3 Reasons Why SME’s Fail Within The First Five Years
Starting your own business certainly seems like a glamorous idea to begin with but making it a reality is much more difficult than conjuring up dreams of success and money in your head. Here are some hard truths: Around 50% of businesses tend to fail within the first...
4 Things You Need To Know When Starting A Small Business
Starting a small business comes with both its ups and downs and it certainly isn’t the greatest career path for the faint hearted. Truth be told, sometimes it’s somewhat like driving in heavy fog where the visibility is so bad that you struggle to see your own hand in...
A Best-Practice Guide For SME’s In 2018
If you’re an entrepreneur who is struggling to cope with marketing your brand and staying ahead with the latest business trends, then 2018 is the perfect year for you to set some best-practice objectives. In order to make 2018 your most successful and prosperous year...
5 Accounting Mistakes That Will Cost You – And How to Avoid Them
Accounting is an essential part of any business, and book-keeping mistakes can sometimes cost your business a huge amount, so it’s best to ensure that you have everything in order before it’s too late. With the help of cloud based accounting software, it has become...
Everything You Need To Know In Order To Grow Your Small Business In 2018
We all have a vision – a passion, for which we live. The excitement of planning your business can bring an overwhelming buzz to your life, but of course, it doesn’t come without its difficulties either! Surviving the start-up phase does not mean there are no final...
5 Ways An Accountant Can Help Your Small Business
There are many ways an accountant can help you and your small business, probably most of which you’re not even all that aware of. An accountant can be helpful to any business, regardless of size, because having your finances in order is of the upmost importance for...
The 4 Reporting Obligations Every Limited Company Needs To Abide To
Sometimes, running your own business and being the last point of call in the hierarchy can come with some daunting responsibilities, and that includes abiding to numerous mandatory requirements. It’s a common scenario: the manager or owner of a limited company going...
How To Do A Cash Flow Forecast
Businesses are functioning in an environment that is constantly changing and rapidly developing and each one of them are fighting to stay afloat in this competitive corporate world. If truth be told, these dramatic changes can help companies move up the ladder from...
How Can Businesses Claim VAT Return On Motoring Expenses
You have a vehicle and you use it for work, which is why you want to put it under the expenses incurred for your business. Simple, isn’t it? Well, if truth be told, it is not. Travel and specifically vehicle motor expenses...
Vehicle Expenses: What Can Businesses Claim VAT On?
There are many taxes involved in a business and VAT on vehicles is one of them. The reclaiming of VAT on motoring expenses is creating a lot of confusion for both businesses and advisers. As a business person, you can only...
What Is HMRC’s Take On Hiring Self-Employed Workers?
Small businesses, especially start-ups prefer to hire self-employed workers instead of permanent employees. This is mainly because they can save a lot when it comes to taxes and employment rights that only employees are...
Things To Watch Out For When Hiring Self-Employed Workers
In the present economic conditions, it is quite obvious for businesses to be lured to take on self-employed workers instead of hiring people as employees. Not to mention, the flexibility and benefits that come with...