This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
How you calculate your pricing rates How you calculate your pricing rates is vital for your business. Why should that be so? Firstly, it helps you achieve your goals. Secondly, it sends a message to your clients about you and your business. Above all, your pricing...
Your gross profit and business decisions There are so many needed, powerful and insightful business decisions you need to make. You can’t do that unless you know some key financial numbers. Gross profit is one of them. What sort of decisions, let’s list a...
In this blog we are going to look at What gross profit means for your business. Your business journey map must have profit as a destination point, . If your destination is set for sales alone, then change your route or abandon your journey, it’ll end in tears...
How to diagnose business failure is episode 51 of I Hate Numbers podcast. The podcast is part of a wider mission. It's to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, in last week’s episode we...
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...
f you want your business to carry on, survive then and thrive learn to understand and keep an eye on your gross and profit. If you don’t do this then you are missing a trick, and your business can suffer and lose money
HMRC Debt Collection Powers: What They Can Do and How to Respond Introduction Running a business means managing tax as well as customers and staff. If tax goes unpaid, HMRC will act. In recent years, HMRC has strengthened its debt collection powers and invested in new...
Running a limited company means playing by the financial rules. One key rule is around dividends. Dividends must come from company profits. If you pay one without profits, it becomes an illegal dividend. In this blog, we explain the impact of Illegal dividend tax...
Want to provide Tax-Free Health and Welfare Benefits and reduce tax liabilities? Good news. You can do both. In this blog, we explore five tax-free health and welfare benefits. These benefits help your team and keep your payroll costs efficient. Even better, they...
Do You Own Property in the UK or Abroad? Are you a landlord with property in the UK? Do you also rent out property overseas? Then you’re running two separate property businesses. That’s right. HMRC sees UK and overseas property as different. They see them as a...
When it comes to claiming business-related costs, understanding which travel expenses HMRC allows can save you time, stress, and money. In this guide, we break down what counts, what doesn’t, and how to handle claims correctly. Understanding Travel Expenses Travel...
National Insurance rules for directors works differently compared to regular employees. It’s not just about when you’re paid — it’s how your pay is treated across the tax year. If you’re a company director, or manage payroll for one, understanding the rules can save...
You can Claim tax relief for work expenses online in 2025 If you spend money doing your job, don’t miss out on tax relief. You may be entitled to claim tax relief on work expenses, even if you have paid them yourself. If your employer hasn’t reimbursed you, then a...