As a small business owner, it’s crucial that you manage your expenses well. In fact, Fundera found that 20% of all small businesses fail within the first year, so it’s vital that you develop good money management habits right from the very...
New processes that aren't yet proven within a company need to be handled with care. Documenting them is the best way to keep track of aspects that work right and those that don't. Process documentation can help you understand the effectiveness and...
Good cash flow is essential to the financial health of your business. In finance terms, cash is comparable to food - without it, your business will run into many health problems and eventually starve. Cash flow problems are often cited as one of...
You might have received a statement from HMRC in the past few weeks reminding you that your payment on account is due by 31st July. We’re here to shed light on what a payment on account is so you can navigate this aspect of tax compliance. With the...