01202 022992
contact@balloonaccounting.co.uk
BH12 1PN, Poole, UK

Month: February 2022

with you on the journey to a brighter future

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Setting up your business foundations

Setting up your business foundations To trade as a business, you need to meet the right compliance requirements. It’s certainly not the most exciting part of creating a business, but setting up the right legal, accounting and tax compliance foundations ensures that you’re doing everything by the letter of the law. Here are the main…
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How to improve your essential business spending

How to improve your essential business spending One of your biggest areas of business expenditure will be buying the goods and services that are needed for the company to operate. Whether these are raw materials, wholesale goods or cloud services, you need someone to be in control of this procurement process. Managing your business spending…
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Keeping your business cash liquid – the difference between cashflow and profit

Keeping your business cash liquid – the difference between cashflow and profit The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough sales, at a big enough margin, to generate profit from your enterprise. But how does profit differ…
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Back to Basics: Registering for Value-Added Tax (VAT)

Back to Basics: Registering for Value-Added Tax (VAT) When first setting up your business, there are multiple decisions to make – and a key consideration will be whether to register the business for Value-Added Tax (VAT), the tax that’s added onto the price of certain goods and services. When does VAT registration become mandatory? When your…
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