Payroll changes for 2019-20

The new payroll year begins on 6 April 2019 and employers should be aware of the changes they will need to make.

Every April the minimum wage and living wage increase so employers will need to ensure that their employees are receiving at least the minimum hourly rate for their…

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Is your customer invoicing accurate?

The majority of businesses will need to provide their customers with an invoice for the goods they have bought or the services they have received. The only exception is likely to be retail businesses such as those selling online or on the High Street as their customers pay before they…

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The Factoring Process: What You Need to Know About Selling Your Receivables

We’ve said it before, but it’s well worth repeating: cash flow is the lifeblood of every successful business. It’s often a lack of liquidity, in fact – rather than a shortage of sales – that prevents newer companies from growing. One way to keep your business afloat during a cash…

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Try These Money Saving Suggestions for Small Business Owners!

You have two choices when it comes to turning a bigger profit: increase your revenue, or cut your expenses. As a rule, we have far more control over how much we spend than we do over how much we earn. Which is why the most successful small business owners utilize…

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