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
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
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
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
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
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
With so many small business owners struggling to access support, we wanted to make finding information easier. Now you can answer 11 quick questions and government support checker will tell you what you’re
In many countries all over the world, small businesses are crucial to the economy. That is more prevalent now than ever in the wake of the COVID-19 crisis. Now that lockdown measures have
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
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
During the ongoing corona virus crisis, many sectors are seeing income either disappear completely or drop to dangerous levels. To be able to navigate the future path of your cash flow, you need
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
Whether you are starting your own business or looking for a new accountant, the search can be frustrating.After all, when it comes to handling money, you need someone that you can trust. Experience
There are over 340,000 accountants in London today. Have you considered hiring an accountant to help your business? If so, how do you know you’re making the right choice, and how can you
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
Many small business owners are entrepreneurs who went into business seeking freedom, a better lifestyle, more money or simply because they wanted to run their own show. Financial acumen is rarely high amongst
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
