This blog and video looks at New Capital Gains rules for UK property, and how they affect you. Death and taxes, the two certainties in life, we can’t plan and control the first event, taxes are a different story. If you are a UK resident or non UK resident thus...
How the 2021 Budget affects your business. Whether you are self-employed or running a company, there is something in here that will help answer your questions. Listen to find out more! Rishi Sunak, the Chancellor has spoken and presented his 2021 Budget. I know it can...
How you calculate your pricing rates How you calculate your pricing rates is vital for your business. Why should that be so? Firstly, it helps you achieve your goals. Secondly, it sends a message to your clients about you and your business. Above all, your pricing...
How much you should charge for your services is a very common question. Spoiler alert, no one answer but we are here to help you figure it out for your business. Keeping tracking of your margin vs markup difference is a valuable way to inform how you are pricing...
Your gross profit and business decisions There are so many needed, powerful and insightful business decisions you need to make. You can’t do that unless you know some key financial numbers. Gross profit is one of them. What sort of decisions, let’s list a...
In this blog we are going to look at What gross profit means for your business. Your business journey map must have profit as a destination point, . If your destination is set for sales alone, then change your route or abandon your journey, it’ll end in tears...
Why Working Capital is important for your business is episode 52 of I Hate Numbers podcast. The podcast is part of my mission to help you get closer to your numbers, to appreciate the power of what those numbers can do. Improve your money mindset, help you make more...
Most importantly you need to understand the components involved with business activity and breaking even. But how do you find out what your business requires to break even? What's break even? To clarify your business breaks even when your sales cover all your costs,...
How to diagnose business failure is episode 51 of I Hate Numbers podcast. The podcast is part of a wider mission. It's to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, in last week’s episode we...
What is management accounting? Firstly, before we look at why your should use Management Accounting for your Business, let's understand what it is. Most importantly financial issues impact our working and personal lives. Knowing your numbers is important for all...
Why your business may fail is episode 50 of I Hate Numbers podcast. The podcast is part of my mission to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, the motivation behind the choice of topic. ...
What is profit? There are several important elements that make up your business story, some more important than, some less important than others. However, I think it would be safe to say that ‘profit’ is one of if not the most important element. Without profit where...
What is your profit for tax is this week’s I Hate Numbers podcast theme. Last week we looked at how you should budget for your tax bill. Firstly, your money in your bank account is not the same as your tax profit. Secondly, your accounting profit is not the same as...
How you should budget for your tax bill is this week’s podcast theme. If you are self-employed, a freelancer, run your own business then you have responsibility for your own taxes. You do not have an employer who takes care of that for you. When you are...