The biggest benefit of small businesses is their adaptability. It’s much easier for a small business to pivot and change course when things are going wrong. But how do you know it’s time to change direction rather than hold the line or even throw in the towel all together? These six signs, taken together or…

Online meeting apps have absolutely boomed over the past few years. But in a post-COVID world, business travel is still an expensive necessity for many companies. Fortunately, it has never been easier to trim the travel budget while still getting the quality you and your employees demand. Here are our tips for saving money on…

This decision could have far-reaching financial consequences, particularly for smaller firms – so it must be taken seriously. Here are five things to consider when deciding whether to lease or buy. “I do not gather things, I prefer to rent them rather than to possess them.” (Jerzy Kosinski, Polish-American writer) Deciding whether to buy or…

The second provisional tax deadline for the 2025 tax year is just days away (28 February 2025). It’s the trickiest and most important provisional tax deadline of the tax year, because the income estimates on which it’s based must be highly accurate. Estimates that don’t fall within 80 – 90% of your actual taxable income…

Building a small business on your own can be hard. It’s difficult to know just where each hour of work and precious cent should go to maximise growth. Product testing, marketing, website costs and infrastructure – these are not cheap and may be hard to put together all at once when starting out. This is…

A balance sheet is a vital financial report for a business, providing a snapshot of the company’s financial health by detailing its assets, liabilities and owners’ equity. These are also used to calculate important financial ratios. A balance sheet is essential reading for all stakeholders, including businessowners, managers, lenders and investors, as it offers valuable…

A new year is often a time to rethink your strategy. One option you may not yet have considered is going into partnership with a charity or non-profit organisation. Apart from an opportunity to do good and help those around you, partnering with a non-profit organisation has been shown to actually boost the business that…

In a world where market conditions and consumer preferences are constantly shifting, many business advisors tell leaders to be agile and adaptable if they want their businesses to succeed. While this can be effective, it’s even better for your business to already be positioned to take advantage of any changes that may occur. Whatever the…

In June 2019, Slack co-founder and CEO Stewart Butterfield declared that business email would be dead and buried within seven years. Now, six years later, email remains as strong as ever – despite the weaknesses Butterfield saw still being there. Over-reliance on email brings a variety of problems. Problems which are choking businesses and, in…

Starting a new business isn’t just a challenging undertaking. It also comes with a list of tax liabilities and administrative obligations. Not to mention an impact on the business owner’s personal tax affairs. This overview highlights not only the compelling case for prioritising tax planning when starting a business, but also the reasons why your…