All businesses in the UK have a duty to be compliant with the relevant authorities, like HMRC, submitting and reporting in a timely manner. Of course, HMRC will issue fines and charges if any deadlines are missed, so it is Read more
Why should I outsource when I can do it all myself?
There are plenty of business owners who believe that outsourcing is just an extra expense, and that they can run the entire operation without any assistance, and maybe they can.
However, if a business is Read more
My business is doing fine, why should I worry about its future?
Although a business plan is often perceived as little more than a tool to obtain finance for a company, it is necessary for the successful growth of an Read more
How can I keep profit and turnover high?
It’s a common misconception that a high turnover equals healthy profits, and vice versa. In reality, the amount of profit a business has depends largely on Read more
Are you spending too much time and money in-house?
Running a company involves dealing with many different processes, many of which are complex and time consuming. Some of the processes a business needs to Read more
Is meeting tax deadlines a struggle for you?
Running a business often involves juggling your time between looking after your client database, searching for new customers, balancing the profit and Read more
Three reasons companies use outsourced financial directors
A financial director is responsible for the company’s finances, controlling cash flow and profit forecasts, attending Read more
What to consider when setting employee pay levels
Setting the correct level of pay for employees in a company is a delicate balancing operation, as paying too much can result in a reduction of profit, while not paying enough won’t attract the most suitable candidates, and could Read more
Why you need to prepare for auto-enrolment
New legislation has been introduced that means that employers have to enrol workers into a pension scheme if they fulfil specific criteria.
If a worker is aged between 22 and the Read more
How changes to employment law could impact on a small business
Changes to regulations can cause a great deal of upheaval for small businesses, especially when they refer to employment law.
Changes made in 2015 included the Read more