It is that time of year when money can become tight, especially for owner managed businesses. It is a juggle with tight cashflow, higher personal expenses, tax bills looming and also the big 2024 plans coming into place. So how can you grow your business in 2024 without breaking the bank? Analyse your marketing efforts …
Five ways to grow your small business without breaking the bank Read More »
There are lots of additional costs on the lead up to Christmas in small businesses so what is allowable?? Christmas Parties These rules are for any social event throughout the year, but a lot of people associate them with a Christmas party. To be exempt from tax and national insurance the party must be; An …
Business Costs In The Lead Up To Christmas – Parties And Gifts Read More »
As you may be aware the Chancellor announced the Autumn Statement 2023 on Wednesday 22 November 2023. The Autumn Budget 2023 included a number of changes however a lot of the information was repeated from the key announcements in the Spring Budget earlier in the year that were due to take effect until next year. …
VAT is a term that can cause complications and confusions to many business owners, as well as private individuals. Often, we have been paying VAT without even knowing it as you do not always need to know that you have got VAT on products and services as an individual but when you become a business …
VAT – A simple explanation for new VAT registered businesses Read More »
This may come across as odd to you, celebrating myself but I have some exciting news to share I have graduated as a certified business mentor! I couldn’t be prouder of this incredible achievement so I want to share it with you all. Â I have spent countless hours honing my skills, gaining valuable knowledge, and …
With HMRC making tax digital requirements and so many other elements of our businesses being digital now, it just makes so much sense for businesses to have online accounting software. There are lots of options for businesses and sometimes with too many choices it can be hard to know which is right for you. So …
The Best Accounting Software For Small Businesses Read More »
We are all striving to continually streamline and improve our lives with the use of technology. To be more efficient and make our lives easier. Now it is no secret I am a fan of Xero and all it has to offer. Not only is it cost effective and easy to use, it also offers …
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 »
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 …
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 …