Many small businesses have learnt how to compete with large retailers without it costing them a fortune. Here’s 7 things you can do to compete with the big players and win!
One of the biggest headaches for small business owners is clients not paying your invoices promptly. Check out these easy changes you can make to the way you approach your invoicing that will make a big difference to your cashflow.
Accounting software isn’t just for accounts. Today’s accounting software can be connected to lots of other apps which give you potentially hundreds of joined-up tools to help you manage your retail business. Discover the key points to consider when deciding which accounting software is right for you.
If you are considering making the switch to a cloud-based POS system – don’t rush the decision, check out these pros and cons first.
Whilst financial management is at the heart of a business’s success, many business owners make errors that can cost them significantly. To help prevent you from making the same mistake, this month I share 7 of the most common errors that you want to avoid.
As a small business owner, plotting the way forward can often seem like a maze of numbers. The seemingly endless maths exercises needed to manage the financial side of things effectively can take time, but they are essential to long-term development. Discover and understand the numbers that run your business.
Customers will typically spend 10-30% more in shops that take cards than they will in those that take cash only. Many customers carry little or no cash so you could be losing customers by not accepting cards. Discover the facts about taking card payments including the pitfalls to avoid.
From 1st April 2017, the UK government has announced it will be removing the Flat Rate VAT Scheme (FRS) that was introduced in 2002 to simplify the VAT calculations and payments of the smallest firms.
We all know that happy, regular customers are key to retail success. So, we thought we’d share some tips to make your business a place people want to be.
It’s a question that’s very often on the lips of our clients and it’s certainly a very fair question too. After all, none of us want to pay too much tax if we can avoid it. Knowing how to extract cash from your business in the most tax-efficient way possible is key for any sole trader or limited company.