To keep your business in good financial health and ride out the turbulence of current global uncertainty, staying on top of your cash flow management is key. Apply these 10 techniques to get started: 1. Be selective Turning down new business is not easy and needs steely resolve, but doing your research and turning down […]
In this article you’ll discover: How to start an online business Which e-commerce platform might be right for you Branding and finding your niche Sourcing products Marketing your online business The rise of e-commerce has been nothing short of spectacular, accelerated in no small part by the Coronavirus pandemic. And the beauty of it is, […]
There’s nothing more exciting in life than chasing after your dreams. For many, that means taking something they love and turning it into a business. Accounting may not be the most thrilling part of that journey, but it certainly becomes one of the most important. It might seem a lot to take in at first. […]
Did you know that 54% of UK organisations have put preventing data breaches and cyberattacks at the top of their IT priority list? But, staggeringly, 43% of small businesses still don’t have any type of cyber security defence plans. Keeping a small business afloat is a big achievement, which is why you don’t want to […]
Making Tax Digital (MTD) is the UK government initiative that aims to make it easier for people and businesses to “get their tax right”. HMRC wants to become one of the world’s most digitally advanced tax authorities, and through MTD it’s trying to make tax admin simpler. In this article, you’ll learn: • The essentials […]
All businesses have expenses, and while larger companies can rely on their trusty accounts department to handle them, if you’re running your own business this task will be down to you. As there are so many business activities to focus on, tracking expenses often gets pushed to the bottom of the to-do list for self-employed […]
The world of small business insurance can seem like a minefield and we’re here to help. In this guide, you’ll learn about the different types of insurance you need to consider and why they are important, including: Employers’ liability insurance Public liability insurance Personal accident insurance Professional indemnity insurance Business buildings, contents and stock insurance […]
Say goodbye to manually creating your own invoices. The Countingup app will do it for you! In this guide, you’ll learn how to: Create an invoice with Countingup Add a logo to your invoice templates Match a payment to an invoice Duplicate an invoice Change an invoice’s due date How to create an invoice 1. […]
If you are a contractor, self-employed or running your own limited company, MTD, short for ‘Making Tax Digital’ is going to become more and more important in the coming months. In this article, you’ll learn what it is, how it will affect you and how to register for MTD. What is MTD? MTD is HMRC’s […]
All you need to know before setting up as a sole trader Running a small business and considering whether to register as a sole trader? In this article, you’ll find everything you need to know about setting up as a sole trader, including the pros and cons, costs and more. Sole trader definition Sole traders […]