Review your expenses – and save yourself money

Running a business will always mean incurring certain expenses, or ‘spend’. Whether you’re a large family business or a small fledgling startup, there will be costs, overheads and supplier bills that mount up – and these expenses will gradually chip away at your cash...

How does an accountant save you money?

Turning a profit and paying yourself properly, will be high on your list of goals as a business owner. And if you want to generate the best margins, that means keeping an eye on the money that’s going out of the business, as well as what’s coming in. So, how can your...

Spreading your January self-assessment payment

With a combination of low growth and high inflation, the 2022/23 tax year has been a tough time, financially speaking, for many of us. So it’s no surprise that many owners, directors and self-employed individuals are concerned about having enough funds to pay their...

Your Q1 2024 deadlines for the diary

We always aim to keep you up to date with the most pressing dates and deadlines for your business diary. To help you get prepared and on the ball, we’ve highlighted some of the forthcoming deadlines for Q1 of 2024. NOTE: If your company’s accounting period is longer...

Business tips: Writing a mission statement

You’ve had your initial business idea and written a plan. But do you know WHY you’re creating this business, or HOW you’ll deliver your end product/service? What will the company’s underlying purpose be and how will your core values drive the...

How the increased minimum wage will affect your business costs

Although inflation is now on a downward trend, the sharp cost rises over the last 18 months are baked in. Energy prices are increasing again and the overall economic outlook isn’t very encouraging. The good news is that by acting now to manage these increases you can...