Small businesses are big business for banks
Small businesses account for 99.9% of all private sector businesses in the UK and a massive £1,600 billion turnover. Small businesses are big businesses for banks. As you’d expect there is an every colourful range of products to match the demand, so how do you choice the right business bank account for? USAGE Consider…
Importance of Trained Accountants
Originally posted on Accountant Stone:
Appointing competent and experienced tax accountants has become a fad recently. Many accounting companies have received well this new craze and as a result serve numerous small-scale and large businesses. The significance of tax accountants is huge because they help entrepreneurs make wise decisions on crucial financial aspects. It’s natural…
Projecting Revenue and Expenses for Your Small Business Budget
Originally posted on Small Food Business:
As we talked about yesterday, figuring out how much revenue you’re expecting to make in the next year and calculating how much you’re going to spend is the cornerstone of a solid business budget. But how can you keep it from just feeling like you’re pulling numbers out of…
Best Laid Plans . . . . Financial Planning for 2014 Poll
The best laid plans of mice and men often go astray. So the saying goes, and with 2014 around the corner what is your business planing for the coming year? “A goal without a plan is just a wish” – Antoine de Saint-Exupery
High Income Child Benefit Charge
Originally posted on Business Accountant:
The High Income Child Benefit Charge (HICBC) is a tax charge which repays part of the child benefit received by high earners earning over £50,000 to a 100% repayment for those earning over £60.000. It applies to child benefit received from 7th January 2013. Who does it affect? You may need…
Understanding VAT – A Small Business & Start-up Guide
The government taxes your business 20% for small profits up to £300k & 23% for all profits greater in corporation tax (2013) and then wants to tax your sales by 20% with VAT. It is a lot whichever way you look at it, but there are steps you can take to reduce your VAT bill.…
Closing the books: Year End Accounts
Keep Calm & Carry On! Not soothing words for any small business approaching year-end. Financial year end is an important part for any business, a time to reflect of the year’s achievements, successes and close off the year with a view to make the next superior. As we approach the end of the calendar year…
Should your business blog? (Infographic)
Originally posted on The Hallmark Abstract Sentinel:
In other words is the extra work and small expense that’s involved creating and updating a blog going to provide your business with a return on investment (ROI) that will make the endeavor worthwhile? The fact of the matter is that simply by you being here reading this…
Enter the SME – Insight into the World of Small Business
The SME, Small to Medium Enterprise, has traditional been over looked by media, government and the public. Since the recession of 2008 attention has been heaped on large intuitions financial practices, first the banks and more recently Google’s & Starbuck’s tax strategy. But also at the same time news agencies have started reporting on small…
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