Get quick accounting wins for your fashion business during challenging times
Fashion can be a tough business to be in at the best of times. Long seasonal cycles means time is largely spent planning ahead. Orders have to be in ahead of the season, and the cost of samples, manufacturing and marketing have to be covered early. Alongside the...
How can I make it easier for people to pay me (and fast)?
Setting up multiple payment methods in Xero is a major quick win. Offering different payment methods makes it easier for people to pay you, and it’s actually really easy to do using Xero online payment services. Getting paid fast can really help put a business...
How to use Postponed VAT Accounting to manage import VAT from 1 January 2021
So we’re here – the Brexit transition period has ended. As of 1 January 2021 there are changes to how you have to account for import VAT. This means any UK VAT-registered business that imports goods into the UK from anywhere in the world will need to adapt to a...
How do I know if my business is performing well financially?
In order to make the kind of decisions that will enable you to grow month on month, year on year – you need to know how well your business is performing. It’s awfully hard to make a sound decision when you don’t have anything to base it on, isn’t it? That’s why...Follow Starfish Accounting
