Running a business can take over your life, if you let it. But there are ways to control your work/life balance and become a more relaxed and stress-free entrepreneur. #worklifebalance #wellbeing #businesstips You’re passionate about your business. But what other...
When you first start out in business, having access to finance will be fundamental to your success. And being able to borrow funds, or attract investment, will be dependent on you having a good business credit score and a healthy credit profile as a business. But...
In today’s competitive employment landscape, a salary alone often isn’t enough to attract and retain top talent. That’s where benefits in kind (BIK) come in. These are non-cash remuneration provided by an employer to an employee in addition to their standard pay....
It’s easy to believe that a new stock system will be your time-saving hero—wave goodbye to chaos and hello to seamless stock control. And sometimes, that’s true. If you’re moving from spreadsheets, paper dockets, or a clunky legacy system, a good stock system can...
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ from cashflow? And why is cash...
For small business owners, the UK balance sheet is more than just an obligatory statement—it’s a critical document that clarifies your company’s short-term liquidity and long-term viability. In the UK format, the balance sheet typically follows a straightforward...
