According to Forbes, 9 out of 10 startups fail. It’s never been easy to start a business from scratch, but it’s especially difficult to do so now, as the internet and globalization have burdened small businesses with an unprecedented amount of competition. To succeed, a small … [Read more...]
Advanced Accounting Mistakes and How to Avoid Them
Accounting mistakes are common amongst those who manage their own finances. Accounting is a complex role, so without formal training, it would be unwise to expect yourself to be able to deal with every financial conundrum that comes your way. Previously, I’ve talked about some … [Read more...]
5 Undeniable Signs It’s Time to Hire a Small Business Accountant
When you first start out in business, it can be tempting to go it alone. You’re self-employed, independent and ready to make your fortune. But, setting off without a steady hand on the rudder can soon see your company dreams dashed upon the rocks. Most of the time, small business … [Read more...]
Why Online Accounting Works For Startups
All businesses in the UK, incorporated or not, have statutory reporting obligations that they must fulfil. As a result, anyone trading in the UK will need to invest some of their resources, human, financial or both, to make sure they remain compliant with the applicable … [Read more...]
Easily Avoidable Accounting Mistakes That Could Cost You Thousands
Accounting a complicated and vital component of the business machine — the core around which everything else operates. You cannot run a successful business without having a strong grasp of your finances. Accounting mistakes, however, are all too easily made. Many small … [Read more...]
