Accounting & Tax Articles

Keeping your small business financially sound is one of the most difficult - and important - aspects of running a successful company. When something is amiss with your financial management, it can quickly spiral out of control and threaten the very existence of your...

Are you ready to take your business to the next level? There is no denying that the scale-up phase is incredibly exciting but it’s important to make sure you are prepared. You need to get your affairs in order before you scale up and ensure that your business won’t...

Debt is part and parcel of running a business. Taking on debt is always a risk, but it's one that, if managed well, can lead to success. Of course, things don't always go according to plan and sometimes businesses find themselves in more debt than they anticipated....

Are you struggling to keep your head above water because of cash flow problems? If so, don't worry – you're not alone. Cash flow is the number one issue that any business has to face and with the rapidly rising cost of doing business, it's now more prevalent than...

The covid-19 pandemic caused widespread economic damage. Although the world is slowly opening up again, small business owners are still facing a slew of new challenges. Rising inflation means that it’s more important than ever for small businesses to reduce expenses,...

Growing a small business is a balancing act. On the one hand, you want to see your business expand and reach new heights. On the other hand, you don't want to sacrifice quality in the process, or lose the close-knit feel that makes your business unique.  So how do you...

Great money management is what separates the average business owner from the one who is financially successful. There are a number of money management practices that all business owners should implement in order to ensure their financial success, and with the new year...

If the pandemic taught us anything, it's to expect the unexpected. No-one could have foreseen the huge impact that COVID-19 would have on our lives and livelihoods, and the many ripple effects that have followed. Now, facing labour shortages, rising costs, and a...

Scaling up a small business is no easy task. There are a lot of moving parts and it can be difficult to keep track of everything. It is important to have a good plan in place and to be organized so that you know where you are at all times, and stay calm and in...

We know that understanding what you can and can't claim as a business expense on your tax return can be confusing. In some cases, certain rules can feel a lot like grey areas - but trust us, when it comes to HMRC, there is actually very little room for interpretation....