Budgeting GuideThis useful guide explains some of the thinking behind effective budgeting and provides a practical framework for how to implement budgeting in the arts and other business sectors.GET YOUR FREE Budgeting Guide By clicking submit you agree to ProActive...
Results for "break even" articles
Financial Awareness
Financial systems are needed to keep a track of where the money is going and where it is coming from.The purpose of this short guide is to provide an initial framework of understanding and we have used the lens of an arts organisation to illustrate this. This guide is...
Introduction to Tax
What is it?Taxation is a system created by a government (of a country) to generate income from its citizens. The main objective of it from the government’s perspective is to take the income received and provide services to citizens, expand or enhance infrastructure or...
Future Proof Your Arts Business
Do you run an arts business? Are you destined to hit financial disaster or will you survive and thrive? In the world of business, as in life, there is no cast-iron guarantee. Death and taxes are the exception to the rule. Future-proofing your business is a...
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...
Thrive in a pandemic
These are tricky times indeed. Although some businesses and sectors are thriving during the coronavirus pandemic, many small businesses and SMEs will be finding operating during the cornavirus pandemic very difficult, with cash being strapped, clients stopping work,...
Businesses & Covid-19
Lessons from businesses booming in Covid-19 is the topic of our blog today. So, you’ve heard it been said a thousand times, but these really are unprecedented times. Businesses are going bust, organisations are requiring support, workers are being furloughed, and the...
Knowing your costs makes you money
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...
Furloughing and Covid 19 money
This article on Furloughing and COVID 19 money was updated on 31-Oct-2020. Most importantly, furloughing is there to help those employers maintain a workforce. So, let's kick off with the meaning of furlough. A furlough is a temporary leave of employees due to...
Managing Cashflow
Do you struggle with cash flow management? Are you worried about your finances? Are you all in a tizz about costs and profits? We can help. Getting your cash flow in order is key to a successful business. To help you know your numbers, we’ve produced a handy guide to...
Knowing your costs make you money!
Above all, knowing your costs makes you money, a statement of the bleeding obvious perhaps. The thing with statements of the obvious is we sometimes forget the business basics. Certainly, you need to be serious about making money in your business, by money we mean...
Business plan: Final steps
Business plan: Final steps This blog looks at your Business plan:Final steps. Above all, it follows on from our previous blog where we mapped out the initial stages. Management To clarify, people reading your business plan need to be given an idea of why they should...
Make money in your business
Above all, a business is there to make money. It’s your primary responsibility. Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity. Some headline reasons for making profits include: No...
Credit Control
Have you ever wondered what TRUST has got in common with credit control? Furthermore, why is TRUST in business so important? “If people like you they’ll listen to you, but if they trust you, they’ll do business with you.” Zig Ziglar. As a matter of fact, the concept, idea and practice of TRUST is a […]
Tax-Free Benefits You & Employers
Tax-free benefits for you and your employees Certainly paying tax-free benefits to yourself and/or your employees is a great situation. Most importantly there is no tax or NIC to pay. In addition, your company can deduct the costs from business profits. Above all the benefit must be paid for. In other words, don’t provide the […]
Your Business Plan-5 Points
Your business plan plays a vital part in getting business success. Furthermore it not only helps you navigate an uncertain business landscape it can help reduce the risk of it all going wrong. First of all planning is a mindset approach to your business. It captures in words and numbers the results of clear thinking […]
Work Life Balance- Get Yours Right
Work life balance: Getting yours right Getting it right is key. Hi everyone, we hope you had a great Easter break & are refreshed and ready for the short business week. In today’s blog we’re adding a personal touch again and are sharing how we “rested and played” ( and Mahmood even managed to get […]
Employee Motivation
Employee motivation is highly important for the productivity and growth of any organisation. As a result employees who are motivated by managers show good efforts, get involved in critical processes and on the whole remain loyal to the organisation. Therefore employers should not overlook the power of motivation and should constantly try to boost the […]