by Georgi Rollings | 16th September 2014 | Business Planning, Self assessment, Start ups
When you’re in business for yourself you have to change your mindset quite radically. You’re now responsible for your own future and you’re even more responsible when it comes to safeguarding the future of your family. When you work for somebody...
by Georgi Rollings | 12th August 2012 | Business Planning, Sole trader, Start ups, Women in business
One of the consistent themes I’ve found from talking to early stage businesses is that people don’t put a value on their time. An artist pricing their art worries about recovering the cost of materials, but doesn’t consider how many hours each piece...
by Georgi Rollings | 4th August 2012 | Accounting, Bookkeeping, Business Planning, Sole trader, Start ups
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...
by Georgi Rollings | 11th March 2012 | Bookkeeping, Business Planning, Company Structure, Limited company, Sole trader, Start ups
One of the things I love most about what I do is getting to see so many new businesses, all with fantastic ideas, just waiting for an opportunity to flourish. However on the flip side I get to see some pretty regular mistakes that a lot of people make which can cause...
by Georgi Rollings | 15th October 2011 | Accounting, Business Planning, Sole trader, Start ups
I was reminded this week just how important it is to have good visibility of your expected cash position. A friend updated their cash flow forecast and realised that they would be going overdrawn within a couple of months, and were able to get an overdraft agreed up...