Opportunity Cost

DIY Startups With start up business there can be a tendency to do everything yourself; whilst this is one avenue you can go down, is it necessarily the best for you? What is the opportunity cost of doing things yourself? Running a small business involves a range of...

Why a Lower VAT will Encourage Consumers to Spend More

COVID-19 has brought about unprecedented happenings, none more so than the extraordinary funding schemes implemented by the Government. Whilst the furlough and business grant schemes were the starting point, backing for the hospitality sector came later. Furthermore,...

3 Simple tips to save time on admin tasks and focus on your business.

When you start a new business, you have to be everything from the head chef and bottle washer. In short, there is no choice but to do all the work and fulfil all the roles, working both in – and on – the business. However, if all goes well, the excitement of getting...

Tools to run your business from anywhere

As a modern accountancy practice; we believe wherever possible, businesses should be set up to run from anywhere, without the constraints of being tied to a physical location. Obviously, this is not going to be applicable to every industry, but for those that can...

Why should my business use accounting software?

There are lots of software options available online, for example, Xero, QuickBooks, FreeAgent and FreshBooks to name but a few, but what advantages do they provide for your business compared to more traditional accounting packages such as desktop versions of Sage?...

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