Writing a flexible business plan

Business planning is an often underrated and misunderstood task. For some, it can seem daunting and feel a little like having to do your homework. But tackled with positivity and the right support, a business plan can be a helpful guiding tool for business growth and success. It’s rare that any small business starts with a clear business plan, typed up and laminated on the office wall. … [Read more...]

Should I use simplified cash basis?

Financial reporting for small businesses can feel like a burden. If you’re running your own accounts, then even more so. There are several ways that small business owners can make the daunting more manageable… In this blog, we take a look at the basics of the cash basis system and outline the key factors determining if it’s the right option for your business. What is the simplified cash … [Read more...]

Should I hire a bookkeeper for my small business?

What does a bookkeeper do - and do you need one? Small businesses are run by people with a big passion, huge commitment and a dedication to what they love. Frequently, that passion doesn’t additionally extend to the everyday details and commitments required to stay on top of the books! If you’re not a fan of financials, or you’re just swamped with the day-to-day of running your business, … [Read more...]

Self-Employment Toolkit

Making the change from employed to self-employed is simultaneously exciting and daunting. What if it doesn’t work out? What if your business doesn’t survive? Thousands of people make the empowering decision to become their own boss every single year. To make the process a little easier we have put together the following Self-Employment Toolkit to provide all of the information you need … [Read more...]

What are the tax implications of staff rewards?

Good work should not go unnoticed, correct? We think so too.  As a business owner, manager or director, a natural part of your role is to motivate and reward staff when targets are hit, milestones achieved or just as a general thank you for contributing to the bottom line. Types of staff rewards There are many different types of staff rewards, such as:- A physical gift such as a case of wine … [Read more...]

Start-ups and SMEs at IT security risk

Starting a new business is exciting, challenging and demanding, with most of the emphasis on getting up and running and delivering your service to your client base. Once premises, staff, stock and IT equipment have been procured, one of the crucial things that often gets overlooked is IT security and data management. Research by CareersinAudit.com last month revealed that losing customer or … [Read more...]