When you initially set up your startup, the most pressing issue for you will inevitably be your finances. While your cash flow may appear buoyant to begin with, you need to ensure that it remains this way. To fulfill orders in a timely manner and to provide services to your niche market, it’s vital to […]
It’s every company’s nightmare: as soon as the deadlines for payments and taxes come in, their accounting and finance department works overtime, manually checking and double-checking – and in some cases, triple – or quadruple-checking – their invoices and tax information to make sure that payments are made correctly, and that no single cent is […]
When it comes to vehicle fleet management, there are a lot of costs to take into consideration. No matter how many vehicles a business has in their fleet, from fuel to registration fees and insurance premiums to servicing costs, vehicular expenditures can rack up to thousands of pounds per vehicle every year. However, there is […]
Borrowing is an important and necessary part of managing your small business. It gives you the funds to expand your business. Large companies and even governments use debt this way to help them grow. But accumulate too much debt and you go bankrupt. Sometimes investments we pay for with borrowed money don’t pan out. Sometimes […]
Studies have found that digital payments are expected to hit 726 billion dollars in transactions by 2020. That’s because the many types of digital payments available make it easy and convenient to pay and be paid, anytime and anywhere. That’s why digital payments are worth considering when it comes to your payroll and paying your […]
It’ll be a wise move to look at your gas and electric usage around your company to discover quick and simple ways to slash your energy bills, especially when you consider that the average business across the UK is currently spending close to £4,000 a year on energy. Not only will becoming more aware and […]
Whether you’re setting up a new restaurant, a shop or other kind of retail business – the costs involved to get you off the ground can be significant. It isn’t as simple as buying stock and selling it on, as you’ll know – a lot more goes into it than that. While some of the […]
An accountant is one of the most important investments you will make in your business and a bad accountant could be one of the worst. Your business accountant should be able to manage all of your business finances, guide you on problem areas and sort out the difficult world of tax, so you don’t have […]
Law firms today are seeking financing solutions to help them start, develop and grow their business as well as support their clients. Just like every other business, legal firms require financial support to grow and move forward. Unfortunately for them, it is not possible to guarantee normal loans because in most cases their finances are […]
If you are researching how to set up your small business for success, then you are probably looking forward to realising the fruits of your labour and getting to enjoy all of the perks that being an entrepreneur and owning a successful small business will afford you. Whilst the perks are exciting, the pressure of […]
Buying a car is a big purchase and can be costly for business owners, this it is important that you approach the decision wisely. Whether you need it to travel to meet clients, get to events or simply travel into the office, a company car boasts numerous benefits. Before going ahead and purchasing the first […]
Modern business moves very quickly, nowadays. Unlike in the past, a lot of the opportunities you will find can disappear right before your eyes if you don’t take them fast enough, and this is making it hard for those who act too slowly to make a dent in the industries they like. Fidget spinners, for […]
They say that two things are guaranteed in life: death and taxes. Most small businesses in the USA, and globally, dread having to pay quarterly taxes. What happens if you don’t have the funds to make your business tax payment? If You Don’t Pay Your Business Taxes, You’ll Owe Back Taxes If you fail to […]
Only about 40% of small business owners have consulted with a financial advisor. About 30% haven’t calculated how much money they will need for retirement, and less than 25% have a succession plan in place. Most small business owners want their business to succeed and to be passed down to a successor. But it’s difficult […]
The global economy is interlinked by trade. While there are only a few currencies that get the largest share of trade volume, almost all currencies in the world are traded at foreign exchanges. This is because a constant flow of currencies is necessary for smooth trade. The exchange rate of a particular currency is an […]
Financial planning is receiving a lot of attention in this day and age. It could be because people are increasingly seeing the need to create a level of financial security as well as becoming more financially literate. As a result, there are many more resources making financial basics easy to digest for the general populous. […]
