Changes to company car tax on electric vehicles As the motoring industry looks toward a greener future, a review of how Benefit In Kind (BIK) tax is levied has delivered welcome news for drivers of company cars. For the tax year 2020/21, changes to company car tax on electric vehicles indicate that drivers will pay no […]
What does a bookkeeper do? In this article, we are going to take a look at precisely what a bookkeeper does. Firstly, we should state that they do not keep books; instead, they keep a tight hold on financial records. At some point in time, financial records were kept in a huge book-like ledger, and […]
The Best Small Business Accounting Software If you’re self-employed or run a small business, the problem of accounting is always at the back of your mind. You have a legal duty to produce accounts, do payroll, and provide tax returns, but if you’re like most business owners, these tasks are outside of your expertise. You’re […]
Difference between Accounting and Bookkeeping Accounting and bookkeeping are key business functions and are often used interchangeably. However, these terms have different meanings and functions. While bookkeeping involves recording all the transactions in business, accounting provides the inspection of the final accounts. The two functions (when used correctly) can provide the business owner with full […]
Benefits of Cloud-Accounting Benefits of Cloud-Accounting Cloud-accounting is still a fairly new concept to many business owners. It is based on the action of using cloud-accounting software, such as Xero or QuickBooks in order to manage the bookkeeping online. Cloud accounting offers, flexibility, as the accounting software is accessible from anywhere (using internet access). It is an […]
Cash Flow – How can you be in charge? Cash flow, namely, the total amount of money being transferred in and out of your business. It is the lifeline of your eventual success or failure. Business owners, the world over, struggle making key decisions on how to fully utilise the business cash flow. According to new […]
Social Media Strategy Social media is one of the most powerful and influential ways you can connect with your audience. According to statistics, individuals are spending around 5 hours and 51 minutes on the internet every day! So, whoever your customers are – there is a strong chance that you could reach them via social media. […]
If you’ve ever learned a new skill, like learning a new language or taken up a new personal interest such as learning to play a musical instrument, you’ll know how satisfying it can feel to reach a significant goal. You have changed yourself for the better – that is a truly empowering thought! Good habits […]
The new General Data Protection Regulation (GDPR) is set to come into effect on 25th May 2018, at which time those organisations in non-compliance may face heavy fines. What is the GDPR? The EU General Data Protection Regulation (GDPR) replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower […]
Understanding Accounts – Running a business is hard work. Wearing all the hats is daunting. Understanding accounts and all the financial terminology is a tough feat. It is highly likely that, as a business owner, you will need to analyze a spreadsheet at some point or delve into some form of financial recording software as […]
HOW TO BE MORE ORGANIZED… Take a minute to think about how much time you actually waste throughout your day due to disorganization. Perhaps, you spend 5 minutes looking for a file, another 10 minutes looking for an important email and another 5 minutes looking for your to-do list under the large stack of paperwork […]
Google Adwords – Why negative keywords are an essential! Google AdWords. One of the most controversial forms of advertising available on the web… from Google themselves. Have you seen those ad’s on the top, side or even bottom of your screen? Those are ad’s that businesses have paid money for so that potential customers can click on their business. […]
Time Organisation Tools However compensation is calculated in your organisation, the end factor is that time costs money. It’s the reason many businesses have time sheets and why factory workers have to clock in and out on a daily basis. It is the reason that project managers running various projects allocate a proportion of their time […]
OPTIMISM – STAY ON TOP! Optimism is an emotional competence that can help with overcoming conflict, boosting productivity, enhancing morale and have a positive impact on the bottom line. Optimism has been proven to be a powerful tool that will pay dividends for your personal life and give you a competitive advantage professionally in your career. […]
Having worked with numerous individuals in a few countries, it is clear to see that time management is an issue all over the world. So how can you improve your skills and be a time management guru? Take a look at some of the common mistakes we all make and see where you can improve […]
The definition of communication Think of how often you communicate with people throughout the day. You write emails, participate in meetings and conference calls, debate with your colleagues, the list is endless. We spend our entire life communicating in different languages the world over. Even the animal kingdom has a way of communicating. Have you ever […]
Dealing with difficult people Imagine this scenario: You’re heading into the office but you’re feeling anxious and stressed about walking through the door. It’s not because you don’t love your job, it’s because of Suzzy. She constantly provokes and angers you and seems to know exactly which buttons to press to get you to your […]
Benefits of having a Virtual Admin Assistant help your small business… Running a business is tough work. You’re either thinking of key strategies to knock down your competitors or considering how your small business can move up the so called ‘food chain’. There are overheads, taxes and bills to think of. While doing all of this […]
Virtual Admin assistants can add a fantastic spin to your small business, saving you precious time and helping you to utilise your resources. You can truly gain from their specialised skills and vast knowledge of a variety of tasks enabling them to optimise your business. Qualities to look for in a new Virtual Admin Assistant […]