Business New Year’s Resolutions

Posted on 19 Dec, 2012

New Year’s resolutions are not just for our personal lives. If we make them for our businesses, having thought carefully about what went right and what went wrong over the last year, they can help improve profitability and drive success in the future. Here are[...]

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Basics of Corporation Tax

Posted on 29 Nov, 2012

Calculation of corporation tax is not a process with which most entrepreneurs have significant experience. It is, nonetheless, important to understand a company’s obligations to pay this tax, and the different rates which apply to small and large businesses. Corporation tax is paid by almost all limited companies, and is assessed on the basis of […]

Why You Might Change Accountants

Posted on 24 Nov, 2012

If your business has a long-term relationship with an accountant, it is natural to resist the idea of change. It is always easier to retain already existing relationships and procedures than it is to try something new. There is no question, however, that as a business develops and grows, its financial and accounting requirements change […]

How to Spot a Business Problem Before it’s Too Late

Posted on 20 Nov, 2012

Many business problems are spotted only months after they first start to seriously affect a company’s prospects in the marketplace. By this time, any solution is generally expensive, and requires significant investment of time and effort by the business’ owners. Truly wise entrepreneurs invest a small fraction of that time into spotting issues before they […]

Managing vs Outsourcing Your Sales Ledger

Posted on 16 Nov, 2012

Sales ledger management is a business function which many small companies find difficult. The project management skills required to perform credit control functions adequately do not necessarily form part of the competencies required for entrepreneurs to start a business. For this reason, many start up companies choose to outsource their sales ledger, with the most […]

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