Useful articles - Concept Accountancy

Oct 08

A woman stocktaking in the warehouse of a business.

What do I need to know about stocktaking?

By Mark Advice, Food for thought, Useful articles

If your business sells products then you need to know about stocktaking. Stocktaking is also known as inventory counting. It is the term for keeping track of what you have…

Sep 12

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How can business grants help you?

By Mark Business grants, Advice, Useful articles

Business grants are one way to secure capital when your small or start-up business needs it most. Unlike loans, they don’t usually need paying back. This helps businesses minimise financial…

Aug 29

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What is cash basis and traditional accounting?

By Mark Advice, Useful articles

Launching a business means making many decisions including understanding the difference between cash basis and traditional accounting. It’s essential to get an understanding of which method is best for you…

Aug 14

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What does a Company Secretary do?

By Mark Limited company, Advice, Company Directors, Useful articles

Limited companies often appoint one a Company Secretary. It is an important role but there isn’t a legal obligation to appoint one. A limited company registered after 6 April 2008…

Aug 14

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What’s the difference between directors and shareholders?

By Mark Advice, Limited company, Useful articles

Directors and shareholders are an important part of any company limited by shares. The two have distinct roles, however, and are not the same. Broadly speaking, the main difference is…

Aug 14

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What’s so good about Xero for construction?

By Mark Accountancy software, Useful articles, Xero

You may have heard the adverts on the radio extolling the virtues of Xero for construction companies. But by the time you get out of your car or van, you’ve…

Aug 14

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Is buying a franchise a good idea?

By Mark Advice, Hacks, Useful articles

If you’re considering buying a franchise there are a number of pros and cons. According to the findings of a study released earlier this year, franchises are becoming increasingly popular.…

Jun 14

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What are mergers and acquisitions?

By Mark Advice, Company Directors, Useful articles

Mergers and acquisitions happen regularly in business with figures released last month showing 367 took place between October and December 2023 alone. These strategies allow a business to expand into…

Jun 14

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Can sole traders employ people?

By Mark Advice, Self-employed, Useful articles

If you’re self-employed you may wonder if it’s possible for sole traders to employ people. The short answer is that they can. It’s quite rare for sole traders to employ…

Sep 23

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What’s different about Accountants and Chartered Accountants?

By Mark Advice, Useful articles

Did you know that there’s a difference between Accountants and Chartered Accountants?Small business owners might not realise there is a difference, but it’s worth finding out what that is. It’s…

Useful articles20

What do I need to know about stocktaking?

How can business grants help you?

What is cash basis and traditional accounting?

What does a Company Secretary do?

What’s the difference between directors and shareholders?

What’s so good about Xero for construction?

Is buying a franchise a good idea?

What are mergers and acquisitions?

Can sole traders employ people?

What’s different about Accountants and Chartered Accountants?

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