You know the legal requirements around producing accounts and submitting tax returns. But do you truly know WHY you've engaged an accountant

When you head up a limited company, there will come a time where one of your current shareholders wants to retire from the company.

Raw data describes the facts and figures that a business processes every day. It only becomes meaningful after context is added.

If you run your own business, it’s tempting to bring in your own family into the company. But it’s important to think it through.

When sales are slow, there are still overheads and salaries that need sorting. Pre-planning can help you weather tighter economic periods.

The post-Covid, globalised economy has created a number of challenges for the average business.

Business owners are no strangers to weighing risk and navigating uncertainty, but the current climate has dialled everything up.

Good bookkeeping is all about recording and matching your financial transactions.

If the rules around social functions are followed, staff events like your end-of-year party are tax- deductible for you.

Keeping the UK’s tax system running effectively and up to date with advances in technology is no easy task.

Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams.

One of your biggest areas of business expenditure will be buying the goods and services that are needed for the company to operate.

To trade as a business, you need to meet the right compliance requirements. It’s certainly not the most exciting part of creating a business

A good business idea is a good starting point. But without funding to provide the capital your business idea could be dead before it's begun

More than ever, cashflow is a vital part of staying afloat, whether your business is in recovery or growth mode.

When you dispose of a business, you want to do this in a way that maximises your return and keeps you as tax efficient as possible.

Running a business will always mean incurring certain expenses, or spend. There are always costs overheads and supplier bills that mount up

The purpose of a business is to make money, and that means you must know the difference between profit and cashflow.

Getting your head around the basics of bookkeeping, accounting and good financial practice may not come naturally to all business owners.

If you want to stabilise your finances and grow the business, working to strict budgets becomes a necessity.