As an employer or director, you might want to show appreciation to your team or treat yourself with a little something now and then. But did you know there’s a way to provide small, tax-free perks without triggering a tax liability? Trivial benefits are a great way to do just that. Here’s a straightforward guide…
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As Christmas approaches, many businesses are gearing up for their annual staff Christmas party. While it’s a great way to reward your team and celebrate the year, there are a few tax implications to keep in mind to ensure your party doesn’t come with an unexpected bill. Here’s a straightforward guide to help you understand…
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In the care industry, where margins can often be tight and the focus on quality care is paramount, finding ways to control costs without compromising the quality of service is a critical challenge. This blog post will delve into effective cost-control strategies that care businesses can implement to ensure financial health while maintaining, or even…
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The care industry plays a crucial role in society, providing essential services to those who need them the most. However, running a care business comes with its unique set of financial challenges, particularly in the current economic climate. One of the key strategies to overcome these challenges and secure the future of your care business…
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A VFO or Virtual Finance Office / Officer, is a service offered by an acountant where they bring the experience and expertise of a high-level Chief Finance Officer and finance suoort to your business – without the cost of hiring a full-time, in-house employee. It is a specialty provided to small and medium businesses and…
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Feeling like a slave to your business implies the loss of control; thinking that you need to be available to your customers 24/7 and that your team can’t cope without you. It can also imply a victim mentality – that this is just what it’s like to be a business owner and that it’s not…
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Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure. Here are three reasons…
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According to Google, which offers employees a course on mindfulness meditation, and Lululemon, a company that keeps a Director of Mindfulness on staff, the answer is a resounding yes. Mindfulness, as American scientist Jon Kabat-Zinn defines it, is simply “paying attention in a sustained and particular way – on purpose, in the present moment and…
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When you start a small business, it’s usually only you or a couple of you behind the whole operation. You wear many hats, from CEO to clean-up crew. In fact you actually wear ten hats but thats for another blog and as you pour your heart and soul into your business and it begins to grow,…
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Business development is one of the most important areas of focus for any ambitious business. If you want your business to grow, that’s going to mean having a razor-sharp focus on new opportunities and strategies. That could mean exploring new markets, or nurturing new partnerships. It might mean diversifying to create new revenue streams, or…
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