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Staying compliant – how to avoid bad business hygiene

To kick things off, when I talk about staying compliant and how to avoid bad business hygiene. Basically, the governing rules for the financial management of all businesses. This covers areas including your company’s VAT returns, corporation tax, PAYE, a workplace pension and everything to do with filing your accounts at Companies House and HMRC. If you’re reading this and…

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  • General
  • Making Tax Digital
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Bookkeeping – the foundation of your financial information

For many business owners, bookkeeping is viewed as a simple task that can be completed quickly and easily. However, bookkeeping is the foundation of your financial information! Getting wrong can lead to total confusion, a complete lack of clarity and ultimately, financial chaos. As business owners, we need to learn to respect financial administration and appreciate that the hard work…

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  • General
  • Making Tax Digital
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Say goodbye to spreadsheets

In my last blog, I talked about the different types of information you need to know as a business owner. Now it’s time to have a frank discussion about how you’re recording this information… I hate to tell you, but it’s time to say goodbye to spreadsheets. In all my years of accounting, I’ve never come across a set of…

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  • General
  • Making Tax Digital
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Build Success by Creating a 5 Star Team

One of the keys to growing a successful business is creating a 5 Star Team. But how do you know if your team is 5 Star? And if it isn’t, what do you do about it? Do you have a 5 Star Team? First you need to determine if you have a 5 Star Team, and here’s how to do…

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  • General
  • Making Tax Digital
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Growing During Recession – How To Win Your Competitors’ Customers

The expansionary mindset that’s required to grow in a downturn means you must endeavor to grow your customer base and given that the total number of customers in the market is unlikely to be expanding, you’ll need to get focused on how to win your competitors’ customers. HOW TO WIN YOUR COMPETITORS’ CUSTOMERS: Here are some tips on how to…

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Categories:

  • General
  • Making Tax Digital
  • Uncategorised