Latest News & Updates
Your attitude in your business
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
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
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...
Getting Paid on Time: Practical Steps to Protect Your Cash Flow
Getting paid on time is vital for business survival. Your customers are the main source of business cash, and without that cash, paying suppliers, staff, lenders and yourself becomes much harder. In this episode, we explain why late payments put pressure on your...
Get paid on time
Getting paid on time and getting it right - easier said than done… Firstly the vast majority of self employed individuals and businesses often face a delay in getting paid. From a financial perspective cash is king in the short, medium and long term. Therefore weak...
Cash flow is a big deal
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...
Cash flow or fail!
Cash flow or fail! Because money talks. And it is especially talkative when you don’t have any, nagging money worries keep people up all night and worried all day. Most of us have been broke at some point in our lives. Most people will have had to adopt certain...
Social Enterprises Are Businesses: Purpose, Profit and Legal Structure
Social enterprises are businesses with a clear social, environmental or community purpose. They trade, generate income, make surpluses and reinvest those surpluses to support their mission. If you are starting or running a social enterprise, you still need business...
Social Enterprises
How to kick start your Social Enterprise. What you need to know. What is a Social Enterprise? There are over 100,000 social enterprises throughout the country. Contributing £60 billion to the economy and employ two million people. Firstly, Social Enterprise, Charity,...
Choosing your accountant
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...
Choosing an accountant
How to choose your accountant is really important and something that ideally you need to take time looking into. Accountants don’t just punch numbers into a calculator there’s so much more to it than that. It may seem a bit daunting choosing your accountant, but in...
What do accountants do ?
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...
What does your accountant do?
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 Explained: What They Are, Why They Matter and How to Pay Them
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...
Accounting & the arts
Most people think that there’s not a lot in common between accounting and the arts. But the two do have something in common – money. Even artists have to eat, and to make a living as an artist, you have to make money. It’s not about winning million pound commissions...
Personal Tax Return Explained: Who Needs One, What to Include and Key Dates
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...
Developing fundraising ideas
Developing fundraising ideas in the arts world. Ideas and SWOT analysis Gather together ideas from all of your stakeholders. Include colleagues, volunteers, donors, partners, users, competitors and beneficiaries. For example brain storming (or if you prefer, thought...
Artists and businesses working together
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...
Artists working with businesses
Firstly, on the face of it you might not think that artists working with businesses is a good match, but they have a lot in common. And you might doubt whether they can work together effectively. But to dismiss artist and business partnerships would be to miss out on...
Planning Arts Events
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...
Arts and business – plan!
Arts and business – plan! Moreover, arts organisations are full of creative and energised people, who want to deliver inspiring work for their audiences. That is to say, they want to put on amazing events that will have people inspired. But that doesn’t mean they...
Working with others on your business
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...
Working together in business
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?...
Do KPIs matter?
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...
Key performance indicator’s
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...
Your Business Growth Road Map
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...
Have a successful business
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...
Value Added Tax and Your Business: Pricing, Registration and Profit
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...
What’s it like being self employed?
What’s it like being self employed? The reality, not the fiction. If you’re thinking of taking the plunge then have a real good think about it! When you are self employed you will at times feel like you’re spinning hundreds of plates on sticks. It can be really...
Personal & Lifestyle Risks of Self-Employment
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...