How to Accurately Measure Your Profit Margin

How to Accurately Measure Your Profit Margin

So, you’ve got your dream business up and running but you aren’t entirely sure quite how well it is running… Should you be using sales as your financial yardstick? Or maybe reductions in costs? Not quite… In this blog we detail how to measure profit margin and why it...
Sick of bookkeeping? We got you. 

Sick of bookkeeping? We got you. 

You’ve made a business out of doing something you love and now you’re playing catch up with your books every month. It’s stressful and annoying. Your focus is probably on delivering your service and that totally makes sense. Your service is what gives you the...
Why Is An Overdrawn Director’s Loan Account A Problem?

Why Is An Overdrawn Director’s Loan Account A Problem?

So you have an overdrawn directors loan. You didn’t even know what it was at first, but you really need to know why it’s a problem.  Basically, the problem is that it looks like you owe your business money and that might lead to some, possibly significant, tax to...
Xerocon 2017 – Why it’s important for small business

Xerocon 2017 – Why it’s important for small business

Last week we attended Xerocon 2017, Xero’s annual UK conference and whilst it may have a delegate list of accountants, it’s far from an accounting conference. It’s about tech and small business and that’s why we’re sharing our findings with you. For us it was Xerocon...