The first Coronavirus furlough grant claim portal went live on Monday 20 April 2020. What does that mean for your business. Well, it means that if you have furloughed staff, you can claim that much needed grant money. We have submitted Furlough claims for all our...
Today’s episode of I Hate Numbers is about Bookkeeping: Your business words. 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...
The first Coronavirus employer grant claim portal went live on Monday 20 April 2020. This has been updated as of 31-Oct-2020 to reflect the fact that the November 2020 Furlough scheme will be in line with this. We've updated this article to reflect the new scheme. ...
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...
Firstly, your business cash story is a big deal. Secondly, it’s a big deal for business continuity, survival, and growth. This requires cash. Profits are what it’s ultimately about, but cash makes sure you get to do it. Sales are vanity, profits are sanity, cash is...
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...
Today's blog is about how to achieve calm amid the business storm. The business storm is due to the current Covid 19 situation, it could be something else. Firstly although it's worrying uncertain times at the moment, however like with all bad situations there will...
Welcome to another weekly episode of ‘I Hate Numbers’ where we look at The importance of profit, as well as what it is. The 'I Hate Numbers' podcast wants you to get acquainted with your best business friend. The friend that won’t lie to you, the friend that you...
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...
Creating your cash future, the theme of today’s episode of I Hate Numbers. Firstly when you are in the eye of a financial storm what’s the one major thing that’s going to get your business through it? That one thing, that protection, comfort blanket, and financial...
Welcome to today’s episode of I Hate Numbers, talking about The language of accounting. Today we’re going to have a peek at some of the language that Accounts, and Finance people use. It can be an alien language if you are a stranger in the Number’s world. I am...
You may have escaped hearing about COVID 19, and the affect on individuals and business – if you were living on Mars. In this blog we look at COVID 19 - Business cash flow. What is clear cut is that your businesses, are in the eye of a financial shit storm. It...
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
Most importantly learn how to help your business survive and thrive by understanding your numbers. Above all I really hate not getting paid on time without good reason. This episode is about what you can do to get paid on time. Why is getting paid on time important?...
One of the main reasons that businesses go under is because of the confusion between cash and profit. Which is more important? What really keeps the business going? Well, Profit is More Important than Sales Here’s an easy way to look at it. Serena decides to sell...
Learn how to help your business survive and thrive by understanding your numbers, and keep an eye on your business cash. The one thing you really need to keep an eye on is money in the bank. Why is cash so important? Cash is important and you need to Keep an eye on...
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...
If you’re serious about your business, you need to grab hold of your numbers, and connect with them. In This Episode How to have a better business, why people hate numbers and Giving energy back into your life.
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...
Writing your business plan Writing your business plan is a smart way to map out your future business story. Loads of businesses don’t bother writing one, and then again loads of businesses don’t survive and thrive. A good business plan focuses the mind, brings...
25th Business Birthday - Wow! So it’s my 25th Business Birthday. 25 years ago I started my business Pro Active Resolutions in my back bedroom. Certainly, time has flown and it has been a fantastic journey- which has seen a lot of changes. From as far back as I can...
Getting paid on time Getting paid on time and keeping business cash flowing is the most important thing to keep your business wheels rolling. It’s the life-blood of any business and you need it to survive, sustain, and grow. You need cash for a whole variety of...
Self Assessment Firstly, Self Assessment was introduced by the Inland Revenue (HMRC) in April 1996. Secondly, this tax system used to assess and collect Income and Capital Gains Tax. This vlog looks at How to prepare your tax return 21-22 Some important things to...
Xero: Two-Step Authentication gives an extra level of security and helps keep your Xero account safe