Small businesses need to set their sights on growing their business in the full realisation that prudent financial administration lies at the heart of the growth strategy and that means ensuring all matters related to appropriate tax planning and keeping the taxman ‘onside’ are vital. Moreover, what are the financial incentives available to enhance your
The post What are the best financial strategies to help grow your business? appeared first on Small Business.
Tag Archive for Accounts & tax
Hot Business News Today
Hiring an accountant: When and why you need one
by Ben Lobel • • 0 Comments
The strength of your business depends on its financial health. If your business is small you may be able to handle the job yourself, but the accounting responsibilities will grow bigger and more complex as your business develops. When running a business you want to focus as much time as possible on the products or
The post Hiring an accountant: When and why you need one appeared first on Small Business.
Hot Business News Today
R&D tax relief – how to take advantage
by Owen Gough • • 0 Comments
R&D tax relief appears to be something that everyone is talking about. However, despite an increase in the number of claims being made over the last few years, awareness of the scheme remains lower than expected with many simply assuming it doesn’t apply to them. With the government announcing that they intend to simplify access
The post R&D tax relief – how to take advantage appeared first on Small Business.
Hot Business News Today
How my business benefited from R&D tax relief and EIS
by Ben Lobel • • 0 Comments
There’s no doubt setting up a new company is an administrative headache. Once the compliance work for Companies House is sorted, you have to address the laws and rules associated with employing people – including the mind-numbing complexity of pensions auto-enrolment – and source various insurances. An optional administrative burden that, with hindsight, we’ve discovered
The post How my business benefited from R&D tax relief and EIS appeared first on Small Business.
Hot Business News Today
A small business guide to getting your cash flow right
by Ben Lobel • • 0 Comments
There’s no doubt that cash flow is the lifeblood of a business and the cornerstone of business growth. Without cash coming into your business it’s impossible to meet all of your financial obligations from paying your taxes, through suppliers, to employees and yourself. However, some of the best-run businesses go under when cash flow becomes
The post A small business guide to getting your cash flow right appeared first on Small Business.
Hot Business News Today
Financial reporting – Here’s what you should be doing
by Owen Gough • • 0 Comments
When you own your own business and you work there day-in, day-out, you instinctively know what’s working and what isn’t. But how do you quantify these successes to external parties like investors or new partners? And what do you do when your business grows, or changes, and your existing measuring stick doesn’t work in the
The post Financial reporting – Here’s what you should be doing appeared first on Small Business.
Hot Business News Today
Financial reporting – Here’s what you should be doing
by Owen Gough • • 0 Comments
When you own your own business and you work there day-in, day-out, you instinctively know what’s working and what isn’t. But how do you quantify these successes to external parties like investors or new partners? And what do you do when your business grows, or changes, and your existing measuring stick doesn’t work in the
The post Financial reporting – Here’s what you should be doing appeared first on Small Business.
Hot Business News Today
Hiring an accountant: A small business guide
by Ben Lobel • • 0 Comments
When you’re running your own business, it’s inevitable that you’ll end up wearing a lot of different ‘hats’ and taking on a range of different roles within the business. Many businesses and entrepreneurs are operating on a limited budget, so it’s understandable that some may opt to try to do their accounts themselves. However, they
The post Hiring an accountant: A small business guide appeared first on Small Business.
Hot Business News Today
Six reasons to tackle your self-assessment tax return early
by Ben Lobel • • 0 Comments
There are a lot of perks to being self-employed, from flexible hours and being your own boss, to the privilege of working from home in your pants. There are some definitely some drawbacks to freelance life though, and one of these can be the annual filing of the self-assessment tax return. Unless numbers are your
The post Six reasons to tackle your self-assessment tax return early appeared first on Small Business.
Hot Business News Today
Why quick action is key for small business cash flow management
by Ben Lobel • • 0 Comments
For many small businesses, good cash flow management can be a constant worry. Juggling payments and invoicing and managing stock can prove to be a headache and even a healthy profit and loss sheet can be undermined by negative cash flow. Frequently, SME owners find themselves in a time-poor situation, working across many areas of
The post Why quick action is key for small business cash flow management appeared first on Small Business.