As your business grows, your finance systems can either power your growth or quietly hold you back. For many small business owners, things start like this: a spreadsheet, a pile of receipts, and the odd late-night reconciliation. But as more clients come on board, cracks appear — missed invoices, patchy reporting, and manual processes that...
Your business is busy. Clients are coming in, work is getting done, and on paper it all looks healthy. But your bank balance tells a different story. You’re waiting on invoices, juggling payments, unsure how much you can take home, and that sinking feeling hits every time you log in to online banking. If that...
If you’re running a limited company, you probably enjoy the flexibility that comes with how you pay yourself. But with that flexibility comes confusion. Many business owners aren’t sure what’s best – salary, dividends, pensions, or benefits? Should you leave money in the company, or take it out now? Unfortunately, there is no ‘one-size-fits-all’ answer....
Are you currently running a service-based business? Then you’ll know this feeling all too well… You’re delivering excellent service, managing expenses, trying to stay ahead, spinning plates, trying to make sure one doesn’t fall, AND still hoping there’s enough time left for family Is it possible to balance it all? Well, the good news is...
Running a business means wearing a lot of hats, but the finance one? That’s the one most owners wish they could pass to someone else. And yet, ignoring your numbers is like trying to navigate a road trip without a satnav. You might make some progress, but chances are, you’ll miss key turns, waste fuel,...
You didn’t start your business to become a part-time bookkeeper and full-time firefighter. Yet for many ambitious business owners, that’s exactly what it’s become. You’re wearing every hat, juggling client work, chasing invoices, handling admin and somewhere in the chaos, trying to grow the business. You know you’re good at what you do. But despite...
If you were faced with a hefty tax bill in January 2025, you’re not alone. Unfortunately, by the time your Self-Assessment deadline arrives, there’s often very little you can do to reduce your tax for the current tax year (2024/25). But instead of dwelling on it, now is the perfect time to focus on the...
What is a Dividend? A Simple Guide for Business Owners If you run a limited company, you’ve probably heard the term ‘dividend’ thrown around. But what exactly is a dividend? How do you pay yourself legally without getting into trouble with HMRC? And what happens if you accidentally get it wrong? This blog will break...
Running a small, limited company comes with its own challenges, and one of the biggest is ensuring you remain tax efficient. With changes announced in the 2024 Autumn Budget, it’s essential for directors and shareholders to rethink their salary and dividend strategies for 2025/26. Here’s a guide to help you navigate the most tax-efficient options. ...
Hiring your first employee or expanding your team is a big milestone for any business. It signals growth, ambition, and the promise of taking your business to the next level. But have you considered the true cost of employment? Bringing someone on board involves much more than just their salary. It’s essential to plan properly...
At Beansprout, we are more than accountants. Empowering, nurturing and forever curious – at Beansprout we support ambitious business owners to grow their business using our Numbers, Narrative and Nurture approach. Call Us: 01525 306920 Message Us: letschat@bean-sprout.co.uk Beansprout Consultancy Ltd
Empowering, nurturing and forever curious – at Beansprout we support ambitious business owners to grow their business using our Numbers, Narrative and Nurture approach. Call Us: 01525 306920 Message Us: letschat@bean-sprout.co.uk Company Number: 14959795
About Beansprout
Company Number: 14959795
Registered Address: Capability House, Wrest Park, Silsoe, Bedfordshire, MK45 4HRAbout Beansprout
Registered Address: Capability House, Wrest Park, Silsoe, Bedfordshire, MK45 4HR
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