Cash Based Accounting, have you heard of it? Tax rules change. They evolve. Sometimes, they even simplify our lives. In our previous blog post on cryptocurrencies, we explored how complicated HMRC regulations can get. We looked at the digital frontier and the tax...
Starting a business as a sole trader means lots of decisions to make and stuff to do. One of the first questions is whether to run the business as a sole trader to set up a partnership with others or whether to form a company How you operate your business determines...
Self-belief is crucial when it comes to succeeding in business. Undeniably, it can shape how we approach opportunities and challenges alike. Without confidence, even the best plans might falter because hesitation tends to slow progress. Thus, building...
Welcome to this week's episode of the I Hate Numbers Podcast, where we explore business success. We discuss what success means, how to achieve it, and common pitfalls to avoid. Notably, success differs for each of us; hence, defining it personally is...
In today's episode, we, as dedicated proponents of effective business practices, discuss the paramount significance of planning in the world of business. We firmly believe that planning serves as the compass that guides businesses through turbulent...
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...
Every business owner dreams of success, but many struggle to achieve it because of poor business planning. In today's fast-paced and ever-changing business environment, effective planning is more important than ever. Here are some of the main reasons why businesses...
Achieving business success is challenging journey, here I will show you Ways to achieve business success. With the right mindset and approach, you can turn your dreams into reality. Here are some tips on ways to achieve business success. Self-belief Self-belief is...
How to get business growth is the theme of this weeks vlog. See below, or sit back, grab some pop corn and watch the video to find out more. Talent needs application Having a talented team is essential for growing your business. But talent alone is not enough. You...
Procrastination is the bane of many businesses, causing missed deadlines, unfinished projects, and wasted time. However, procrastination isn't always bad. Sometimes, it can be a sign that you need to take a break and recharge your batteries. In this article, we'll...
Business turnover, also known as revenue or sales, refers to the financial value of goods and services sold. This weeks video looks at Firstly, what sales turnover is Secondly, how it's measured Thirdly, its strengths Lastly, why it is a vanity metric for financial...
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...
How to achieve your business targets is one of the most important goals you have set for yourself. Many of us understand the basics of setting up and running a successful business, however knowing how to reach our desired outcome can be quite tricky! The good news is...
Ready to start Producing a financial plan for your business. Do you want to get your business finances sorted and plan for success? Creating a financial plan doesn't have to be a slog, it's something that is enjoyable! In this vlog I break down the five key steps...
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...
A recession is a difficult time for any business, so knowing How your business deals with a recession is a vital part of your toolkit, It may be that your customers may have less money to spend, you may have to let staff go, and your bottom line may be...
Businesses are facing a cost of business crisis. This affects millions of business owners in the UK and around the world. Not in a good way. This is a crisis that's under reported, not widely discussed and very little financial support. However, it's something that...
Your business story needs words, it needs a narrative and that’s why bookkeeping is important for your business What is Bookkeeping? ‘Transactions’ is just another way of saying where you spend your money, when money leaves your bank account, and when money comes into...
About this episode Resources are vital for business growth and success, but resources are not just about money. They include people, equipment, systems, time, skills, reputation, working capital, and the ability to use those resources well. In this episode, we explain...
Early Bird Price: £299 Inc. VAT“Ideas are cheap. It is building them into profitable companies that is hard. Ideas are like insects. Many are born but few live to maturity.” -- William Hertling Imagine that business idea you have. Your business idea could be floating...
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...
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...
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...
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...