Overview: The End of the $800 De Minimis Threshold For nearly a decade, UK small businesses enjoyed a simplified process when shipping low-value goods to the United States. Orders under $800 (about £590) could enter the US duty-free with minimal customs formalities....
Whatever stage you’re at in the business journey, having an injection of additional working capital is always welcome. Being able to borrow money and take on managed debt in the business is what allows you to fund the next stage in your growth. But how does your...
Cost of Sales (sometimes called Cost of Goods Sold) is one of those metrics you’ll hear a lot when reviewing your operating costs and the overall profitability of your business model. But what does ‘Cost of Sales’ actually mean? And how does understanding this key...
Making good business decisions is easier to do when you have excellent information at your fingertips – and that’s the value of having great reporting at the heart of your startup. Any cloud accounting software worth its salt will offer you straightforward ways to run...
In a world where evolving political events can change the market in an instant, and economic instability is still the norm, finding certainty in your business strategy is a rarity. Business plans and your overriding strategy are no longer written in stone. This means...