The 10 key money areas to consider in your first 10 months in business
Running your own business is often all about taking a leap of faith firmly out of your comfort zone. So what are the 10 key money areas to consider in your first 10 months in business? 1. Structure Should you set up as a sole trader or a limited company? This is one...Why use online accounting software?
Accountants are not exactly famous for being at the cutting edge of new technology. We are a cautious bunch, not fond of risk taking. And yet many of us are jumping onto the cloud bandwagon. We started to use Xero back in 2011 and haven’t looked back. So...Little and Often!
Today, I finally stopped procrastinating, and I defrosted the freezer. Its the first time its been defrosted, and we bought it a few years ago (don’t ask how many…). And defrosting it took a long time, and a lot of hard work. If only I hadn’t kept...What is turnover
What is turnover? This is always one of those questions people get asked on Dragons Den where they really ought to know the answer, but often don’t. I’ve found there is quite a bit of confusion around what turnover really is, and its an important one to...Avoid making expensive mistakes
It’s been increasingly obvious to me over the last year that there are a lot of Sole Traders who need some sort of support from an accountant, but aren’t yet at a stage where they can justify expensive accounting fees. Although my Sole Trader packages start at £35 +...Follow Starfish Accounting
