Introduction to Budgeting and Its Advantages Successful businesses know that budgeting is good for business. Budgeting allows a company to plan ahead for the future and allocate resources accordingly. It is a valuable tool for managing cash flow, identifying areas of...
In the dynamic realm of business, the significance of bookkeeping goes beyond mundane numbers. It serves as the compass guiding your business toward success. Let's delve into the transformative potential of proficient bookkeeping and how it can propel your business...
Business Debt Pros and Cons is the theme of this weeks vlog. In the dynamic world of business, a vast trove of information resides within the virtual realms of the internet. However, within this treasure trove comes a challenge, a challenge for us all. The plethora...
As employers, we have a crucial responsibility towards our staff, particularly when it comes to holiday pay. In this video, we'll explore why honouring these obligations is essential for both legal compliance and good business practices. What is Holiday Pay and Who is...
Welcome to this week's "I Hate Numbers" video, where we'll delve into Maximising Your UK State Pension. Our focus will be on national insurance contributions and their link to the UK state pension. Additionally, we'll share valuable tips on how to supplement and...
Introduction: Management report structure, the basis of your financial story. Your financial story provides valuable insights into your businesses financial and non-financial performance. To create a meaningful and impactful report, it is essential to consider...
Running your business requires many things, effective management reports are part of that list. One of your goals may be to solve your clients’ problems, have a motivated team and make money. But, just like any organisation, you need to keep an eye on the business...
Making changes to your business systems can be a daunting task, especially when it comes to finances. Whether you're introducing a new financial system for the first time or updating an existing one, there are six key things to keep in mind to ensure a successful...
Running a business is all about making profits, which means managing reducing your business costs is critical to success. While this might seem challenging, there are effective ways through which you can significantly reduce your expenses and increase your bottom...
Knowing how to streamline your business expenses is essential for the success of any business. By implementing cost reduction strategies and streamlining expenses, you can improve your cash flow and bolster your business's financial health. In this vlog, I will...
Introduction Running a successful business means you need to monitor and review your business activities, not just offer great products or services. It involves regularly reviewing and monitoring various aspects of your business, plus your financial activities....
Every business owner dreams of success, but many struggle to achieve it because of poor business planning. In today's fast-paced and ever-changing business environment, effective planning is more important than ever. Here are some of the main reasons why businesses...
Understanding Asset Locks A Community Interest Asset Lock is a legal restriction used to safeguard its assets. It ensures that these assets are used for the benefit of the community, rather than for personal gain. Asset locks play a crucial role in maintaining the...
In recent years, social enterprise has gained significant traction in the UK. Additionally Understanding UK Social Enterprise is step forward. Moreover this is a powerful business model combining profit-making with social impact. Social Enterprises address social...
Are you ready to explore the incredible world of Social Enterprises in the United Kingdom? Join us on a thrilling journey as we uncover their astonishing growth, with £60 billion contributed to the economy and over 2 million people...
When it comes to choosing a business structure in the United Kingdom, limited companies offer a range of advantages that make them an appealing option for entrepreneurs. This video will delve into the benefits of being a limited company, emphasizing its flexibility...
Starting a business in the United Kingdom can be a daunting task, but choosing the right business structure can make a big difference. If you're considering a limited company (LLC), here are some advantages you don't want to miss: Simplified Process and...
For aspiring entrepreneurs in the United Kingdom, there are advantages of being a sole trader. This business model provides flexibility, simplicity, and a range of benefits that make it an attractive choice. In this vlog , I explore the advantages of being a sole...
In this episode of the "I Hate Numbers" podcast, we explore The Benefits of Operating as a Sole Trader for your business. While limited companies have their perks, operating as a sole trader can offer flexibility, autonomy, and ease of set-up. Listen to learn...
Tax avoidance versus tax evasion, they seem similar but they are different. While tax avoidance is legal, tax evasion is not. In this weeks vlog I compare and contrast Tax avoidance tax evasion. Furthermore i will share examples, who doesn't love examples. Tax...
Is there a difference between tax avoidance and evasion? Does it matter? They may seem similar, but they are different concepts with different implications. In this week's I Hate Numbers podcast I look at the difference between tax avoidance and tax...
Filing taxes in the UK is a mandatory legal requirement for any individual, business or organization that meets certain criteria. While you may be tempted to put it off until the deadline, there are numerous benefits to filing your tax return early for...
Stress & Anxiety In Business May is Mental Health Awareness Month so here at I Hate Numbers we just wanted to remind everyone to spare a moment and consider if you are dealing with your stress & anxiety & how it impacts in the workplace. In today's...
Responsibility Center KPIs (Key Performance Indicators) go hand in hand. Just like Gin and Tonic, Horse and Carriage, Pizza and Pineapple!. Managing a business requires constant monitoring and analysis of financial data to ensure optimal performance. Measuring...