It’s been a couple of weeks since the Budget and we have taken the time to let the full impact of the minimum wage increases sink in. The National Living Wage (for those aged 21 & over) will increase to £12.21 per hour from £11.44, an increase of 77p, and the [...]
From 1st Jan 2024, HRMC will be able to access and view your incomes on digital platforms like Airbnb, Etsy, Upwork, Uber etc. If any of you have a side hustle that you haven’t yet got around to declaring on your self-assessment Tax Return, then now is a good time. HMRC’s [...]
It was with great sadness that I woke up to the news of Matthew Perry passing last Sunday. Like most of us I was glued to Friends in the 90’s, and then again in the 00’s, and again recently as my children discovered it. Chandler was an amazing character, his one-liners [...]
So, you have decided it is the right time to sell. But is your business ready to sell and what can you do to maximise its value? Getting your business ready for sale isn't something to be rushed. It takes some careful preparation to make sure you get the best value [...]
In the realm of business, small business owners must wield the art of effective planning to ensure success in the face of challenges and opportunities. The adage "Proper Planning Prevents Poor Performance" encapsulates the essence of this crucial practice. Let's look at the origins of this saying and explore how its [...]
We believe that a regular finance meeting is a sign of a healthy business. So much so, that we have written out an agenda for you to use in your business and are giving it away absolutely free! Here are the top reasons a finance meeting is important for your business: [...]
Working for yourself is difficult at the best of times - you have a lot of balls to juggle and things to remember. One of those things is your finances. As a sole trader, it’s easy to mix up your personal finances with your business’s finances, after all its all your [...]
Small business owners often face a variety of challenges when it comes to pricing their products or services. While it may be tempting to under-price in order to attract more customers, setting the right price is crucial for the long-term success of any business. Here are a few reasons why getting [...]
The list of reasons that businesses fail is long, and many of these are out of the business owners’ control, but sometimes mistakes are made. Here are the top 5 mistakes made by business owners to help you identify and avoid them. Lack of planning: Many business owners fail to create [...]
