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Processing payroll is a time-consuming, complex and sometimes laborious task yet is crucial in any business with employees.

Whether you have 2 employees or 95, getting your payroll calculations correct is critical to both your company and your employees. For these reasons a lot of businesses choose to outsource their payroll.

However...

It seems to me Three Necessities For Small Business Growththat most small business owners number one priority and goal is growth. Everyone wants to grow their small business.

Buy why? Why do you want to grow your small business?

To make more money? To increase profits? To create jobs? To buy a...

I have recently had number of encounters with small business owners where they are doing their books themselves. Most of them focussed on two reasons for not hiring someone else to do the job; cost saving and keeping a close eye on the numbers.

Instead of saving money, this is costing...

Today’s labor market is the tightest in decades. And with millions of job openings across the nation, companies of all sizes are finding it difficult to attract and hang on to the talent they need. The quest for qualified staff is only expected to intensify going forward, leading experts to...

For thousands of years humans have wanted to know what the future has in store. The ancient Greeks had their stories about powerful Oracles that could divine what was to come. Fortunetellers have plied their trade throughout the centuries to kings, noblemen and the common folk alike.

Everyone wants to know...

One of our clients asked me today if they still needed to be VAT registered. Their business has changed now they no longer have an employee to help them. So I took some time this morning to calculate whether they would be better off de-registering for VAT.

There are a number...

The new payroll year begins on 6 April 2019 and employers should be aware of the changes they will need to make.

Every April the minimum wage and living wage increase so employers will need to ensure that their employees are receiving at least the minimum hourly rate for their age....

The majority of businesses will need to provide their customers with an invoice for the goods they have bought or the services they have received. The only exception is likely to be retail businesses such as those selling online or on the High Street as their customers pay before they...

We’ve said it before, but it’s well worth repeating: cash flow is the lifeblood of every successful business. It’s often a lack of liquidity, in fact – rather than a shortage of sales – that prevents newer companies from growing. One way to keep your business afloat during a cash...

You have two choices when it comes to turning a bigger profit: increase your revenue, or cut your expenses. As a rule, we have far more control over how much we spend than we do over how much we earn. Which is why the most successful small business owners utilize...