Category Archives: Business Tips

What are your duties as an employer?

employer duties

Currently, in the UK, there is a shortage of high-quality staff to support businesses. There are multiple reasons behind this, and some of them are beyond our control. However, you can control the type of employer you are. The initial step is to comprehend your responsibilities as an employer. So what are your duties as […]

How to be a good landlord

good landlords

Many landlords are having a difficult time right now. For many of you, it’s an anxious time due to a few things happening, like rising interest rates and new legislation.  So why is it important to think about how to be a good landlord? Following the death of a young boy (Awaab Ishak) in 2020, […]

Why managing your cash is so essential right now

According to the Office for National Statistics (ONS), the UK’s inflation rate has decreased to 7.9% for the year ending in June. This is positive news as the rate of price increases is slowing down. However, it’s important not to become complacent and to continue monitoring your finances closely. In the current economic climate, managing […]

Why is it important to file your accounts on time ?

Most of us accountants are keen to make sure that you file your accounts on time.  If you are a seasoned business owner, you will already know that if you file your accounts late you will receive penalties. But why else is it important to file your accounts on time? You can review the full […]

How can Artificial Intelligence work for your business?

You can’t have missed the conversation about artificial intelligence (AI) recently. This is because there is now a new wave of AI technology. This brings an opportunity to automate many routine or administrative tasks and improve the overall efficiency of your business. You know we have been talking cloud accounting for a while because that […]

Do you have a growth strategy?

business growth

You might have a great product or service to sell but without a business growth strategy to help, it may not grow at all! To grow you need to have a well-documented and clearly defined growth strategy. A growth strategy starts with identifying and accessing opportunities within your market. The strategy addresses how your company […]

The best ways to take money out of your company.

taking money out of your company

What are the best ways to take money out of your company?  This is the most common question asked by many clients. You choose to operate your business as a limited company for various reasons.  One of the top reasons is normally so that you can have protection under “limited liability” and the other is […]

Building Resilience in your business

Inflation is proving to be a real problem now. This comes as new figures released this week suggests that food prices were up 15.7% last month compared to April 2022.  The Bank of England is predicted to raise the interest rate again later this month. This makes everyone nervous which means if you have been […]

Why is the workplace culture important now

workplace culture

Is the workplace culture important?   You will have heard of Generation Z and how their expectation of work is so different.  For Gen Z the workplace culture is important.  This generation will soon pass the Millennials as your new employee and your new customer. Gen Z tend to bring their personal values to their […]

Mitigating the long-term effect of inflation on your finances

  With continuing inflation in the UK, many of us and our businesses have been put “off track” in the short to medium term so how do you mitigate the long-term effect of inflation? The Bank of England recently increased interest rates by a quarter of a percentage point to 4.25%. This is despite the […]