What is cash flow and why does it matter to my business?
We often speak to businesses who are frustrated that they’re profitable but have no cash…’how come I have to pay tax if I’ve got no money?’, sound familiar? In this blog we’re going to look at why cash is king, what is cash flow and how and why you monitor it in your...
Still using spreadsheets? The honest reason you might want to switch to Xero!
Over our time, we’ve dealt with a lot of business owner’s accounts, and in doing so, we’ve dealt with a lot of spreadsheets. This isn’t just another one of those blogs in the crowd of information about Making Tax Digital. We’re not writing this to induce widespread...
Our take on the App Stack; the Raedan TrifectaTM
All businesses, big and small, can find amazing insight in their financial data. For many, however, it’s often felt out of reach. Here we show you how even for the smallest businesses that’s no longer the case, with our simplified version of the traditional app...
Raedan – Refresh of the homepage
As a funnel for so much of our traffic we knew our homepage had to be more concise in explaining who we are. A little over a year ago we built a shiny new website and we were immensely proud of what we had pulled together. However, at the time we launched our new...
Budget vs Forecast; why creative agencies need both
In June a report by the Creative Industries Foundation and Creative England stated that creative industries generated 2 millions jobs yet only 38% had a business plan or forecast. Trying to make decisions without knowing the outcome is difficult at best. You could say...
Budget 2018; a summary for creatives
With speculation over recent weeks suggesting bad news for small businesses, it was pleasing to see that, unlike Apple’s September events, the leaks weren’t very accurate! Whilst there was very little specifically for creatives there was a lot for small businesses...
Will Making Tax Digital be postponed?
Since its first announcement, there have been groups calling for the delay of Making Tax Digital and a recent report from the British Chamber of Commerce states 24% of businesses have still never heard of MTD.
Grab a (strong) coffee, it’s time to talk about Making Tax Digital
When Making Tax Digital (MTD) was first announced it was dubbed “the death of the tax return”, sounds great doesn’t it! But from April 2019 businesses will need to be ready to deal with the biggest change to taxation in a generation.
Real-time Accounting vs. the old way: There’s only one winner
According to a report published by Xero in 2017, 18% of accountants are still running ledgers with pen and paper. It’s time we said “out with the old approach, and in with the new!” which is we wanted to pit them against one another and, in this blog post, show you why there’s only one winner.
The Best Ways to Get Foreign Currency
No matter how you plan on spending your summer holidays, we all want the same thing when it comes to foreign currency – to get the most for our money. And in this short blog post, we’re going to take a look at just some of the ways you can get the best rate while overseas.