In this weeks episode of “I hate numbers” my topic is ‘What do accountants do’? Five headline things that accountants do, spoiler alert, money features amongst that. Making money Making money is a big business goal, if you want to move from hobby business to something more. When we talk money, we mean cash in the...
Dividends is this week’s topic of I Hate Numbers. In this podcast I am going to chat to you about the whys and what of dividends, plus the correct and legal way to pay yourself with dividends Paying yourself If you are your own boss, there are two main business structures that you can have....
In this week’s episode of ‘l Hate Numbers’ I am looking at Personal tax returns. More specifically the personal tax returns you need to complete in the United Kingdom. Background Every year the tax office, shorthand HMRC want individual taxpayers to tell them what’s been going. The principle is called self-assessment, where you tell HMRC what...
There is a lot to be said for Artists and Businesses working together Today’s topic is about artists and businesses working together. Let me share three tips about how to get the best out of that working relationship Artists working with business doesn’t seem like a particularly good match. However, artists and businesses have a lot more in...
What has Planning your Arts Event got to do with business? Well, arts and businesses share a lot in common. There are differences, but also common ground between artists and private businesses. nevertheless. Artists are full of creativity and energy, delivering inspiring work for their audiences This is no different for your business, except you may use...
Working together with others on your business is good for your well being, growth and bottom line. Don’t forget that making money separates a hobby from a business. In this week’s episode of ‘l Hate Numbers’ I share four reasons why you should work with others. This episode was inspired from building and launching our Business Growth...
You may be thinking, Do KPIs mater? Absolutely, they are a big deal. If you are in business, you need to understand what is going on. This week’s episode is about measuring your performance, making judgements, and getting opinions. From the cradle to the grave we make judgements, we express opinions, we tell people what we think,...
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 ideas. I like insects. Many are born, but few live to maturity. In this week’s episode of...
VAT or Value Added Tax is this week topic of I Hate Numbers. In the UK alone VAT raises £136.6 billion. This is approximately £4,800 for each household, 17% of the total UK tax take. The majority of countries have VAT or sales taxes, so VAT is a big deal. In this episode we are going to...
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 associated with self-employment. Now do bear with us here, we aren’t talking about risk to put people off self-employment. We just want you...
Being your own boss has a good ring to it, but there are Risks of self-employment. Making that transition to being self-employed is what millions dream about. It’s filled with excitement, nerves, and a whole host of other emotions. I still remember clearly making that transition over 25 years ago. It was good decision for me,...
How do you see your business future, optimistically, pessimistically, or is the jury out? Whatever your outlook, you cannot afford to stand and be swept away by inaction. In this episode of ‘I Hate Numbers’ I talk about looking at your business future in terms of growth and using the MCP approach to driving forward...
If you are self-employed, you are basically your own boss. This was the topic of my podcast last week. Check it out if it you haven’t had a chance to listen to it, or need a refresher In this episode of ‘I Hate Numbers’ I talk about tax and your self-employed business. I dive deeper...
When setting up a business one of the first considerations you will have to make is what business structure you should choose. The common options are whether to operate as a limited company, a sole trader, partnership, or a charity! In this episode of ‘I Hate Numbers’ I talk about the options available for choosing your...
Your Future Business Story, shorthand budget, translates and converts your business story and action plan into financial terms. Check out my previous podcast which talks about why your business plan is a smart way to map out your future story. In this episode of ‘I Hate Numbers’ I am going to be talking about developing,...
“If you fail to plan, you are planning to fail” – Benjamin Franklin. That saying applies perfectly to business planning, or as I like to see it, planning your business journey. In this episode of ‘I Hate Numbers’ I am going to be talking about Planning your Business Journey, how to turn your business dream...
“There is no such thing as luck. Luck is when opportunity meets preparation. Ice T “ In this podcast I talk about the steps required to migrate to Cloud Accounting. Last week’s episode talked about how Cloud Accounting connects you more easily to your numbers, navigating your business present & future with ease. Your mobile...
Recording and Capturing your Numbers is a must do if you want to take your Business seriously. Last week’s podcast looked at the how bookkeeping gives life to your financial and business activities – and helps you make money. In this episode of ‘I Hate Numbers’ I am going to look at the options for...
Welcome to today’s episode of I Hate Numbers where Bookkeeping is the topic. Travel back to Ancient Mesopotamia, Babylon, Assyria & Sumeria and you will see they have got their bookkeeping & accounting sorted. Documents from ancient Mesopotamia show lists of expenditures, & goods received & traded. Nearly 7,000 years later how records are kept has...
Welcome to today’s episode of I Hate Numbers where we talk about Break Even. Making profits is what your business should aim to do. The financial milestone before that is for you to break even. Knowing your break even gives you better business insights, greater accountability and helps you make more profit in your business....
Knowing Your Costs Make You Money Welcome to today’s episode of I Hate Numbers. Knowing your costs makes you money, a statement of the obvious perhaps. The thing with statements of the obvious is we sometimes forget the business basics. In this episode of ‘I Hate Numbers’ I am going to take a real cool way to...