Currency Volatility What with the EU referendum last year and the General Election’s Hung Parliament, there’s been plenty of uncertainty around, particularly when it comes to the GBP exchange rate. In the 10 months following the June 2016 referendum when
So, were you blind-sided by the outcome of the Election? Even though we seem to have been bombarded by extraordinary political event after event over the last year or so, the result of a hung parliament still came as something of
A modern, cloud-based accountant is no longer just a number cruncher: they’re a business adviser and technology specialist who can add a whole lot more value for your construction business than just dealing with tax returns and accounts. So if
Running your own business makes for a very busy life. And with so much to do in the day to day running of your SME, it can be tough finding time to check you’re on track… not to mention focusing
Cloud accounting software is revolutionising small business accounting. With innovative new cloud software solutions, business owners now have a more reliable, more flexible and more efficient way of managing their accounts. Unless you’ve set up an accountancy firm, the chances
If you’re serious about turning a profit from your property business, and want to give yourself the best possible ability to grow, you need to consider what the best business structure is for your property operation. As we mentioned in
The benefits of Xero and the Xero app ecosystem Running a property business can sometimes feel like a juggling act, with a multitude of different ‘plates’ to keep spinning. Whether you’re a landlord with a small portfolio of buy-to-let properties,
Are you up to date with paying your business rates? If not, you could become like one of the thousands of British businesses that have ended up in court for non-payment. An investigation by the advisory firm CVS has found
Business cashflow depends on prompt payment. Xero analysed over 12 million invoices to discover some revelations about getting paid on time. They also asked the small business community for their tips and tricks. You’re not alone: Invoicing insights from small
It’s vital that the invoicing software your business uses is a sound investment. After all, it can determine whether or not your business establishes and maintains a healthy cashflow. Invoicing shouldn’t be tedious or complicated Everyone knows a smooth billing
Cloud computing got you perplexed? You’re not alone. Most of us talk about ‘the cloud’ without even realising what it really means. We’re clearing the air on cloud computing and how it can benefit your small business. So what is
It is our pleasure to announce that we have been nominated for an award at this year’s British Accountancy Awards. We have been shortlisted for the Most Innovative Independent Practice for the way we have embraced the latest technology to
At Square Mile Accounting, we’re passionate about sharing our advice with contractors on how to run your limited company. For lots more advice to help you to increase your income and productivity, reduce your costs, and become a success, please
You’ll know by now that we’re big fans of Xero online accounting software. And if you caught our recent blog, you’ll also know all about the power of financial technology (FinTech) solutions for expanding the efficiency of your business systems.
Until June 2016, companies in the UK have had to file an Annual Return with Companies House, giving a snap shot of the the company’s structure and shareholdings on a set date every year. From June 2016 this is being
We very strongly recommend that you take suitable insurance. For most independent contractors, being insured forms part of your contracts with clients and it’s a vital part of protecting yourself against unforeseen eventualities. We know it can be a minefield
Fast and seamless set up within 24 hours Square Mile Accounting has every step of the way mapped and marked. We can get everything set up for you on your behalf, from choosing and registering your name to filing your
Contractors should be very careful about special schemes, solutions, short term tax loop-holes, EBT’s, LLPs or companies that use complex offshore solutions. Many of these schemes were designed for legitimate purposes, however over time they have been leveraged for tax
Starting and running your own brewery business is a big challenge to take on. Brewing is an industry where creating the perfect product can take time and where hands-on experience in the sector can be a huge advantage. And even once you’ve perfected
Software is at the heart of our lives in this modern, hi-tech age. Just think how commonplace apps have become and how much of our day-to-day time is spent using our smartphones, tablets and laptops to make our lives easier.
So, if software can make our everyday lives easier, it makes sense to apply the same benefits to our business lives as well.
And this is where finance technology, or ‘FinTech’, comes in. FinTech solutions exist for just about every part of running a small business, from bookkeeping to invoicing, to reporting, Point of Sale and credit control.
As a small business owner you no doubt wear many different hats during your day-to-day responsibilities, especially during the early stages. Accountant, HR, legal, business development, sales – are probably just some of the roles you have to take on.
Women all over the world are becoming entrepreneurs and building successful businesses. What lessons can they teach the rest of us? Here, seven famous female entrepreneurs share their tips for success.- via Xero [7 min read] Women are turning to