Social Enterprise and Community Interest Companies are a great way to do good and make money. They go together like a well fitted glove. Social Enterprise means business that wishes to do social good, be entrepreneurial, and make money. A Community Interest Company, or CICs for short is a great vehicle to run your social...
When and how to complete form W-8BEN-E is a must for non-US tax resident entities earning money in the US. This week’s I Hate Numbers podcast follows on from last week. Last week I dealt with individuals and sole traders earning money from the US, who have income from the U S. This week in...
Where you are not a US citizen and have money from the US is Why you need to complete form W8. This money could be from your clients, pension income, royalties, dividends, capital gains – you get the picture. Who must complete the W8 form? Most importantly, it applies to anyone who is not a U...
Do you want to know the Six steps to managing your cashflow ? Cash is the lifeblood of any company. It’s what pays for salaries, inventory, and everything else that keeps a business running smoothly Do you know how to manage your cashflow? This week on the I Hate Numbers podcast, we’re going to talk...
You may be thinking, “I’m a business owner. I don’t need to worry about How different is cash to profits? ” But it is important to understand the difference because they are not always interchangeable. Cash is what pays your bills, while profit is how much money you have leftover after paying those bills. If...
Why should you get your tax return in early? This week I Hate Numbers podcast is about Why you should get your tax return in early? Firstly, I am going to share with you the reasons as to why it is beneficial for you to send your tax return in earlier than the deadline. Secondly,...
Let me share Three ways to change your attitude to money. Moreover, in this podcast I will look at way you should change your attitude. This week I Hate Numbers is not the just about how you make that change, in addition it’s about why you need to change. Money is power, freedom, a cushion, the...
In this weeks podcast episode, I’m going to share with you seven tips that will help you increase the profits in your business. The first thing is absolutely critical and that’s having a good positive relationship with profit. Are you looking for ways to increase the profits in your business?You need to know what makes...
When should your business borrow money? And yes, there will be times when it’s good for your business to borrow. There will be times when it should be avoided. Planning, attitude, risk, and cost. These are the four things you need to consider when borrowing money for your business. This weeks episode of I Hate...
You might be wondering, Should you pay off your business debt early. I have a few thoughts on when to pay off debt, but first let us talk about the four factors that come into play. There are four factors I want to share with you in this weekly episode of I Hate Numbers. How...
There are many different business structures available, but What saves you the most tax?. Sole traders, partnerships, limited companies and more. Which one is best for your situation? In this episode of I Hate Numbers I’m going to look at What saves you the most tax? I will look at the difference between the different...
Do you want to start your own business? Don’t know How to decide which type of company is right for you? There are two types of companies that you can choose from when starting a business. Sole traders and limited companies. Both have their pros and cons. Understand your needs before making any decisions about which type...
What pricing strategy is right for your business is one of the most important questions and decisions you will face. Setting the right price for your product is an important part of running a successful business. It’s not just about how much to charge, but also what type of price to use. Your choice will...
Are you a self-employed individual, a freelancer or employer? Have you ever wondered what your tax and status situation is with your company? If so, this podcast is for you. Whether you are classed as self-employed or a worker has a major bearing on tax. Most importantly it affects how you are paid, and your obligations pertaining to...
How the 2021 Budget affects your business. Whether you are self-employed or running a company, there is something in here that will help answer your questions. Listen to find out more! Rishi Sunak, the Chancellor has spoken and presented his 2021 Budget. I know it can be hard to understand what this means for 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 is there to make you profit. Moreover, it goes towards building you a sustainable,...
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 few Break even. How much you need to sell to cover costs, meet your...
Why Working Capital is Important for Your Business is episode 52 of I Hate Numbers podcast. The podcast is part of my mission to help you get closer to your numbers, to appreciate the power of what those numbers can do. Improve your money mindset, help you make more profits, save taxes, and help you...
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 looked at one way of looking at business failure. Secondly, the words...
Why Your Business May Fail is episode 50 of I Hate Numbers podcast. The podcast is part of my mission to help your business improve your money mindset, get closer to your numbers, make profit, survive, and thrive. Firstly, the motivation behind the choice of topic. My business birthday of 26 years, birthdays are a period of...
What is your Profit for Tax is this week’s I Hate Numbers podcast theme. Last week we looked at how you should budget for your tax bill. Firstly, your money in your bank account is not the same as your tax profit. Secondly, your accounting profit is not the same as your tax profit. However, they are both...