Tag: accountancy

7 August 2024

Increasing your profit – why it’s not the same as growing sales

A business can increase turnover by simply selling more products or services, but if costs increase at the same rate or faster, profitability may not improve or could even decline.
So, how can you improve profits in your business? Here are 4-ways…

Categories Business Basics Comments: 0

6 June 2024

Avoiding Business Pitfalls: 7 things you should NOT do as a business owner

As a business owner, you’re constantly juggling multiple responsibilities and facing a myriad of challenges. While there are countless strategies for success, it’s equally important to be aware of potential pitfalls that could derail your efforts.
In this article, we’ll explore seven common mistakes that business owners should avoid at all costs.

Categories Business Basics Comments: 0

8 May 2024

Are you better off as a Limited Company or a Sole Trader

When starting a business, or indeed as an established business, choosing the most suitable legal structure for your business is an important thing to consider.

Categories Business Basics Comments: 0

16 April 2024

Unlocking efficiency and growth: The benefits of cloud accounting

In business, staying ahead of, or at least up with, the curve is crucial for success. Over recent years, one of the revolutionary tools that has transformed the way businesses manage their finances is cloud accounting.

Categories Small Businesses Comments: 0

16 January 2024

Paying off debt – what you need to know

Being in debt – whether a loan taken out or hitting cashflow issues which mean you can’t pay bills on time – can be a millstone round the neck of many small businesses. Here is our advice on quick and easy solutions to help you manage your business debt.

Categories Business Spending & Debt Comments: 0

7 November 2023

Debt Collection – creating a healthy balance

Effective debt collection for any small business means striking a balance between keeping customers happy and being paid on time for the products of services you offer. But how easy is it to deal with late payments and keep on good terms with your clients?

Categories Business Spending & Debt Comments: 0

8 August 2023

Should Small Businesses Still use the VAT Flat Rate Scheme?

The VAT Flat Rate scheme was introduced in 2002 to simplify VAT reporting for small traders, reducing the time taken to calculate VAT and prepare returns compared to normal VAT accounting.

Categories Business Tax Comments: 0

8 March 2023

How will changes to Corporation Tax from April 2023 affect my business?

Any business, large or small, has to pay Corporation Tax. From 1st April 2023 there are some changes which are going to make a difference to what a business has to pay. So, if you run a small business, how will the changes impact you?

Categories Business Tax Comments: 0

22 February 2023

Can you reimburse electric car mileage above the advisory rate?

When your employees travel for work you have to reimburse them for their mileage but this is complicated when it comes to electric cars.

Categories Business Expenses Comments: 0

7 November 2022

Leading People Through Change

Does everything seem back to normal to you? Do we have any idea what normal is anymore? After two years of not knowing which way is up, getting back to some semblance of normality is a priority for most businesses.

Categories Post Pandemic Next Steps Comments: 0

5 October 2022

Growing out of the Pandemic – Systems and Processes

From first idea, then getting the basics set up, creating and delivering your product or service, establishing yourself in your marketplace and then year-on-year growing your business and a loyal customer base, there is a lot to do – every day.

Categories Post Pandemic Next Steps Comments: 0

6 September 2022

Dealing with Uncertain Times

In the business world, the only thing that is certain is that every business faces uncertainty! This has never been so true in 2022. Few companies have control over future events like price fluctuations, market crashes or recessions. And nobody saw the complete change of working practices, or worse, closure during the pandemic hitting businesses so hard.

Categories Post Pandemic Next Steps Comments: 0

9 August 2022

Tools for Post-Pandemic Business Growth

Now that the pandemic has shifted gear and as a business owner you’re adjusting to a new way of working, moving your business on to the next level may need some careful thought.

Categories Post Pandemic Next Steps Comments: 0

5 July 2022

The Grant-Jones Accountancy Values

Ever since its inception as a business Grant-Jones Accountancy began with the simple vision of being an extraordinary accountancy firm working in partnership with small business so they can achieve great things. That vision has stayed with us now for 16 years and will be our guiding light into the future.

Our values are the same – simple and straightforward. We’ve used the acronym LEAVES to make it clear what we hold dear.

Categories Business Values Comments: 0

7 April 2022

Defining your values

What if I said to you that the owner of a business believes being ethical is one of the most important things to them as an individual, and yet they routinely use unethical practices in their business dealings. It wouldn’t ring true, would it?

Categories Business Values Comments: 0

7 March 2022

The Value-led SME – Why Values Matter

Company values are a set of beliefs or principles that guide how a company does business. Why is it so important that companies have them, even when they sell products and services that customers want and need regardless of their principles?

Categories Business Values Comments: 0

22 February 2022

Shout about your difference

Many businesses have well thought-out USPs and stand head and shoulders over their competitors for what they offer. But all too often I see people get shy about advertising their difference. Here are some tips to get you started in broadcasting your differentiators.

Categories Your USP Comments: 0

7 February 2022

Examples of differentiators we really like

We all want our businesses to be successful and grow. In a fast-paced world that has seen huge change over the last 18 months, innovation is crucial for survival and growth. So what is it about some companies that make them stand out from all their competitors?

Categories Your USP Comments: 0

10 January 2022

Ways to be different in business

There are many ways to set up your business, and each way is individual to you and how you want to run your company. The same is true of your endeavours to stand out from the crowd.  So, what does...

Categories Your USP Comments: 0

20 September 2021

For the love of bookkeeping

Let’s face it, unless you are an accountant, most people shudder at the thought of bookkeeping, especially when they have everything else to do while running a business. Once established, many companies employ or contract someone to do this role for them. If you are starting out and are doing the books yourself, or your plan is to employ someone from the outset, it’s really important to understand the importance of keeping an up-to-date record of your money…

Categories New Business Startup Comments: 0

23 August 2021

Reviewing your business before you sign on the dotted line

We’ve all heard the phrase “dotting the i’s and crossing the t’s” and never is this more important in business than when you have an idea and you start to draw up plans. When it comes to an idea for a new start up, I always advise clients to go through the same process…

Categories New Business Startup Comments: 0

9 August 2021

Support for your new business venture

Setting up a business can be both scary and exciting. Whether you are thinking of setting up on your own or with a partner, it’s vital you have support, and the right kind of support…

Categories New Business Startup Comments: 0

27 July 2021

Is working from home working for you?

The covid-19 pandemic saw unprecedented numbers of people either being furloughed or working from home. It has certainly given many pause for thought about our working lives. For some, working from home might have suited them down to the ground, others not so much. Maybe you’ve been thinking about trading the office for a life of self-employment…

Categories New Business Startup Comments: 0

12 July 2021

Doing Good for the World

Giving back through charitable deeds is one important step businesses can take to be ‘sustainable’. By practicing Corporate Social Responsibility (CSR), a company contributes money, time or expertise that enhance society and the environment.

Categories Sustainable Business Comments: 0

26 April 2021

The Sustainable Business

Sustainability is a word that’s bandied around a lot, with talk of sustainable processes, sustainable fashion, sustainable food and sustainable lifestyles. A great deal of emphasis is put on sustainability for the planet, and rightfully so. At Grant Jones we also understand the importance of sustainable practices within the internal structure of a business.

Categories Sustainable Business Comments: 0