Money matters and our mindset around money and our own self worth and value is key when running a business. So we asked Sally Munday, Business Coach to explore the subject of Money Mindset and its impact on small business owners. Here is what she had to say. We all
Why Money Mindset Matters for Business Owners Read More »
As a business owner, one of the key challenges you face is taking money out of your limited company in a tax-efficient way. If you’re ambitious and looking to grow, minimising unnecessary tax payments is essential to keeping more cash in your business (and your pocket!). Fortunately, there are several
How To Pay Yourself Tax Efficiently Read More »
Christmas is a time for giving, celebrating, and spreading festive cheer, but if you’re not careful, you might accidentally invite HMRC to review your Christmas gift list! Here’s what you need to know to keep your Christmas fun (and tax-free!). Staff Gifting: Festive Cheer, Not Festive Fear! You want to
Staff Parties, Gifts and the Tax Man Read More »
Let me start by saying, this isn’t something we have perfected. Running a small business often feels like juggling a hundred different tasks simultaneously, and it’s easy to let the business consume all your time and energy. For many business owners, the lines between work and personal life blur, making
How To Set Boundaries As A Small Business Owner Read More »
For many small business owners, the only accounts they ever review are their yearend ones. Moving from an annual financial review to a monthly one is an important step for growing businesses. This shift involves more than just skimming over the profit and loss (P&L) account and checking your bank
How Monthly Management Accounts Can Boost Profitability and Cash Flow Read More »
As a business owner, managing cash flow can be a constant challenge, especially when it comes to ensuring your customers pay on time. Having worked in organisations where dedicated credit control staff were needed to chase in £’000s of overdue invoices, and seen small businesses crippled by poor cashflow we
7 Tips for Effective Credit Control Read More »
