A tax investigation is an enquiry permitted by HMRC. They look into your financial affairs due to reasonable doubt in your tax payments. The duration of this process can usually take place between 6 months to 12 months. As a result, the time constraint depends mainly on the type of examination that is being carried […]
Bookkeeping your SME may seem like an easy task. Bookkeepers play a crucial role when it comes to bookkeeping your SME. Bookkeeping can be done in many ways such as collecting, organising and taking note of invoices. If you are a small to medium enterprise this guide will help you with why you need bookkeeping.
An audit can provide numerous benefits to your business such as detecting fraud, planning and decision making. This is a guide about why you should audit your Small to Medium Enterprise. What is auditing? An audit helps to analyse your business financial records to improve accuracy. When auditing for small businesses, your businesses financial statements […]
As a start-up it can be very difficult to get your business off of the ground. Many start-ups need a start-up business grant in order to get their ideas up and running. These are usually provided by private investors, or are government grants. Grants for small businesses can typically be hard to acquire, but recently the government has rolled out a new future fund.
When it comes to start-ups, there are many reasons why they aren’t successful. Start-ups are risky and need a lot of attention as there are lots to think about. If you are planning to start your own start-ups then, read on to find more about how start-ups fail. Reasons why start-ups fail Your product is […]
Starting your own business can be an exciting yet nerve-wracking journey. There are many components that contribute to preparing the launch of a brand. Before delving into any entrepreneur venture, it is important to get to grips with the fundamentals. Continue to read and we will provide you with a step by step guide on how to start your own business from scratch.
Bookkeeping is a key part of accounting. While it’s integral for many large businesses, it’s also an important part of accounting for freelancers and start-ups. There are many pitfalls and issues that can occur from this important part of accounting, but today you’ll be able to find out how to avoid these issues.
Embarking on a journey of entrepreneurship can be daunting; continue to read and you will find ‘7 tips for Start Ups’, advising you on what to focus on and mistakes to avoid. Read more to find out what steps you need to take to start-up your business
Having a business plan is important for start-up companies as it allows them to set long and short term objectives with a clear strategy of how to achieve them.
A business plan is the first vital step to the success of a company. It outlines the operational and financial details of a business. In addition to this, it details the budgets and how certain objectives will be achieved. Every aspect of the plan should address possible questions that people reading the plan may ask.
Accountants do tax and compliance work – we all know that. But the best ones do so much more. They’re excellent trouble-shooters and strategic advisors for small to medium businesses. Accountants do more than you think. They can give you strategic advice and come up with clever ways to save money or boost revenue.