In this episode of the I hate numbers podcast, we delve into the crucial topic of business debt. While some might view debt as a risky path, it's not always doom and gloom. We'll explore the ins and outs of business debt, when to consider it, and how to manage...
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...
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...
In this episode of the I Hate Numbers podcast, we'll explore six essential strategies to ensure a successful financial system change Identifying the Need for Change To start, it's crucial to identify the financial systems that require change or updating....
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....
In this episode of the I Hate Numbers podcast, we explore how planning can transform your business's future. Discover how planning reduces anxiety, empowers decision-making, and boosts profitability. Why Business Owners Overlook Planning Many business...
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...
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...
Responsibility Accounting Demystified: A Straightforward Guide to Success Responsibility accounting holds the key to better financial performance. It improves accountability and streamlines decision-making. Discover the essentials of responsibility accounting and how...
Responsibility Accounting: A Comprehensive Guide Responsibility Accounting is a powerful management tool. It holds decision-makers accountable for financial outcomes. This article takes a further look in an easy to understand way. Let's dive into what...
If you have a UK company , then you need to understand directors National Insurance. In this vlog I am going to explain Firstly, why UK directors are treated differently for National insurance Secondly, what National Insurance directors pay Lastly, the two methods of...
UK company directors are treated differently from other employees when it comes to National Insurance. This is because they are considered to be self-employed, even if they only work for one company. As a result, they have to pay National Insurance on...
Understanding the Role of National Insurance in Your UK State Pension is key to making informed decisions about your financial future. National Insurance is used to calculate your State Pension and affects how much you receive. Getting the full State Pension...
Gaining Financial Controls for your business can be difficult and often rather daunting. Moreover, having the right approach and finance controls in place is essential to keep ahead of any financial issues that may arise. This week’s podcast looks at...
Have you heard of cost plus pricing? Furthermore, do you know how to price your services and products? It can be tricky, especially when you're new to the game. One pricing method that can help is cost-plus pricing. In this post, we'll take a look at what cost-plus...
It's no secret that I know that financial planning is wonderful. Successful businesses require effective financial planning. But did you know that there are several other benefits to financial planning as well? In this podcast I'll look at some of the key...
As we all know, the economy is not doing so well, but I want to show you How to survive a recession and prosper There are things you can do to survive a recession and even prosper! In this blog post, I will share with you some tips on how to make it through these...
Are you a business owner looking to make the switch to cash basis accounting? The transition can be daunting, but it's worth it if you want to make the most of your profits. In this podcast I'll take a look at how traditional accounting compares to...
Many small businesses in the UK are Using the cash basis for tax. This is a simple and straightforward way of accounting for your business income and expenses. In this video I'll explain how to use the cash basis for tax and highlight some of the benefits it offers. ...
Self-employed tax returns can be daunting, but they don't have to be! This weeks I Hate Numbers podcast takes you through how to fill in your self-employed tax return for the year 21-22. I'll explain everything you need to know, so you can be confident...