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...
Dividends explained properly can help company directors understand how to pay themselves from company profits without creating unnecessary tax or paperwork problems. If you run a limited company, dividends can be part of how you reward yourself, but they only apply in...
A personal tax return is how you tell HMRC about income, gains and tax that may not already have been dealt with through PAYE or other deductions. If you are self-employed, receive rental income, take dividends, sell assets or have more complex tax affairs, you may...
There is a lot to be said for Artists and Businesses working together Today's topic is about artists and businesses working together. Let me share three tips about how to get the best out of that working relationship Artists working with business doesn't seem like a...
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...
Working together with others on your business is good for your well-being, growth and bottom line. Don't forget that making money separates a hobby from a business. In this week’s episode of ‘l Hate Numbers’ I share four reasons why you should work with others. This...
You may be thinking, Do KPIs mater? Absolutely, they are a big deal. If you are in business, you need to understand what is going on. This week's episode is about measuring your performance, making judgements, and getting opinions. From the cradle to the grave we...
Building Your Business Growth Road Map is highly recommended in any business situation. This could for business growth, pivoting, or sustainability. William Hurley said this about ideas. Ideas are cheap, It is building them into profitable companies that is hard...
Value Added Tax can feel confusing, technical, and slightly intimidating. However, if we run a business, VAT can affect our pricing, cash flow, records, customers, and profit. It is not just a tax issue. It is a business finance issue. In this episode, we...
The Risks of Self-Employment is sometimes ignored. Freedom is something that everyone looks forward to when self-employed. More time for yourself, live life on your own terms. However, just like the business and financial risks, there are personal and lifestyle risks...
Being your own boss has a good ring to it, but there are Risks of self-employment. Making that transition to being self-employed is what millions dream about. It's filled with excitement, nerves, and a whole host of other emotions. I still remember clearly making that...
The MCP approach to business growth is a great philosophy. What's your business future look like, good, bad or is the jury out? Whatever your outlook, you cannot afford to stand and be swept away by inaction. In this episode of ‘I Hate Numbers’ I talk about looking...
About this episode Tax is not always convenient, but it is part of running a self-employed business. The structure we choose can affect how much tax we pay, when we pay it, how we take money from the business, and how much flexibility we have for future planning. In...
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...
Budgets are your business financial story. Budgets convert your business story and action plan into financial terms. Check out my previous podcast which talks about why your business plan is a smart way to map out your future story. Budgets is this weeks episode of...
“If you fail to plan, you are planning to fail” - Benjamin Franklin. That saying applies perfectly to business planning, or as I like to see it, planning your business journey. In this episode of ‘I Hate Numbers’ I am going to be talking about Planning your Business...
In this podcast I talk about the steps required in regards to migration to cloud accounting. Last week’s episode talked about how cloud accounting connects you more easily to your numbers. Likewise helping navigate your business present and future with ease. “There is...
Recording and capturing your numbers is a must do if you want to take your business seriously. Last week’s podcast looked at the how bookkeeping gives life to your financial and business activities – and helps you make money. In this episode of ‘I Hate Numbers’ I am...
Today’s episode of I Hate Numbers is about Bookkeeping: Your business words. Travel back to Ancient Mesopotamia, Babylon, Assyria & Sumeria and you will see they have got their bookkeeping & accounting sorted. Documents from ancient Mesopotamia show lists of...
The break-even point is the financial milestone your business reaches when sales cover all costs, with no profit and no loss. Before we can build stronger profit, we need to know the sales level that keeps the business standing still. Understanding break-even helps...
Welcome to today’s episode of I Hate Numbers. Knowing your costs makes you money, a statement of the obvious perhaps. Certainly with statements of the obvious we sometimes forget business basics. In this podcast episode I am going to take a real cool way to look at...
About this episode What is profit, and why does it matter beyond sales? Sales can feel exciting. A new customer, a paid invoice, or a busy week can make a business look healthy from the outside. However, sales alone do not tell the full story. We look at profit in...
Creating your cash future, the theme of today’s episode of I Hate Numbers. Firstly when you are in the eye of a financial storm what’s the one major thing that’s going to get your business through it? That one thing, that protection, comfort blanket, and financial...
Welcome to today’s episode of I Hate Numbers, talking about The language of accounting. Today we’re going to have a peek at some of the language that Accounts, and Finance people use. It can be an alien language if you are a stranger in the Number’s world. I am...
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