Every business should know seven numbers; with these seven numbers, you can manage, measure, and drive your business forward. Let’s have a look at what they are 1) Revenue Growth What is it? – The amount that revenue has increased or decreased. How is it...
In recent years, many accountants have advised their director/shareholder clients that the most tax-efficient method of extracting profit from their family company was to pay themselves a low salary, at or around the £12,570 personal allowance, with the balance in...
There are three things that all clients want: More Freedom, More Time, or More Money. Depending on their current situation, they want one, two, or all of these things. Today, we look at seven ways to win back time. 1) Delegation When we were training occasionally, we...
Alondra de la Parra is a Mexican conductor known for her energetic style. But she is also a great role model for how to run your business. Imagine if she tried to play all the instruments herself. The performance would be terrible. No, instead, Alondra has a team of...
Most businesses are looking to grow – not all businesses, but most. There are three ways to grow your business, and the way to achieve growth is to focus only on these three things. But first – why do you want to grow? We suggest that you answer the...
Are you ready for the changes to tax periods for self-employed? The allocation of profits to tax years for the self-employed is undergoing a massive change in 2023/2024. The government suggests this is a change to ‘simplify’ the taxation process for the...