This week's episode of, I hate numbers is talking about Buying your car through your business. Check out last week's episode where we talked about saving tax with company benefits. tax-free and trivial benefits What is a company car? This is a car bought by your...
Tax-free company benefits Today I'm going to talk about trivial benefits and Tax-free company benefits. Firstly, your business can pay your staff, and can pay yourself if you're an employee of your company. These are nice to have, no tax to pay, saves you some money,...
Today's topic is focused on one underused legitimate way of Saving tax with company benefits. Pay yourself and save personal and company tax. And yes, it's important as a business owner, you need to pay yourself. The conventional route to pay yourself is a blend of...
We've had new lockdown and tier restrictions, which means managing your cashflow during lockdown is blooming important. The financial support measures, such as the new Job Support Scheme, Job retention bonus, all needs to be factored in. If you don’t manage your cash...
If your business employs staff then COVID-19 has added more pressure, the Job Support Scheme and Planning is vital. You want to look after your employees and their welfare, but also the payment of those employees and the cash flow situation, that that creates when...
Welcome to episode 33 of 'I hate numbers'. Today's episode is "Why you need your business plan". In fact, every business needs a business plan. In this episode, I'm going to talk about why your business needs a plan and what should actually go into your business plan....
Planning is good for business, remember if you want your business to be successful get to grips with it. Don't think "Oh no!" and glaze your eyes over. You really do need to plan,so read on It's good for business We all know how 2020 has been overall a crap year....
Your attitude in your business, your attitude to your business is everything. Attitude is the theme of this week's I Hate Numbers podcast. In this week's podcast I look at what attitude is, and why it's such a big deal in your business. Business or hobby Firstly,...
The new Job Support Scheme (JSS), Furlough mark 2, was updated on 22 Oct 2020. It was met with pretty much universal delight and applause. For many, the updated Job Support Scheme is a good replacement of the current Furlough scheme. The Furlough scheme, modified...
How to take your business seriously Most importantly there is no magic bullet to make your business successful. Don't treat your business as a hobby, it's more than that. Run it, deal with it and approach it as a business. Business or hobby? Firstly, what’s a...
Collecting money from your customers is a big deal? Getting paid on time is a big deal. Because cash guarantees your survival week after week. No cash, no business. The lights will not be on, the door will not be open. This week’s episode of I Hate Numbers is all...
Cash flow is a big deal. Everybody wants their business to survive. Everybody wants their business to grow prosperously. Cash Flow is vital for your business. Without it, your business is on a one way trip to disaster. In this weeks podcast episode of 'I Hate...
Social Enterprises are pretty important businesses. There are over 100,000 social enterprises contributing £60 billion to the economy and employing two million people. In this weeks episode of ‘I Hate Numbers’ we look deeper into the what, how and form of a social...
Choosing your accountant is not an easy thing to do. It’s a really important decision, once you've made that commitment and decision, it's going to have a massive impact. How to choose your accountant is this week’s episode of I Hate Numbers. Not all accountants are...
In this weeks episode of “I hate numbers” my topic is ‘What do accountants do’? Five headline things that accountants do, spoiler alert, money features amongst that. Making money Making money is a big business goal, if you want to move from hobby business to something...
Most importantly, Tuesday 25 th August is the first LoveMyAccountantDay – and we’re excited to celebrate everything that accountants do. Many people find that they get overwhelmed with numbers. Likewise, businesses can struggle to get their head around them. That’s...
Dividends is this week’s topic of I Hate Numbers. In this podcast I am going to chat to you about the whys and what of dividends, plus the correct and legal way to pay yourself with dividends Paying yourself If you are your own boss, there are two main business...
What has Planning your Arts Event got to do with business? Well, arts and businesses share a lot in common. There are differences, but also common ground between artists and private businesses. nevertheless. Artists are full of creativity and energy, delivering...
Firstly, being part of a team matters – even for those of us used to flying solo. Secondly, when you are part of community and build connections you can facilitate business growth and success. Working together is beneficial for you and your business. So why is that?...
Key performance indicator's Most importantly, if you want your business to move forward, you need to really get to grips with KPIs, key performance indicators. Above all, key Performance Indicators refer to goals and measures that you put in place to make sure that...
So, what does having a successful business mean to you? That is a really important question to ask yourself when starting out, as if you don’t know where you want to go, it is very difficult to figure out how to get there. Most importantly, Business growth doesn’t...
Above all, when setting up a business one of the first considerations you will have to make is whether to operate as a Limited company vs sole trader. At its core, what this means is the distinction between you and your business. To clarify, a limited company...
When setting up a business one of the first considerations you will have to make is Choosing your best Business Structure. The common options are whether to operate as a limited company, a sole trader, partnership, or a charity! In this episode of ‘I Hate Numbers’ I...
These are tricky times indeed. Although some businesses and sectors are thriving during the coronavirus pandemic, many small businesses and SMEs will be finding operating during the cornavirus pandemic very difficult, with cash being strapped, clients stopping work,...