Your money and your mental health are connected. As a result well-being has a direct impact on how you handle money in your business. Moreover, and in the same breath, worrying about money has a direct impact on your mental health. So your attitude to money is varied...
About this episode Cash keeps the lights on in business. Profit matters, but if cash runs out, the business can quickly feel under pressure. A cash flow forecast helps us see what money may come in, what money may go out, and what could be left in the bank each month....
Do you want to know how to Make your cashflow forecast with Microsoft Excel? Making your own cashflow forecast is easy with Microsoft Excel. You can use it for any business, big or small. It’s the world's leading spreadsheet and has been around since 1985. If you're...
Making your cashflow forecast is the most important financial and business task you can do in your business. Running a business is hard. But there’s one thing that will always derail your dreams, scupper your business, and have it collapsing around you - running out...
Do you want to know How to build your cashflow forecast? You might be thinking, "I don't need one of those. I'm not going out of business!" But if you're like most people, your business is constantly changing and growing. And when it does change or grow, that's the...
Cash is your financial priority, which is this weeks I Hate Numbers podcast. In previous weeks turnover and profits have been in the spotlight, this time Cash is taking centre stage. In this podcast I'm going to look at What cash is Why Cash is your financial...
Why cash is important for your business is this week's topic. In previous videos I've looked at turnover and profitability, but this time cash is in the spotlight. I will look at Why cash it is the key financial number in your business. What cash is Why cash is...
Last week I talked about turnover, this week it’s What are your business profits? Most people see profit as the difference between money in and money out. When people say money, they mean notes and coins, what's in their bank account. That sounds nice, and easy to...
Profit should be one of your main business goals, but What is profit in business, and why is it so important? Making profits should be one of your key financial and business goals. Profit is used to build sustainability, monitor, manage, and measure your performance....
What is turnover in business? Turnover is a popular term used in business. It’s the official terminology used in company accounts, the tax returns of self-employed & partnerships, and is common usage in the business world. In this week’s episode of I Hate...
My question to answer today is What turnover means in business. It doesn’t help you that there are different terms for turnover, for example revenue, sales, and takings. In this short blog-vlog I will Tell you what turnover is How to calculate it Why turnover is...
What are the risks of self employment? Great question. Risks and life go naturally together. It's as natural as ham and pineapple pizza gin and tonics and cheese pickle sandwiches. That's no different when you enter the world of business and you start working for...
How to deal with the risks of self-employment Risks are all around us, dealing with the risks of self-employment is no different. Are you working for yourself, are you thinking about becoming self-employed, and want to know how? As with any change in life there are...
Can you claim tax back for working at home? Have you had to work from home because of COVID? Would you like to know how you can claim tax relief and get extra cash into your pockets? Well, carry on listening to this this week I Hate Numbers podcast episode to find...
If you have not been able to go to work because of COVID, you can claim tax relief for working from home and get some extra cash. In this blog-vlog I will explain: How the tax relief works for employees working at home Who qualifies and how you can check How you claim...
If you submit a UK tax return and you owe more than a thousand pounds, then be aware of payments on account. Payments on account are a topic that is not properly talked about or understood, but it can catch out taxpayers. In this episode I am going to dive deep into...
Calling UK taxpayers, be aware of the self-assessment payments on account. If you are not prepared, then this will a nasty shock to your bank balance. As well as your stress levels! I have got you covered. I'm going to talk about: What the payment on account is How...
Self-employed and want to know more about the fifth Self-Employment grant? Most importantly, the fifth Self-Employment grant differs from previous grants. There’s an extra turnover test to see how much you can claim. This podcast looks at this, grant eligibility, what...
Have you heard about the fifth self-employed grant? The fifth self-employed grant is a government initiative helping people who are self-employed. It’s due to be paid out over the summer months, covering the periods between May 2021 and September 2021. Today’s vlog...
About this episode In this episode, we explain what a Community Interest Company is and how CICs can support social enterprises that want to make money while creating positive community impact. A CIC can be a useful structure for people who want to run a business with...
A Community Interest Company (CIC) fills the gap between social enterprise and traditional for-profit business. Furthermore, it's designed for those with an interest in solving social problems. Taking on public contracts as well as private ones. It gives you more...
When and how to complete form W-8BEN-E is a must for non-US tax resident entities earning money in the US. This week’s I Hate Numbers podcast follows on from last week. Last week I dealt with individuals and sole traders earning money from the US, who have income...
How to complete the W-8BEN-E form is not a party trick or something to impress your friends. It’s a must do if you're a non-US tax resident company, partnership or a charity receiving income from the United States. Do you want to stop 30% withholding tax from being...
Where you are not a US citizen and have money from the US is Why you need to complete form W8. This money could be from your clients, pension income, royalties, dividends, capital gains – you get the picture. Who must complete the W8 form? Most importantly, it...