If you’re an entrepreneur, you’ll likely know the old adage, “Cash is king”. When setting up and running a small business, being knowledgeable regarding cash flow is vital to success. However, recent research suggests that not everyone is aware of…

The COVID-19 pandemic has had a profound impact on businesses worldwide, with many UK brands facing unprecedented challenges and, unfortunately, going into administration. While these failures are disheartening, they offer valuable lessons for small businesses. In this blog post, we…

Accounting is a vital aspect of running a small business, ensuring financial stability and growth. However, for many small business owners, accounting can be overwhelming and confusing. In this comprehensive guide, we will break down the essentials of accounting for…

The Spring Budget 2023 brought forth a series of announcements that will have a significant impact on small businesses and the self-employed. As the economic landscape continues to evolve, it is crucial for entrepreneurs and individuals in these sectors to…

The UK’s IR35 legislation has been a topic of discussion and concern for both employers and contractors alike. Introduced in 2000, IR35 aims to tackle tax avoidance by contractors who operate as ‘disguised employees.’ This blog post will delve into…