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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...
Do I Need An Accountant If I Have Xero?
Updated 10th January 2025 We couldn’t even begin to fathom how many times we have heard this question. In fact, in the UK alone, people type (verbatim) “Do I Need An Accountant If I Have Xero?” into the search bar fifty times a month on average. It’s fair to say that...
Six Best Underused Xero Features
Updated 17th December Coming to grips with a new tech platform in any context can be a tricky task. Each and every virtual business tool comes with an array of alluring yet often confusing features these days. Therefore many people don’t feel the need to delve any...
Preparing Your VAT Return – 5 Things To Remember in 2025
Updated 14th December 2024 “VAT returns”... The two words that have the ability to make a small business owner shrivel with dread. It's one feature of creative business accounting that brings about confusion and panic before the process has even begun. After writing...
2024 Budget Review
In the lead up to the 2024 budget there was a considerable amount of speculation around increases to National Insurance and Capital Gains Tax. Commentary suggested an attack on business owners was incoming. So how did it really play out? The budget held on October...
An In-Depth Guide to Claiming Business Expenses
As a creative business owner, keeping on top of your finances may seem dull, but it is also business 101. However, having been accountants in the creative industry for many years, we are always surprised to find just how many businesses are in the dark about their...
End of Financial Year Tips You Need to Know for 2024
For many business owners, the end of the financial year can leave you wanting to tear your hair out. Missing receipts, inaccurate numbers and a pile of unpaid invoices are all why you’ll most likely need the help of a skilled accountant to get you through it.
How will the Spring Budget 2024 affect your creative business?
This year’s budget has just recently been announced, which means some financial changes that you as a business owner need to know about…
How To Do Bookkeeping: A Beginner’s Guide
Bookkeeping is a fundamental part of any business, no matter how big or small. It works by keeping your finances in check, ensuring they are in excellent working order and that you don’t get an unwanted knock on the door from HMRC…
Should You Get A Business Coach?
So, you’ve caught yourself wondering “Should I get a business coach?”. Unfortunately, like most questions in life, there is no straightforward ‘yes’ or ‘no’ answer. A booming, yet often underutilised industry, only one in six businesses have used business coaches in the past. However, almost 90% of business owners that have used them say that their help is almost invaluable.
What is the difference between bookkeeping and accounting?
So, your business is going from strength to strength, the cash keeps rolling in and now you find yourself in need of some financial help. If you are considering hiring a professional to assist you, then you may be unsure of whether a bookkeeper or accountant is the way to go. So what is the difference between bookkeeping and accounting, and which one is the perfect match for your business?
12 Days of (Accounting) Christmas Tips
When Christmas comes approaching, business accounting is often the last thing on people’s minds. However, this is often an astute time of year to make sure that everything is in ship shape. Both now and for the New Year that looms around the corner. Here we have...
How to Use Xero Properly: Making the Most of Your Account
Many business owners know how to use Xero, but when it comes to getting the most out of the platform, many users are caught scratching their heads. Whether you are new to Xero or are a seasoned user hungry to learn some more tips, we are here to help you get the very...
SME Business Finance Tips You Need To Know
Are you a small to medium-sized business owner in need of valuable finance tips? Well you're in the right place. Our team of accountants specialises in crunching the numbers so you can stay one step ahead in the business game. As the old adage goes, "Failing to...
How to Use AI in Accounting: The Dos and Don’ts
Unless you have been living under a rock over the past year or so, you will be well aware of how AI has been transforming the way businesses operate. From automating tasks, to boosting productivity, to streamlining processes. However, as with any powerful digital...
What Exactly Does The Change in Corporation Tax Rate Mean?
Running your own creative business is full of upsides, from the freedom and flexibility it allows to the glitz and glamour it can bring. But, just like with everything in this world, these tend to go hand in hand with some downsides too, and for many of our clients, one of the most common pet peeves comes in the form of corporation tax.
7 Very Handy Accounting Tips For Startups
When you decide to start your own business it often means figuring things out as you go along, which isn’t always a bad thing. In fact this is how true innovation takes place, at least from what we have seen. But having a few aces up your sleeve when you are first starting out can really help you in the long run. After all, getting a successful startup off the ground can be tricky.
Team Feature – Louise
Back by popular demand is the second instalment of our team feature series. This time in the Raedan hotseat we have the wonderful Louise, one of our superstar accountants. Louise knows accounting like the back of her hand and is here to help our creative clients reach their business goals through her top notch accounting knowledge.