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Accounting Advice
Understanding Key Financial Terms
15 Feb 2017
Small businesses must fully acknowledge items such as Gross Profit, Net Profit and EBITDA to fully understand how they performed. In this article we explain them to ensure that you understand what is being referred to when reviewing your business year…
Accounting Advice
Why online accounting works for startups
12 Jul 2016
Online accounting could be just the ticket for cash-strapped, time-poor startups.
Accounting Advice
Don’t get caught out by expenses: The perks you can’t put on the business
29 Apr 2016
One of the perks of having your own business is being able to make expense claims. But don't be caught out on expenses you can't claim. Be sure to check our list before you do:
Accounting Advice
The four main reporting obligations for limited companies
26 Apr 2016
Whether starting up or scaling up, there are a number of mandatory (and time sensitive) reporting obligations that all small businesses need to be aware of.
Accounting Advice
What's the best cloud accounting software for small businesses?
24 Mar 2016
Small businesses in the UK have a growing range of cloud accounting software to choose from. We take a look at three of the best.
Accounting Advice
Does size matter when choosing a small business accountant?
07 Oct 2015
There are more than 30,000 accountants in England alone, and most of them are in fact pretty small. Find out whether size matters here.
Accounting Advice
The dangers of creative accountancy
24 Jul 2015
Tax avoidance and evasion have been in the spotlight over the last few months. Accountants, sometimes seen as aiders and abettors to the wealthy elite, are coming under fire. How should they act when mixed signals over how to interpret legislation can leave them without direction?
Accounting Advice
8 signs you've got a bad accountant
29 Sep 2014
Do you think you might be working with a bad accountant? Here's what you need to look out for...
Accounting Advice
Finding the right small business accountant
23 Dec 2013
When deciding which accountant to take with you on your entrepreneurial journey there are two main things to consider before choosing. Should your travelling companion sit quietly in the passenger seat (endlessly re-counting the parking money) or would you like a bit more conversation along the way?
Accounting Advice
Understanding cash flow statements
07 Aug 2013
The cash flow statement is the thing that connects the Profit and Loss statement to the balance sheet. It's extremely helpful and much neglected by small businesses and accountants alike.
Accounting Advice
Annual Insight report: what you get
25 Jul 2013
Every year at the same time as your statutory accounts are being prepared, we prepare a Commercial Insight report, with actionable commercial guidance to help increase profitability and growth.
Accounting Advice
Have you got your P60s in order?
10 May 2017
If your small business employees staff you will need to give them P60s by 31st May. Here's why.
Accounting Advice
Why accountants should have their heads in the cloud
20 Jul 2016
Cloud accounting offers a number of valuable benefits for small business accountants and their clients. Here's why accountants should have their heads in the cloud.
Accounting Advice
FRS 105: what does it mean for small businesses?
09 May 2016
With a number of new financial reporting standards introduced this year, what does FRS 105 mean for small businesses?
Accounting Advice
Are you ready for abridged accounts?
27 Apr 2016
Abbreviated accounts will soon be a thing of the past - is your small business ready for abridged accounts?
Accounting Advice
The top 5 Xero add-ons for small businesses
31 Mar 2016
There are hundreds of add-ons that integrate with Xero, but these are our top five recommendations for small businesses, contractors and freelancers in the UK.
Accounting Advice
What's the best approach to small business accounting?
15 Oct 2015
Broadly, there are three options available to small businesses when thinking about how to set up their small business accounting processes. We explore the three most common methods.
Accounting Advice
Six solutions for small businesses with cash flow problems
13 Aug 2015
Small business often run short of cash when customers don't pay as quickly as they should and marketing campaigns take time to work. We examine six solutions to help solve short term cash flow problems.
Accounting Advice
How Gordon Ramsay's £9m loss can help you understand your company's P and L
02 Jan 2015
In 2013 Kavalake, the holding company of Gordon Ramsay’s restaurants, turned over a total amount just shy of £45million; £44,801,000 to be precise. However, after the cost of sales, administrative expenses and operating costs were deducted the company overall was left with a pre-tax profit of just £2.7million; or at least it should have been…
Accounting Advice
What makes a good London Accountant?
23 Dec 2013
In a city where accountants are in abundance how do you know what makes a good London accountant and what makes a bad one?
Accounting Advice
How to read the balance sheet
07 Aug 2013
The balance sheet is not known for its user friendliness. We'll help you see the wood from the trees.
Accounting Advice
How to read company accounts
07 Aug 2013
For the uninitiated, trying in interpret a set of statutory accounts can be tricky. This is our guide to understanding them.