One of the many things I love about working with the variety of clients we have is being able to recommend them to each other. We work with very few businesses which offer the same service so the opportunities to recommend are extensive. As a business we use our clients to provide services – boiler […]
Does your business need some help with bookkeeping or payroll?
The last couple of years have got busier and busier for us. Lots of new enquiries, lots of new clients and lots of one-off Xero training but with MTD looming I decided at the beginning of this year we would not take on any new clients for a few months. As lovely as it is […]
Are your VAT records in order?
VAT records must be kept for six years although HMRC are only allowed to adjust returns going back four years plus the current period. However if you have purchased land or buildings you may need to keep relevant documents for 20 years. But what VAT records do you need to keep? VAT AccountYou must […]
Podcast: Tax & investment planning in an ultra-low interest rate environment
Bob Keebler, CPA/PFS interviews Bob Gordon of Twenty-First Securities Corporation about the planning strategies in an ultra-low interest rate environment. He answers the questions: What are the unique investment opportunities when interest rates are very low? What special election can taxpayers make to reduce taxable income with bond premiums? What tax arbitrage opportunities exist when […]
Building or buying a franchise business? Start here first
We originally wrote this feature article for MYOB. You can view the original publication here Whether you’re considering buying into a franchise business or scaling your existing concept into a franchising model, there are several key things you should be aware of before committing to anything. When you decide to start your own business, there are […]
4 practical ways to achieve sustainable business growth
No matter what industry you’re in or how big your operations are, guaranteeing sustainable business growth relies on a few key management practices, writes Ann King. Sustainable business growth is all about thriving in the face of economic or environmental turbulence. And that means making sure your business is in a healthy and profitable state […]
What are the benefits of outsourcing your bookkeeping?
All businesses need to keep an annual record of their income and their business expenses in order to report them to HMRC through a tax return if they are a sole trader, through partnership accounts if their business is a partnership or through statutory accounts if they are a limited company. So it is important […]
Disaster Recovery Plan
Disasters. They happen. In personal lives, and in business. That’s not being negative, that’s being real. Every day disasters affect families and businesses somewhere in the world, but it always seems to happen to someone else, doesn’t it? Touch wood. Then every once in a while something happens a bit closer to home—a disaster hits […]
Get rid of paper for payroll, rosters & timesheets
Still using spreadsheets for rosters, timesheets, and payroll? The administrative load involved in efficiently rostering staff, preparing accurate timesheets, and ensuring that everyone is paid correctly can be a huge burden on a small business – especially if you are doing it all manually. If your business involves shift work or hourly work in hospitality, […]
How To Keep The Taxman Off Your Back
When Benjamin Franklin said that the only things certain in life were “death and taxes” most people didn’t consider that they may be closely linked. But problems with taxes can lead to the death of your small business unless you take steps to keep the taxman off your back. With sales meetings, recruitment, salaries, cashflow […]