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Why do I need a business plan for my creative business?
You’re doing great. Your business is growing, you love what you do, but you’re starting to get bogged down with the daily admin. You've got people to pay, invoices to send out, staff to support, and customers to keep happy. You started this business for a reason. Your...
Winter Economy Plan
As we rolled towards Autumn it became clear that the UK faced an extended battle against the COVID 19 pandemic. In order to further support the economy the Chancellor announced a Winter Economy Plan on 24 September. Here we cover the key updates and how to access...
Coronavirus: Extensions to the Job Retention and Self-employment grant schemes
There were some big headlines on Friday as the Chancellor announced extensions to the Job Retention and Self-Employed Income Support Schemes. As always, however, the details aren't made so obvious. So, let's run through all you need to know about the extensions and...
Business Interruption vs Bounce Bank Loans: Which One Is Right For My Business?
Having survived the initial changes to your business over the last few months you may now be considering one of the Governments loan schemes to help you through your business recovery phase. We'll be running through the difference between the Coronavirus Business...
Why doing your tax return early is good for you…and others
We all know that mental health is important and that running a business can impact on it. At Raedan we've always strived to reduce the worries of those we work with and we know that a good way to do that is to get things done early! By working together we can get...
Alternative ways to get cash back into your business
As the spread of coronavirus causes the UK government to enforce lockdowns and closures, businesses are being faced with difficult conditions and tough decisions. Though many businesses are adapting, and some even struggling to keep up with increased demand,...
Coronavirus: Self-employed Income Support Scheme
Having seemingly been ignored, the Government announced support for the self-employed on 26 March with it's Income Support Scheme. Similar in some ways to the support for employers, the main question was always going to be, how will it be calculated. Updated May 2020...
Why your bookkeeping isn’t transforming your business and changing your life
Good bookkeeping can be life changing. Seriously. If done well, bookkeeping can be the catalyst for major change within your business. Since your business is one of your life’s big projects, these are major changes in your life too. It’s likely you’ve never heard an...
Coronavirus: Job Retention Scheme FAQ
Updated 3 June 2020We're getting some great questions about the Job Retention Scheme from our business community and wanted to share them (and the answers!) with as many of you as possible. Information is still coming out on this so we'll update regularly as we learn...
Coronavirus: How you can prepare your business
We are all facing a considerable level of uncertainty at the moment and for business owners in particular there will be a host of thoughts occupying your minds as to how to navigate the next few weeks or potentially months as the world battles against the coronavirus...
Budget 2020: What it means for your business
Budget 2020 been dubbed in places as the 'small business budget'. It’s fair that there are policies very specifically aimed at smaller businesses but what are they and will it do enough to help the 700,000 small businesses in the UK? We know the budget isn’t always a...
Could you get £50,000 to switch business bank?
£50,000 to switch business bank!? Before you get too excited there are limited circumstances where this applies and by now, you should know you're eligible. But, in case you've not received the letter or maybe have forgotten, here's a reminder of what is on offer for...
Can you buy an electric car through your company?
As a business owner you may be looking at ways to extract funds from your business. Company cars used to be a common method of doing that but over recent years the tax charged has made them unattractive. But that’s all about to change, that is if you’re happy to get...
Xerocon 2019 – Cash Flow in Xero
It’s been just over a week since our sixth Xerocon came to a close. This year’s key theme was clear, improved cash flow tools in Xero for businesses and there were some impressive product updates to empower business owners in achieving this. In this blog we’re going...
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...