Articles

The break-even point is marked by the number of jobs you need to complete to cover your operating costs. Once you’ve reached your break-even point, you’re no longer losing money and your business is officially turning a profit.

Are you still wasting time on manual bookkeeping processes? We’ve explained why digital bookkeeping is the way forward for any serious business.

Do you have what it takes to be a successful entrepreneur? We’ve underlined 5 key traits of a great business leader, and how our mentoring services can help drive you to achieve more.

As environmental consciousness rises, small businesses face increasing pressure to adopt sustainable practices and reduce their carbon footprint.

Taking a holiday might seem impossible when you’re running a business, but it’s vital for your well-being as well as the company’s health. The key is planning and preparation.

DIY accounting might sound like a good economy, but investing in an accountant could be the best financial decision you make as a business owner.

A solid budget is the foundation for your company’s financial management and success. Here are 4 ways to stay in control of your business budgeting.

To understand the financial position of a business at a specific point of time, look at the balance sheet.

Do you know your business breakeven point? Knowing how much income you must generate to cover all fixed and variable costs means you can make better business plans and financial decisions for long-term sustainability and profit.

As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash king?

What are the most common accounting mistakes made by business owners? And what can you do to avoid these pitfalls and keep your finances looking healthy and shipshape?

Do you have all the operational foundations of your startup ready to roll? Talk to us about kicking off your new business and being ready for your first sale.

There’s a goldmine of financial data buried in your cloud accounting ledgers. We’ve dug out five of the key ways that real-time financial data can help to drive your business decisions.

Now’s the perfect time to get in control of your procurement spending. We’ve got 5 key ways to improve your procurement processes, so you can ride out the current economic challenges.

Using your cloud accounting software to just do the bookkeeping barely scratches the surface. Here are four important ways to get more from the cloud with a bespoke tech stack.