Balancing your business finances is crucial if you want to ensure that your business is in good financial health and to make it easier to assess your finances quickly and easily. Not only this but balancing your finances can help you to determine whether this is the right time...
When you first set up a small business, you tend to be focused on very broad aspects of your brand and company. You’ll focus on product development, product design, market research, advertising, and marketing. This, of course, can be a steep learning curve and you’re bound to have to...
We were once described – by a French revolutionary – as a ‘nation of shopkeepers’. Today, we’re fast becoming a nation of business owners. Figures from the Centre for Entrepreneurs show that almost 660,000 new businesses were set up in 2016, up more than 50,000 on the previous year. The...
For many people, the word “accounting” is a dreaded one. If you’re trying to balance the finances of both your personal and professional life, you can quite easily get overwhelmed in trying to keep track of all the statements, bills, receipts, and other paperwork related to your finances. There...
Every business function can be streamlined with new types of software. Accounting is one of the professions that has been most influenced by new types of software. QuickBooks is one of the most famous software products in the world. This type of accounting software has been used in almost every...
Do you know the difference between bookkeeping and accounting? All too often, people use the term interchangeable due to the assumption that they are the same process. Whilst bookkeeping and accounting may share a few similarities, they are both individual processes that contribute to the management of a company...