding on the best choice can be the biggest challenge. There are some people who always seem to be lucky, they are in the right place at the right time or just always winning OR maybe they are just skilled at making the right decision quickly. Leaders
4 tips for improving your decision making process Read More »
Is your business taking over your life? You never get a chance to switch off and there aren’t enough hours in the day? There is the saying that gets batted about ‘I’d rather work 80 hours for myself than 40 for someone else’ or similar thoughts but is this really the case? Remember, time is
4 Easy ways to get time back in your business Read More »
Ask any successful entrepreneur and they’ll tell you that HABITS are vital for success. What you do on one single day probably won’t make a huge amount of difference to your business journey. But it’s what you do each and every day that counts. Here’s a list of good habits for new entrepreneurs to prioritise
6 Great Habits for Entrepreneurial Success Read More »
Whether you are just starting out in business or you have been trading for years it is always important and beneficial to have someone in your corner who you can go to for support and advice. Just as flowers need the right conditions to grow, business owners need the right environment to thrive. Both need
Why should I hire a business mentor? Read More »
It is always a big concern when your small business bank account is running low. Maybe you have scaling up and have higher costs due to growth or just going through a quiet period. A Negative cash flow can take a significant toll on the financial health of your business but it doesn’t have to
6 Steps to Take If Your Small Business Is Running Out Of Money Read More »
Every business, including yours, needs a budget. When you are first starting out it can be easy to miss this step. You might think you can keep track in your head because there aren’t many transactions yet or maybe you just don’t know where to start. A realistic budget can be a great tool to
How To Create A Realistic Business Budget Read More »
Do you find yourself always struggling to pay bills, taxes or staff? At the end of each month do you find you don’t know where the money has gone and struggling to take any money out yourself? You can’t work for free any longer!! It’s time to start making some positive cash habits. On basic
Cash Habits – What Are They? Read More »
Cashflow is vital in any business. Small businesses even more so, if you can’t manage your cashflow effectively then you can quickly end up in a sticky situation. You need cash coming in regularly to ensure that you can continue trading and to pay bill and staff on time. The money in your bank can
8 Easy Tips To Increase The Cashflow In Your Small Business Read More »