To achieve goals, you have to set them.You might have long term visions and dreams for you business, but writing a business plan and specifying these goals, is the best...
Nothing is worse than running out of cash. The stress of having a negative bank balance, struggling to pay salaries or invoices on time, and not being able to cover...
With Christmas approaching, your business might be planning your annual staff Christmas party. As a business owner, you should get familiar with staff Christmas party tax and VAT consequences. This...
Starting a new business is both exciting and challenging. As a new business owner, you probably dream about running a successful and thriving business. You are most likely focused on...
We are very proud to announce that we are British Accountancy Awards 2019 finalists! Pentins have been shortlisted in the category Small Practice Innovation of the Year. We are being recognised...
Growing your business is not a small feat. It's so easy to get caught up in the day-to-day activities and leave the big picture stuff for later. However, if the...
The profits of your business are what you are left with after receiving your payments and paying off your expenses. In short, Sales - Cost of Sales = Profit. A...
When starting a company with more than one shareholder, it is advisable to make a Shareholders’ Agreement. This is a good way to further regulate the way shareholders conduct business...
Every startup needs money to get off the ground. Whether it’s for some basic office equipment, office space or for more advanced machinery, there's a lot to consider financially. Either...
In today's ever-changing business landscape, business owners are often faced with tough decisions, stagnation and no sense of direction, which often prompts them to hire a business coach, in hopes...
The Taxman allows companies to pay for a director’s or employee’s mobile phone without it counting as a taxable perk. However, there are conditions which HMRC strictly enforces. How can...
In many countries, governments offer tax incentives to encourage investment in business, aiming to promote national economic growth. The UK has several tax incentives, but the most common for entrepreneurs...
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