The Business Owners Blog by The Bookkeeping Team

Our guide on preparing to submit your tax return as a UK-Based Sole Trader

Cash flow can be the lifeblood of small businesses. Monitoring and being in control of your cash flow can make a big difference to the success and growth of your business. In this blog, we’re going to share with you some tips to help you maintain a healthy cash flow in your business.

As an online business, you need to stay on top of your finances to ensure you’re making a profit and complying with tax regulations. Here are our tips for helping you keep your finances on track…

When it comes to accountancy and bookkeeping, there are loads of terms that you’ll find being used and you might not know what they all

When it comes to invoicing someone for your work, it’s obvious you need to include how much they owe you, but what else should you be putting on your invoices?

You might think of bookkeeping and accounting as basically the same thing but we’ve got news for you – they’re not.

Have you heard people talking about turnover, gross profit and net profit but have no idea what they all mean? This blog will explain all.

When it comes to accounting for your small business, if you’re a sole trader in the UK you typically have two options – cash basis or traditional accounting. In this blog we’ll explain both so you can choose which option is for you.