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 Admin | 13th November 2011 | Self assessment, Sole trader
Many thanks to Tammy Furey of Furey Coaching for this week’s excellent blog post. ’tis the season to be terrified, tra la la la la la la la la. In the UK, as we rocket towards the end of the month, the self assessment tax return deadline looms like a spectre on...
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...
by Georgi Rollings | 10th September 2011 | Accounting, Bookkeeping, Limited company, Self assessment, Sole trader, Start ups
Understanding your financial position is vitally important in giving your business the best possible chance of success. If you don’t have an accountant then its even more important that you are on top of your numbers. This week I’m therefore going to give...
by Georgi Rollings | 27th August 2011 | Accounting, Sole trader, Start ups
Once your business is up and running, or ideally even sooner, you need to start thinking about a budget. If you don’t have a budget, you won’t know whether you have enough available cash to support your business until you start making profits, and until...