Despite the connotations of money laundering and tax evasion, there are actually legitimate reasons to have an offshore bank account. For instance, if your business frequently works in different countries, transferring money or operating in multiple currencies. In most cases they’re also straightforward to set up, and work in a similar way to standard accounts….
Convincing a business owner about the importance of bookkeeping can be tricky. In their eyes it’s just more boring, time-consuming admin. Many clients would rather spend their time and energy in more ‘exciting’ areas of the business, leaving their brother’s neighbour’s sister-in-law to tidy up the paperwork. But, as every accounting and finance professional knows,…
According to the most recent Labour Force Survey (LFS), 828,000 UK workers experienced work-related stress, depression or anxiety during 2019 – 2020. To put it into perspective, that’s enough people to fill Wembley Stadium to capacity more than nine times over. Staff absences amounted to almost 18 million working days lost as a direct result…
The start of a new year is an exciting time in the business world, with many people taking the leap towards self-employment. Existing businesses can also take this opportunity to plan out the year ahead, and try to improve on the year before. Now’s the perfect time to draw up some goals for the year…
We’re guessing you’re here because your business handles stock, or you’re considering starting up a new business that sells goods. Are we right? Whether you’re in eCommerce or bricks and mortar stores, managing your inventory is a fine balancing act. Under stock, and you risk losing customers; overstock and you could be eating into your…
