If you’re starting out in business you will need to prepare a financial forecast and budget in order to move forward. In summary a budget is what you’d like to happen, and a forecast is a reflection of what might…
If you’re a freelancer or a small business owner, you may question the need for an accountant. This is understandable and the thought of spending funds on something you cannot see rather than more visible things like a new website…
Taking on staff is a big responsibility but when you get to the point that you need an extra pair of hands, it’s necessary for the sustainability of your business and for your sanity! The thought of hiring staff can…
If you’ve spent money prior to the set-up of your business in order to get it started and running, you may be wondering whether you can reclaim those costs once you start trading. Many business owners personally absorb the start-up…
Many people dream of having their own business, but actually taking the leap and making that happen is a different story. However, if you’re ready to take the leap from being employed to self-employed there are a few things to…
If you’ve made the decision to become self-employed, opting for a flexible working style to allow for personal commitments or dependants, you are not alone. There are a large amount of UK workers who are finding that the standard 9-5…
For any business who employs other members of staff, there are employment law changes that were implemented during April 2019 that will affect you, applicable to small businesses too. Make sure that you’re up to date to avoid penalties or…
Are you aware of the difference between a hobby and a business? It may sound like a simple question, but actually there are a few grey lines that can make it a little confusing to distinguish between the two. If…
If you are a small business owner and you’ve hired an accountant to look after your finances, you may think that you don’t have to worry about looking at your accounts at all. However, for an accountant to manage your…
With the number of Britons who are now living past the age of 90, it is becoming increasingly harder for people to benefit from money passed down the family line. Waiting until someone has passed away could actually mean money…