by Lisa Dickson | Nov 10, 2015 | Bookkeeping 101, Small Business Accounts
Claiming for fuel – how good record keeping can save you money. When and how can you claim for fuel costs in your business? If you are driving a company car, it’s likely that the fuel costs are covered by your company and you are paying a taxable benefit...
by Lisa Dickson | Nov 10, 2015 | Bookkeeping 101, Small Business Accounts
What are accruals? It has been a long-accepted accounting principle that revenue and costs should be recognised as they are earned or accrued, rather than when their cash value is received or paid. Income and expenditure should be matched with one another where...
by Lisa Dickson | Nov 10, 2015 | Business Advice
The difference between Goals and Objectives A goal is a general statement, a broad outline, it’s open ended and helps set the scene. For example, ‘I want to earn more money this year’ Well, earning a £1 more than last year achieves that goal so it’s not going to...
by Lisa Dickson | Nov 10, 2015 | Business Management 101
Turning Objectives into Actions An ounce of action is worth a ton of theory. Ralph Waldo Emerson We have set our goals and turned them into objectives. Now we need to work out what actions we need to take, and who is going to take them in order to achieve our...
by Lisa Dickson | Nov 10, 2015 | Accounting 101, Business Management 101, Small Business Accounts
A guide to overcoming your businesses cashflow problems and tackling late payment. More than any other factor, a business is defined by the balance between the money coming in and the money going out over any period of time. Ideally, the scales should be tipped in...
