Articles

When you’re a small business owner, sole trader or freelancer, asking for payment on overdue invoices can be a delicate matter.

Knowing the difference between cashflow and profit – and how cash and profit contribute to your success story – is a vital skill if you want your business to have the best possible financial health.

Without good bookkeeping, the speed and quality of your reporting can quickly fall down.

Most trade business owners use accounting software to help them run their businesses – and for good reason.

Networking with your peers is a great way to make connections with other entrepreneurs, while also looking for new business opportunities.

If you’re planning to found a new business, you’ll need enough startup capital to get this venture off the ground.

Your business produces revenue through your usual business activity, by making sales, getting your invoices paid, or taking cash from paying customers

Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners.

Planning for your audit helps your auditor get their job done more quickly, and also means there’s minimal disruption to your staff and business during the process.

Are you ready to think about your successful eCommerce business or online side hustle, getting yourself a brick-and-mortar retail space?

Imposter Syndrome is characterized by a persistent feeling of inadequacy, despite evidence of your competence and accomplishments.

Running a business will always mean incurring certain expenses, or ‘spend’.

Tax planning is a strategic approach to managing your business’ financial affairs, with the aim of legally minimizing your tax liability.

Spend management is all about getting in control of your expenses – and, where possible, aiming to reduce the level of costs and overheads that you incur as a company.

Modern accounting firms are far more interested in helping you with your financial performance, your business strategy and offering flexible value-add services that put you in better control of your finances.