Understanding your Accounts and Financial Statements

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How can XERO and QuickBooks software make it easier for customers to pay?

Customers paying on time is essential for maintaining healthy cash flow in [...]

Where should my Registered Office Address be?

Every limited company in the UK must have a registered office address. [...]

What is a business scorecard and why is it important to have one?

In my experience, business scorecards are widely misunderstood and, as a result, [...]

How will the Associated Companies rules affect the Corporation Tax a Limited Company pays?

From 1st April 2023 the new corporation tax rules mean there will [...]

What Stops Businesses Increasing Prices & What to do about it?

Increasing prices is one task that lots of business owners dread. They [...]

What costs should a business cut to survive the cost of living crisis?

Life for business owners, having survived the Covid19 pandemic, is unlikely to [...]

How can you be tax-efficient when paying yourself dividends from your limited company?

In this article I will answer one of the most common questions [...]

What is EBIT & EBITDA

I very often get asked what is EBIT and EBITDA. What does [...]

What is Bookkeeping

In this article we answer the question what actually is bookkeeping and [...]

How to avoid an overdrawn directors loan account

The truth is many directors of a small business don’t actually understand [...]

What is a balance sheet?

Have you ever thought to yourself what is a balance sheet and [...]

What is a cashflow statement and why is it important?

Do you know what a cashflow statement is? More importantly do you [...]

What is a Directors Loan Account?

As a small business owner have you ever asked the question... What [...]

What are management accounts?

Do you know what management accounts are and why they are different [...]

How to cut business costs

Have you ever thought 'how can I reduce my business costs and [...]

The most common errors on a VAT Return

There's no 2 ways about it VAT is complicated... any errors could [...]

How much should I spend on marketing?

Have you ever wondered 'How much should I spend on marketing?'... In [...]

How to set up Xero

When setting up any accounting software, such as Xero, it's absolutely imperative [...]

Balance Sheet – What are the important numbers?

As a business owner it's vital you can read and understand your [...]

What can I claim for R&D Tax credits?

Does your limited company qualify for R&D? More importantly, do you know [...]

How to read financial statements

Do you know how to read and understand your financial statements? Around [...]

What is cloud accounting?

Have you ever thought to yourself, what is cloud accounting? In this [...]

Grow your profits with exceptional Time Management skills

Do you often wonder how can I have more than 24 hours [...]

What do skiing and business have in common?

I bet you never thought about what skiing and running a business [...]

What is a cashflow statement?

There's no better time than now to plan out to the end [...]

What is People With Significant Control Register?

How often have you heard the People with Significant Control Register or [...]

Xero – Top 5 Features you should be using!

Do you use Xero? Do you feel you’re not using it to [...]

How to maximise your cash reserves

As a result of Covid-19 and what happened to businesses, maximising your [...]

Reducing Prices is not the miracle cure you might think!

In this article Kim talks about why reducing your prices is not [...]

What are Management Accounts and Do I need them?

In this article Kim talks about Management Accounts, what they are and [...]

Do you know what your profit is?

Do you really know with certainty how your business is performing? Do [...]

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