The bottom line of any successful organisation is the careful synergy between cost and profit. In this day and age, many companies will encounter difficulty in regards to managing a tight payroll budget while constantly trying to stay ahead of the competitive curve. In truth, the maxim “more is not necessarily better” can be applied here. In … [Read more...]
Should You Use Online or Desktop Accounting Software?
One of the most challenging operations of any growing business is finding a robust and clear cashflow management platform. This is critical, for financial responsibilities cannot be looked at in retrospect in these modern times. On the contrary, revenue trends and profit margins must be constantly measured to adapt when necessary and to … [Read more...]
Should You be Sole Trader or Limited Company?
For those who are freelance by nature, the question often arises as to whether it is better to incorporate themselves as a sole trader or as a company. This is an important area to address, for not only may it affect the way that the company is viewed from a marketing perspective, but there are some very real tax implications and financial … [Read more...]