Being in business is about selling a service or a product in order to make a profit. On paper it can look as though you are making a profit however your bank account could tell a very different story.
 
 When sales are invoiced they are recorded in your accounts as income but …

A good bookkeeper will give you peace of mind.
 As your business grows keeping a record of your financial transactions becomes more and more important but as it grows you will have less time to devote to this.
 For many business owners it is a difficult step to move from “doing it all” to paying someone else to do it. …

Its that time of year again when bookkeepers, payroll administrators and accountants are preparing P11ds for businesses who reimburse employee expenses or provide their employees with benefits. P11ds for the period 6th April 2015 to 5th April 2016 have to be submitted to HMRC by 6th July with any payment due being made by 22nd July. …

From 5 October 2015 large retailers must charge at least 5p for one-use carrier bags. A large retailer is a business with over 250 employees based in one or more branches. Smaller businesses can voluntarily charge for carrier bags. …

Following on from my blog post about bank charges there is another area of charges you should review. If you use a card terminal such as …