Office Assistants

To keep a healthy cashflow, every business, whatever size, needs an efficient credit control system. Unless its procedures are followed faithfully, it might not be long before a financial crisis occurs. So what are good credit control procedures?

If your profits are £25,000 or more, you’d probably be much better off as a limited company than as a sole trader or a partnership. Experts believe that a sole trader who becomes a limited company can save up to 30p in the pound.

If you have been considering taking on your first employee, now would be a good time to do it. This is because you could take advantage of the new national insurance contributions rules that came into force on 6th April 2014.

In information released by the Crowd Funding Centre of The Social Foundation, during the first couple of months of 2014, £2.4 million has been raised through crowd funding in the UK.

Just as January 1st is a time when we might take stock of our personal lives and make our resolutions to do some things differently, so April 6th – start of a new financial year -  can be a time when we’ve taken a fresh look at our...

Nearly two thirds of all UK small and medium-sized businesses are not interested in exporting, according to the latest quarterly Close Brothers Business Barometer.

The issue of late payments continues to be a problem for many small businesses.

How would you fare if HMRC decided to come and inspect the records that back up your accounts, Essex bookkeepers Office Assistants ask? It states that it finds failings in nearly 50% of the businesses it investigates.

“Whatever money is needed, we will spend it,” the Prime Minister said recently. Welcome news if you are among the million or so businesses that the Environment Agency thought would be badly affected by the severe weather.

With 500,000 small businesses created last year, there are now about 4,900,000 in the UK. They make up 99% of the private sector and provide around 47% of jobs.