E-commerce start-ups

Selling online is a great way to start a business. Low set-up costs, the business can be run from home and the potential customer base is huge. Marketplaces like Amazon and eBay provide instant access to millions of customers in an instant. Selling via your own website is usually more costly to start with (due to website development costs, online ...

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IR35 in the Private Sector – 2020

Many contractors are currently being affected by the new ‘IR35’ rules. These new rules, due to take effect from 6 April 2020 (for work carried out after that date), mean that their end client decides whether the worker should effectively be treated as an employee for tax purposes, rather than a freelancer. The rules apply to medium and large sized ...

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Cloud Accounting Systems

cloud with gears in it

Many small businesses are moving their financial systems into ‘the cloud’. This means financial data is stored and accessed online, on systems such as Xero. There’s plenty of advantages when compared to traditional desktop software such as Sage – here’s a brief overview of the main benefits: Automatic back-ups & software updates The software and data is online, so there’s ...

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Small business focus: Credit control

people yelling at a businessman

Staying on top of credit control is key to help manage your business’s cashflow. It also gives you peace of mind. However, it can be incredibly time consuming. In this article I take a look at 6 ways to improve your processes and help you stay on top of outstanding client debts. 1. Change your payment terms Don’t automatically give ...

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