Most business owners are motivated to run a business because of the money. They want to provide for their families, build a better life and put away something for their retirement. The businesses finances are key to everything; the numbers need to add up to make it work. The problem arises [...]
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 themes. Many business owners think of their accountants as either: The police/headmaster making sure you don't do anything wrong Mentors or guides to [...]
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 of cash in your business, you probably think having too much is not a problem, but it is still a problem just a [...]
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, you will need people (whether employees or subcontractors) to do all of the things that you either do not have time to do or [...]
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 the biggest worry is where is the next customer coming from. Recycling bins up and down the country are full of ‘junk mail’ [...]
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 our blog library to see what we thought was worthy of writing about in 2021. In January 2021, we laid down the gauntlet [...]
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! So, it’s time to wheel out our annual advice for the season of entertaining and celebrating, on what you can and can’t claim [...]
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 a normal let, which is not normally furnished and has a longer-term tenancy basis. Owning and renting property on a buy-to-let basis is [...]
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 Gains on residential property disposals. Clearly 30 days was proving too short a time frame for tax payers to meet. If you are [...]
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 and exciting challenges. Growing that business is all about eliminating bottle necks and problems that get in the way of that growth and [...]
