Do you know the difference between your statutory accounts and your management accounts? We’ve highlighted the main differences and why both are vital information for your business. #businessadvice #SmallBusiness As a business owner, you know you need to produce accounts – that’s a given. But do you know the difference between statutory accounts and management accounts? Your statutory...
Today’s workforce aspires to remote work and a flexible working pattern. So, is your business ready to offer a remote or hybrid working strategy? #SmallBusiness Remote work has become an increasingly popular way of working in recent years. Many companies now offer their employees the ability to work from home or other external locations. This is a giant...
Having a diversity, equity and inclusion (DEI) policy is more than just a box-ticking exercise. We’ve highlighted why DEI is a vital part of your business strategy. #diversity #HR Having a focus on diversity, equity and inclusion (DEI) is a vital part of being a forward-thinking, 21st century business. Having a diverse and inclusive team is not just...
Want to cut your business costs? We’ve highlighted 5 simple ways to claim your tax-deductible expenses with HMRC #tax #expenses #taxreliefs Incurring expenses is an unavoidable fact of running a business. But there are ways to reduce the impact of these expenses, by claiming the relevant costs against your tax bill. Here’s our lowdown of which common expenses...
An investment in employee development is an investment in the future of your business. It’s a sign that you want to support the careers and progression of your people. #professionaldevelopment Spending time and money on staff training is a must. When your employees can see that you're invested in their future, they feel valued, empowered and engaged with...
An annual company account is a financial document summarising a business's financial performance over a year. It includes revenue, expenses, assets, liabilities, and equity, used to review the overall financial health of companies for future investments. The annual company account is prepared by the country's accounting standards and is usually published within the first 12 months of the...
Thank you for your business in 2022. We wish you a Happy and Prosperous New Year - we hope it brings you health, wealth, and happiness. For business owners, this is often the time of year when you reflect on where you are at and think about your business goals for the year ahead. These could be lofty...
“Focus on having Business sustainability through a period of uncertain weakness, and building flexibility to respond quickly when your particular sustained upturn comes along.” - Tony Alexander, Economist. For business owners, it is hard to predict the marketplace swings and roundabouts at the best of times. But these are times of huge personal and professional uncertainty and the anxiety...
Maybe it’s been an extremely busy month. Maybe you’ve just run out of time. Whatever the reason, if you need to arrange a last-minute Christmas party for your business, we’ve got the tips you need. Unfortunately, you’ll probably find that venues and activities book up early. So, you’ll need to be inventive. Here are a few ideas for...
Construction businesses have a lot to keep track of. From material costs and employee hours to project deadlines and safety regulations, a lot goes into running a construction business efficiently. An accountant and bookkeeper can help you track all the essential details and ensure that your business runs smoothly. Here are some of the many ways your accountant...
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