One of the biggest problems in business is getting paid – and that’s where credit control is essential. Too many business owners are so busy working on new products and…
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CONCEPT BLOG
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Getting paid is essential for a healthy business but invoicing errors can sometimes create issues that hits your bank balance. If invoices remain outstanding for a long period, your bills…
The way in which HMRC works is confusing for many business owners – and claiming VAT back is one of those baffling areas. Value Added Tax (VAT) is a complex…
When we started writing regular blogs for our website, we had one aim in mind: helping business owners run their companies. Whether you’re a client or not, we want to…
The word ‘equity’ is used a lot in business – especially if you watch BBC’s Dragon’s Den. During the programme, you’ll see entrepreneurs asking the dragons for investment in exchange of…
If you own or run a limited company you could qualify for Employment Allowance. This allowance reduces the amount of National Insurance that employers have to pay by £5,000 from…
When your company is limited the money belongs to the business and you cannot just help yourself to funds. If you need money in addition to your salary or dividends…
As the government makes announcements months in advance it’s easy to forget the changes for your business faces. So you can be forgiven for overlooking or even forgetting deadlines until…
Bad debt is the term given when customers or clients either can’t or won’t pay. But how do businesses end up with bad debt? Many businesses use credit terms –…
