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Business Finance

Can Residential Property Fund Your Retirement?

Thinking about retirement can be stressful. You need to plan for how long you think you’ll be retired, what lifestyle you’ll want to lead, and approximately how much you’ll pay to maintain your

5 Personal Finance Hacks To Start Now

Having total control over your finances can give you an amazing sense of freedom. However, it takes a lot of discipline and hard work for you to be able to achieve this. In

Key Drivers To Boost Profitability And Cash Flow

It’s important to identify and monitor the key drivers of your small business to boost profitability and cash flow. Boost profitability by recognising your key drivers Identifying the key drivers of your business

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THE WORST BUSINESS ADVICE TO FOLLOW

When you’re a small business owner, you get used to people giving you advice. Sometimes you seek out their insights while other times they share whether you want them to or not. While

How Accounting Mistakes Can Hurt Your Business

Many small business owners tend to handle their own accounting and bookkeeping, especially when they’ve just started out. However, keeping track of the finance-side of the business– everything from income to expenses to

Are accountants a cost or an investment?

As accountants, we’re always helping our clients find ways to reduce their overhead costs – one of the seven ways to grow your business. Did you know that your accounting fees are an

Cash Versus Accrual Accounting Explained

The difference between cash basis and accrual basis accounting comes down to timing. When do you record revenue or expenses? If you do it when you pay or receive money, it’s cash basis

Understanding Your Statement Of Cash Flows

The statement of cash flows, (also known as the cash flow statement), shows how your business has generated and used cash (and cash equivalents) within a specific time period. For each of the

Tax Years and the 9-month Golden Rule

Financial years vary from country to country as per their existing taxation laws. In the UK, the tax years are different for individuals and companies. Individuals Start Date: 6th April of the current

Deciding Which Accounting Services You Need

The human brain is a magnificent organ, capable of storing an estimated 2.5 petabytes. Petabytes are bigger than gigabytes. Yet, no person can remember everything–especially when it comes to tax laws and how

Are the Vital Signs of your business Healthy?

A healthy body demands routine checks and examinations. So does a healthy, thriving business. No matter what stage your business is in, to keep it going you must check its systems, pay attention