What is turnover
Your business ‘turnover’ is not your ‘profit’, though often we find the two can be confused. ‘What is turnover?’ is one of those questions candidates get asked on Dragons Den, and many business owners on the show get muddled trying to explain it. We get why! It’s...
5 Top Tips to Get the Most out of Xero
If you are using Xero you will probably have heard that this is the market leading cloud accounting software in the UK. You may be expecting minor miracles, where everything is easy to do straight out of the box. You should have immediately seen improved visibility...
What are the pros and cons of using Receipt Bank?
There are now thousands of digital apps designed to make all the financial stuff you hate a heck of a lot easier. You’ve probably seen the adverts on TV about digital accounting. Some actor or other waving a mobile phone at you, telling you you should stop spending...
What Are the Best Apps for Professional Services
We hear a lot about app stacks when we go to cloud accounting conferences – but what is an app stack? Really it is looking at what combination of apps will give you the best functionality to make it easier for you to run your business well. As accountants we...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...Follow Starfish Accounting
