accounting

time well done

Why do you feel like you’re running out of time

As a small business owner, you’re always juggling time, and it’s not unusual to wear a plethora of hats that each represent an important function of running your business. You’re the marketer, the networker, the critic, the boss and the employee. You’re HR and wellbeing, the training coordinator and the accountant – at times feeling …

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Management accounts

What Are Management Accounts, and Why do You Need Them?

Management accounts are monthly or quarterly financial reports. You might think your business is too small to worry about such things, but if you don’t have them, it’s a bit like driving in the dark without your lights on – you won’t see obstacles until you hit them head-on. Knowing your order book, how your …

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small business

New to Bookkeeping? This is What Every Small Business Should Know

Bookkeeping isn’t everyone’s cup of tea, but it is a vital component of running a small business. Starting out, when budgets are tight, the bookkeeper will probably be you. That’s why we thought it a good idea to run through some of the basics for you. Is there a difference between bookkeeping and accounting? Yes, …

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