by AccountingPreneur | Jun 14, 2022 | Business, Tax
Employee-owned businesses – how do they work? If you’ve ever shopped at a branch of John Lewis, you may have heard the people working there referred to as ‘partners’. This is because John Lewis is one of the 470 employee-owned businesses in the UK, meaning that each... 
by AccountingPreneur | Jun 9, 2022 | Bookkeeping, Budget, Business, Cash Flow
The most important element when it comes to financial planning for your business is your budget. It will give you critical insights into how your business is doing – income, cashflow and expenses. But do you know what percentage of your income you should be allocating... 
by AccountingPreneur | May 18, 2022 | Balance Sheet, Bookkeeping, Business
Be honest, how closely do you look at your balance sheet when your accountant produces a report for you? Do you glance at it, check you’re in profit and then carry on with what you were doing, assuming that if there was anything really worrying going on that someone... 
by AccountingPreneur | Apr 20, 2022 | Bookkeeping, Business
When you’re running a small business, bookkeeping may be the last thing you want to think about. But the reality is that it needs to be a high priority! Keeping accurate books is vital for accurate financial reporting and is critical should you face an audit. As your... 
by AccountingPreneur | Apr 11, 2022 | Business, Cash Flow
Business resilience in these tough times Millions of households are facing a rise in energy costs, alongside increases in the cost of council tax, water bills and other utilities and there is a warning of fresh energy bill price rises in October. Energy... 
by AccountingPreneur | Mar 13, 2022 | Business, Incorporation, Tax
Spring is on the way! Along with the longer days we’re really enjoying seeing spring flowers starting to bloom. If the brighter weather and budding flowers are evoking the idea of fresh starts for you, you might find yourself day-dreaming about calling time on the...