Simply Awe Inspiring Technology

How the World Wide Web changed everything ...

The most awe-inspiring technological innovation ever is the World Wide Web. An idea proposed by Sir Tim Berners-Lee in 1989. It put the Internet at the disposal of the world's population ...

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VAT: A Few Things You Need To Know

Should you be registered?

All businesses have to register for VAT when their turnover reaches a certain value. This changes each year and you can check the current threshold with your accountant or bookkeeper ...

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Expenses, Benefits And The Terrors Of The P11D

Get organised now and forget the dread ...

Do you dread that time of year when scrambling through all those receipts and expenses claims send your eyes a bit funny? That time of the year when you send in the P11D for your employees ...

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Business Blogging: Why I Blog

It's not just about the traffic ...

I have been business blogging for nearly 3 years. It's been a grand undertaking to produce something nearly every week, and in that time I have written ninety-one blog posts ...

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Why Is Profit Shown As A Liability On The Balance Sheet?

It is because you and your business are separate entities ...

People understand that in the Balance Sheet, assets are debit entries and liabilities are credit entries. So why is profit brought forward from the Profit and Loss account recorded as a credit?

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What Is The Accruals Concept?

And why does it matter?

The Accruals Concept is a term you may have heard your Accountant or Bookkeeper use. It is not just a bit of jargon used to make us all sound smart, it is a crucial concept to understand ...

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7 Reasons Why You Should Outsource Your Payroll To Me

Instead of trying to do it yourself ...

Everyone talks about outsourcing and I do wonder why business owners try to run their payroll themselves when a competent and highly experienced bookkeeper could do it for you ...

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Payroll: We All Deserve A Holiday, Don't We?

Getting your employees entitlement right ...

Every employed person is entitled to paid holiday. How that entitlement is calculated and when (and how) it is paid depends on the contract of employment they have with your company ...

Comments:    Views: 1,116   Shares: 59

Bookkeeping For Small Businesses

The why's, how's and what's ...

Bookkeeping is an ancient art that has been practiced thousands of years. From a simple abacus tally in the temples of Rome to the modern day digital world of cloud based accounting packages ...

Comments:    Views: 2,702   Shares: 83

Payroll Need Not Be A Painful Process

When it's done right ...

So you want to grow your business and in order to do this you need to employ people. There is quite a lot to consider. The recruitment process for starters. Make sure you get the right people ...

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Five Common Mistakes Made By Start Up Businesses

How many of these are you making?

Are you finding it hard to run your business? You may be making a number of common, yet easily correctable, mistakes. So here I give you five simple solutions you can implement right now ...

Comments:    Views: 1,197   Shares: 51

Buying A Business? Listen For Those Bells And Take Note

This is just the beginning of due diligence ...

I wrote a blog post some time ago about how regular management accounts and up to date financials could be very helpful if you are thinking about selling your business ...

Comments:    Views: 942   Shares: 47

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"Maureen came into our office and within just three hours got to grips with our very messy Quickbooks accounts and generated a plan of action to get them into shape."

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