Just as individuals need to maintain good personal financial health, businesses must also regularly assess their financial well-being. A business’s financial health can mean the difference between prosperity and crisis, and identifying red flags early on is crucial when it comes to preventing minor issues turning into major problems. In this blog, we will explore … Financial Health Check: Identifying Red Flags in UK Business Finances
Most small business owners understand how crucial it is to manage their finances in order to operate successfully. A significant way to save money and stimulate growth for your business is to take advantage of the Employment Allowance. Here we explore the ins and outs of the Employment Allowance, and how it can benefit your business.
If your small business is ready to start taking card payments, you may be wondering which payment processors are the most suitable and if it’s best to hire or buy payment card readers. Whilst most offer the same basic function, it could be the detail in the feature, the hidden costs or the type of payment which help you make a final choice. Let’s explore some of the top card readers.
Understanding the differences between Flat Rate and Standard Rate VAT is important when you are considering going VAT registered, or if you are about to reach the VAT threshold where registration is mandatory. There’s no formula to say one is better than the other, but understanding how the Standard Rate VAT and the VAT Flat Rate Schemes work can help you weigh up which is right for your business, if you have the choice between the two.