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Disruptive Tech and Your Employees

The three T’s of effectively introducing disruptive tech to your business. It is fair to say that disruptive tech has knocked us off our seat with its capability to change how businesses operate. It has created unfamiliar competition, which has

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10 reasons your business needs a bookkeeper

10 reasons your business needs a bookkeeper

As a business owner, are you becoming inundated with tasks that you should not necessarily be responsible for, such as company finances? Well you are not alone. You would be surprised how many business owners we come across that have

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Flying High in The Cloud

With the increasing demand that new technology can satisfy, it is apparent that data-driven innovation will become even more advanced in the very near future. We live in a world where, within the realm of business, automation is the key

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Tailor-made systems for your property business

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,

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Top tips for invoicing better and getting paid faster

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

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Why your business should use online invoicing

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

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The brewery that never was: the accountant-brewer

An accountant setting up an accountancy firm is the usual story. But an accountant setting up a brewery? Now that’s a bit more interesting! Having long been fascinated by breweries, the brewing process, and – let’s be honest – beer

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We are nominated for a British Accountancy Award!

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

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Speaking at the Google Campus

It was a great pleasure to be invited to speak at the TechHub event held yesterday at the Google Campus in Central London. We were asked to speak to an audience of tech start ups about cloud accounting, Research &

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Contractors: How to run your business profitably

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

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Contractors: Expenses

To reduce your tax liability, you need to know what you can write off as business expenses as a contractor running a limited company. HMRC rules are clear that business expense write offs for tax purposes include the costs of

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Contractors: Running a limited company

You’re a contractor in the UK, and you’ve just become a Director of your Limited Company. There are certain duties and responsibilities you need to be aware of – besides just making sure your business runs profitably. The Companies Act 2006

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A step tat-too far?

It seems that the ongoing debate over whether or not tattoos are acceptable to display in the work place is still continuing.  A Change.org petition started at the end of February that called for the end of employment discrimination against

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Life is short. Do what matters to you!

Life is short.  Do what matters to you! If you feel stuck in the corporate world and feel the urge to get out and try something new then Escape the City could be just the thing for you. Our Director

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Contractors: Your business bank account

 As your limited company is a distinctive legal entity of its own, you cannot use your personal account for business purposes. You must set up a separate company bank account, even if you are the only director and shareholder. Avoid

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What’s FinTech and why does it matter?

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.

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Not taking a break is costing you

This blog post is courtesy of Xero.com and their guest writer Alex Cruickshank. Many successful inventors sometimes talk about “BBB time” – time spent in Bed, in the Bath or on the Bus (or other form of public transport). This

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Social Media SOS for business owners

Did you know that on average, you spend 3.6 hours a day on social media sites? That’s approximately 25% of  your awake hours. Although social sites like Facebook and Twitter are great, we know that spending 3.6 hours is too

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Top 16 Reasons to Switch Accountants

Switching accountants is a big decision. The relationship between accountant and business owner is a very personal one, and cutting off a relationship with a trusted business advisor can be extremely difficult to do.

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Startup Business Funding

You’ve got that great start-up idea, but don’t know how to get it off the ground? This is an issue most face when making those daunting first steps as an entrepreneur.

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