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In the current highly competitive and ever-evolving business landscape, it is essential to have a well-rounded set of essential skills for any organisation to thrive…

Productivity in the workplace is essential. It is the key to your business’s success and stability, which subsequently results in the business’s financial stability. There…

If you have a business and you’re assessing your finances, you will have heard of a balance sheet. A balance sheet is a tool to…

Bookkeeping can be a major struggle for business owners. It represents a daunting and unfamiliar task on top of the responsibilities of running the business…

Marketing is an essential part of meeting your professional goals and should always be covered in your business plan. It doesn’t need to involve big…

Keeping track of the books is an utterly vital part of running a business but is rarely anyone’s favourite activity. Outsourcing your bookkeeping to a…

Managing the finances and tax obligations of a small business on top of all your other responsibilities can seem impossible. We have put together some…

It is never nice to receive a complaint about your business. You value the work you do and work hard to provide a quality service,…

During recessions and periods of economic hardship, businesses tighten their strings. This is only natural and reducing costs can be an essential measure to weather…

During periods of economic downturn businesses often look to cut costs to weather the storm. This is a sound strategy, and there are many different…

Making the next big step for your business is an exciting time, but securing funding can prove to be difficult and frustrating. There are myriad…

With the world more online than ever before, there is a pervasive attitude that we must be constantly available to our jobs, and many workers…

Online presence has never been so important in business, as potential customers will get first impressions of your business and decide whether you are the…

If your occupation involves a lot of driving, depending on if you are self-employed or provided with mileage allowance payments by your employer, it is…

Outsourcing financial tasks has become common for businesses in order to improve their efficiency, reduce costs and provide access to expertise that the business owner…

If you are just starting out and are in the process of launching a new business, budgeting correctly is one of the most important steps…

Management accounts are a financial report that help you to assess your businesses financial position and draw your own conclusions. They are usually produced on…

With the end of the year approaching, you will be wary of the deadline for completing your self-assessment tax returns. There’s no need to panic,…

As a small business, it can be difficult to manage the finer details of your operation, but these remain important to operating successfully. At Omer…

If you are looking at buying an existing business as an alternative to starting your own, it is important that you carry out extensive research…

If you are self-employed, you will have to pax taxes depending on the profit your business made over the tax year. One of the benefits…

With many businesses continuing to work remotely, or even if you have moved back into the office, different types of meetings can take up a…

Business owners must always be prepared to adapt to the changing environment of their industry, as it is impossible to predict what will happen in…

Small businesses are an essential part of every local economy. They offer a personal touch and unique customer service. This is something that is not…

If your business charges VAT, you will be aware that from April 2019, you now have to file your accounts through the HMRC Making Tax…

For higher rate taxpayers, buying an investment property through a limited company can have numerous benefits. If you are considering setting up as a limited…

There are many factors to consider before deciding on the sale of your business, but if you believe it is the right time to move…

If you are planning to set up a new business in the coming months, you will need to consider what kind of legal structure the…

If you are looking to invest in any plant and machinery assets for your business, you could benefit from claiming the super-deduction allowance (also known…

When someone passes away, it can be a complicated process to sort out inheritance. If you are a relative of the person, you may be…

If you are looking to launch your business in 2022, an accountant can help you when writing a business plan, to ensure you are well…

When managing your business effectively, it is important to keep a close eye on your cash flow. This will allow you to track your income…

Running your own business can be a busy job, but when things are going well you are able to reap the benefits. Business owners are…

When running your own business, you must file a confirmation statement with Companies House in addition to all your business year-end accounts. The Small Business,…

If you are considering hiring an accountant for your small business, but are unsure if this is necessary, there are many things to consider. As…

A company’s year-end is the date their accounting period ends for the year. From this date, you have 9 months to file your annual accounts…

Both small businesses and large corporations utilise three fundamental financial statements: the income statement, balance sheet, and statement of cash flows. Balance sheets are useful…