Smart business insights
Countingup to 6,000 customers
To think, a year ago this month, we were just closing our first funding round. All we had was an idea to combine accounting and banking in one place. There were four of us at the time and we didn’t have a product or any customers. Now there are over 6,000 of you using Countingup […]
Unexpected places to find new clients
Think of the key skills you need to acquire to run a successful business — networking, content marketing know-how, delivering an amazing elevator pitch — they all revolve around the same basic thing: the need to find new clients. When you’re starting out you can’t think of much else and every new client feels like […]
Break the spreadsheet habit
It is with a mixture of sadness, nostalgia and, we won’t lie, a great deal of relief, that we hereby announce the retirement of the spreadsheet. In the absence of a better solution, spreadsheets have served us well through the years, helping us transition from the sheer disorganised hell that was the shoebox method of […]
You need an accountant and accounting software
Thanks to the advent of accounting software you can ditch the time-consuming spreadsheets and you can wave goodbye to the annual tax return panic. But can you say adieu to your accountant? Some business folks swear by the software while some are holding on tight to their trusted accounting professional: which option is best? Well, […]
Sole Trader or Limited Company
This is potentially one of the trickiest decisions you’re going to have to make as you embark upon a career of self-employment, not least because of the sheer volume of information you’ll find if you Google ‘sole trader or limited company’. There are certainly advantages and disadvantages to either model and once you start researching […]
How to prepare your digitally-shy clients for MTD
The launch of Making Tax Digital (MTD) is fast approaching and its detractors have a few complaints to work with; they worry the quarterly tax reports will take more time than the current annual return or that it’ll be expensive to implement a whole new accounting system. By far the biggest fear for many, though, […]
Do you really need a business account?
Mingling your business and personal finances: it’s a trap that many small business owners fall into, particularly when they’re just starting out. It can seem like such a hassle; searching the high street banks for the best option, the trials of actually opening the account, having to pay banking charges when you’re not even breaking […]
Manage your expenses with Countingup
Claiming expenses for a small business can be a minefield. What can I claim? Is it tax deductible? Do I still have the receipt? As a small business owner, you don’t need that stress. You should be spending your time thinking about growing your business and making your customers happy, not trying to figure out […]
Easily deposit cash into your account
Even with the well-documented decline of cash in the UK economy, it is still hugely important for many small businesses. While the likes of Sumup and iZettle make it very easy to accept card payments anywhere without the costly physical infrastructure, for some customers, cash is still king. Pretty much the only thing you can […]