Blogs
Your Relationship with your accountant
It's quite difficult for us to get a handle on what business owners think of their accountants, but over the years, we have picked up on some general [...]
The Cash Problem
Cash is a problem for any business. The two main issues are either a lack of It or too much of it. If you are suffering a lack [...]
The People Problem
Growing businesses need people. You only have 1 pair of hands, and unless you want to spend all of your time bogged down in admin and firefighting problems, [...]
Finding and Keeping Customers
Some businesses find it easy to find customers they are tripping over the work and can’t cope with the amount they have, but many find it difficult, and [...]
Another year is nearly over …. What will be in store for 2022?
As I look back over 2021 and consider what a tough year it’s been, I start to wonder what 2022 will bring. I spent some time looking through [...]
Don’t get caught out by the Taxman this festive season!
Fairy Tale of New York is playing on the radio, tinsel has appeared on the monitors and our logo has changed. Yes, you guessed it, it’s Christmas time! [...]
The (Tax) benefits of a Furnished Holiday Let (including Airbnb)
A Furnished Holiday Let (FHL) is a tenancy that only entitles the tenant to occupy a fully furnished, self-catering property for a limited period. This is distinctive from [...]
Capital Gains on Property Update – You now have 60 days to pay the tax
One of the smaller changes in the Autumn Budget was that you now have 60 Days, instead of the previous 30 days, to report and pay the CGT on capital [...]
Are you getting in the way of your own business?
Businesses are started for a multitude of reasons by people with a plethora of motivations. For most, running a business is a lifelong learning curve full of interesting [...]
Xero’s quarterly product update!
Each quarter we attend an update run by Xero where they share the latest news and features. Here is what they ran through in their November update: Contacts [...]
Thank you to The Business Bunker
I would like to say a huge Thank You to Paul Andrews and Jules Serkin, for inviting me to talk about Accsys Accountants and other [...]
Do cryptocurrencies work for your business?
It’s still true to say that the Jury is still out on cryptocurrencies. Finance and Business gurus from Warren Buffet to Elon Musk have commented both negatively and [...]
Today’s Budget Announcements
There was a budget today apparently – but you may not have noticed, due to the lack of significant changes that will impact you, our clients, directly. Much of the announcements centred [...]
Successful Business Owners are not afraid to take risks.
Running your own business is a risk, stepping away from a regular pay cheque for the uncertain profits of a business, is a risk. But you can’t stop [...]
Why is my business making a loss?
Businesses are started for many reasons and the main reason, underneath all the other ones, is to make a profit. No one sets out to make a loss [...]
When the going gets tough … business owners get going
On my way to the office this morning, I passed 3 petrol stations all with queues of traffic and I couldn’t help thinking back to the last fuel [...]
Why a Virtual Assistant might be key to your business growth
It’s become quite the business buzzword, “VA”. But what exactly is a Virtual Assistant? In simple terms, they are multi-skilled, solution finding administrators who have ninja-like skills when [...]
5 tips for growth in a post-pandemic world
Covid-19, and the Government’s response, has posed the most severe peacetime challenge to the UK economy in living memory. But real and sustained growth is attainable for the [...]
Implications of the new 1.25% NI/Tax Increase
I am sure it didn’t escape your attention that Boris Johnson was on TV this week announcing a new tax / increase in national insurance and dividends. The [...]
For Sale – Is your business sellable?
One exit strategy you may consider as a business owner, is selling your business to a 3rd party. The reasons for this are many; you may be ready to [...]
Managing Cashflow In Your Construction Business
Cashflow is important for all businesses but especially so for those in construction, where jobs can be larger, payment terms can also be long and supplier terms short. [...]
Live Your Best Life
Yesterday I heard the sad news that comedian Sean Lock had passed away after losing a battle with cancer, far too soon aged only 58. It’s a sad [...]
Management Accounts for your Construction Business
One of the key components of making sure your construction business is profitable, is having access to accurate management accounts. An accurate Profit and Loss and Balance Sheet [...]
Upsizing or downsizing? We can help with the forecasting
Are you looking to either scale up or downsize, your business? We’ll help you review your existing business plan, run scenarios and forecasts, and look at the most [...]
Announcing Our Free Xero Training Course
We are pleased to announce that our popular classroom course, which retails at £295 + VAT, has been put online and is now available for FREE. Over 150 people [...]