Even though inflation has dropped a lot from its peak in October 2022 of 11.1 per cent, the highest rate in 40 years, it doesn’t mean prices are going down—they’re just rising more slowly.
Category: Business Advice
I’ve taken over the family business and our accounting needs modernising – how do I achieve this?
Taking the helm of the family business is an exciting time and an opportunity for you to put your stamp on its operations and future direction. Read More
Five key financial metrics your business should be tracking for financial health
When you set up your business, it’s important that you recognise the value of data, particularly financial data.
Incentivising sustainable business practices for SMEs
It’s Clean Air Day this week, so the focus of the business community is on adopting green practices to become more sustainable – but cost is always a concern.
Navigating pricing strategies in a cost-of-living crisis
Setting the optimal price for your products can be difficult to navigate.
Six simple ways to cut your business costs
The last few years have been challenging for many businesses across the UK. Between the aftereffects of Covid, inflation and issues with the supply chain, it has become increasingly difficult to make a profit.
Starting a new business? What you need to know
If you’re preparing to start your new venture, there are steps you need to take to make your launch as smooth as possible and comply with commercial law.
Getting ready for your financial audit
Facing your first financial audit can be intimidating, yet it is an essential task for many businesses.
What should you avoid when transitioning to Making Tax Digital for Income Tax Self-Assessment?
From April 2026, the Government’s Making Tax Digital (MTD) initiative will move to target self-employed individuals and landlords.
Is incorporation still the way to go for solid financial planning?
From a tax planning perspective, incorporation of a business into a limited company has long been considered the gold standard in business development and growth – but is this still the right move?