How to price using Target Costing How to price using Target Costing is this week’s podcast theme. Do you want to reduce your costs by 25% to 30%? If so, then target costing is the right choice for you. Above all How to price using Target Costing can help you cut...
Resource Analysis, and how to carry one out is this weeks topic. Let me show you how to do a resource analysis for your business? Firstly, Resource Analysis is the process of identifying and evaluating all the resources that are available to achieve an objective....
Undercapitalization and business failure go hand in hand. Just like Peaches and Cream, Gin and Tonic, Pineapple and Pizza. Undercapitalization is the main reason why many businesses become financial failures. In this week’s podcast I'm going to talk to you about...
Claiming back VAT on cars, do you want to get VAT back on your a car purchase? If you buy a car for business purposes, then the VAT is recoverable. But if HMRC thinks that it's not being used exclusively for business purposes, they will block your claim. In this...
National Insurance easily explained is to help self employed, employees and employer understand National insurance. In this weeks podcast I'm going to be talking about national insurance, NI for short. Specifically what it is why you pay how much you pay the planned...
What are your VAT responsibilities when your business becomes VAT registered? Do you know what they are when your business becomes VAT registered? You take on responsibilities as an unpaid tax collector working for HMRC. If you do not comply with these...
An Introduction to what VAT is, that is my topic in this weeks I Hate Numbers podcast. In this series of podcasts, I am going to look at what VAT is and how it affects your business. Are you a business owner and want to know more about VAT? What is it, how does it...
Do you struggle with Your mental health and money? You’re not alone. Millions of people are struggling with their mental health and money, but it doesn’t have to be that way. There is a solution! It’s not an uncommon feeling to feel overwhelmed by debt, anxiety,...
How you Build your cash flow with a spreadsheet I'm going to show you how you build your own cash flow forecast by tapping into the most powerful resource in your financial toolbox, the spreadsheet. In this week’s episode of I Hate Numbers I'm going to look at your...
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...
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...
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...
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...
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...