Congratulations! You have successfully made it through the financial year 2016/2017. This is no easy feat, so make sure you take the time to celebrate your successes. And as soon as you have finished celebrating, we are here to make sure that this year is even more successful than the last.
In the world of finance the rules are ever changing. So, to start the new year off, we wanted to …
As a director, you may be in a position where you want/need to extract funds from the business. It is not dictated to you as to what you can use these funds on, but some of the more common reasons are for big purchases such as investing in another business or perhaps purchasing a home. These monies can be taken out of the company as salary or dividends, however this …
As a business owner you know how important it is to document all of your financial transactions and activities throughout the tax year.
Not only are you required by law to do this but keeping accurate figures enables you to monitor how well your business is performing over that year and apply any changes essential to boosting your business growth.
When you have …
Most micro businesses and entrepreneurs manage their finances using the time old tradition of spreadsheets because it seems the easiest solution when you’re building up your business, and to begin with it is.
If you’ve had your business for less than two years then you probably have a spread sheet that records incomings & outgoings …