Finance is a huge part of small business ownership, so this is everything you need to know about being your own accountant.
As a business owner, you’re accustomed to making key decisions daily. But one query that may not have crossed your radar yet is – should your business have a savings account? Should a Business Have a Savings Account? A business savings account is a type of bank account that allows companies to store their extra […]
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As a small business owner, understanding the financial health of your company is essential for making informed decisions and achieving long-term success. Detecting financial trends and patterns in management accounts can help you grow the successful parts of your business, and cutoff the parts that aren’t profitable. The most powerful tool at your disposal are […]
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The Language of Management Accounts Numbers speak a language of their own, and for professionals in the world of accountancy, decoding this language is a crucial skill in reading management accounts effectively. In the realm of management accounting, the ability to effectively read and analyse management accounts is paramount for making informed decisions and driving […]
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A Full Guide to Tax on Business Savings Managing finances effectively is essential for any business, and understanding the tax rules on business savings accounts is a crucial aspect of financial planning. In the United Kingdom, businesses must navigate the complexities of taxation when it comes to their savings. In this beginner’s guide, we will […]
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A Basic Guide to the Importance of Business Savings In today’s dynamic business environment, having a savings account is essential for the financial well-being and long-term success of any business. Whether you’re a startup or an established company, a business savings account provides a secure and practical way to manage your finances and plan for […]
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Introduction to UK Business Savings Accounts As a business owner, managing your finances efficiently is crucial for long-term success. One key aspect of financial management is finding the right savings account for your business. In the United Kingdom, there are various options available to businesses when it comes to savings accounts. In this comprehensive guide, […]
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Most people today have turned to entrepreneurship due to the freedom, flexibility, and satisfaction it offers. Even though most people would prefer starting businesses from scratch, some would also want to buy existing ones. But you need to know these 13 things to look out for when buying a business. This is because already existing […]
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Starting a business from scratch can be a challenging and time-consuming process. For some, the easier and more feasible option is to buy an existing business. So we have compiled a checklist for buying a business which assesses the risks and challenges you may face. Buying a business can be a great way to get […]
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