As a business owner, it’s easy to fall into the trap of treating your company’s funds as if they were your own. After all, you own the company! However, paying for personal expenses like your gym membership, family vacations, or other personal expenditures with company funds can lead to messy
How To Avoid A Nasty Tax Surprise Read More »
As a small business owner, you wear many hats including managing your finances. But did you know that within your financial role you are wearing multiple hats at once, because business finance covers several roles, each with their own skill sets, tasks and required knowledge. It’s no wonder it can
Who do I hire first in my finance team? Read More »
In today’s digital age, cybersecurity is a critical concern for businesses of all sizes. Our guest blogger, Alan Burgess from 4RC Ltd, takes a look at what small businesses can do to protect themselves from attack. Cyber threats are becoming increasingly sophisticated, making it imperative for organisations to adopt robust
How to protect your business from Cyber attack. Read More »
Considering hiring your first employee? Then take a read of, Jo Trimarco of JT HR Consulting Ltd’s guest blog to find out more. Hiring employee number one is arguably the biggest, and most daunting, step for a small business owner. I thought it would be helpful if I compiled
HR Checklist For Hiring Your First Employee Read More »
If you own a Limited company, you will be familiar with the need to file accounts. Financial accounts are annual reports required to meet statutory obligations, such as filing with Companies House and supporting tax return submissions. These accounts are backward-looking, reflecting the past financial year, and must adhere to
Do I Need Management Accounts? Read More »
Up until now, expenditure incurred by the owner of a business on training courses for themselves has not necessarily been tax deductible. HMRC’s approach has been to deny any tax relief for expenditure on a training course which provides new expertise or knowledge, rather than being a refresher or an
Are training courses tax deductible? Read More »
Thinking of starting a business? Many people dream of starting their own business for a multitude of reasons; being your own boss, creating a better work life balance, the satisfaction of creating something from nothing or because you are passionate about a particular cause. Choosing this path can be incredibly
9 Steps to giving your new business idea the best chance of success Read More »
Profit Versus Cash One of your main aims when running your business is to make money. However, despite making reasonable profits you are seeing a distinct lack of cash in your bank account – why? Profit is vital for the long-term success, but cash is the lifeblood of any business
Do you know the difference between Profit and Cash? Read More »
Eight key financial numbers you need to know as a business owner to increase profit, make better decisions and grow with confidence.
8 Reasons why numbers matter to small business owners Read More »
