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Category: Social Care

your business, changing lives

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Growing a Nursery Business: The Financial Considerations of Expansion

When a nursery reaches full capacity and starts turning families away, it’s both a fantastic achievement and a major business challenge. Do you stop growing and maintain what you have? Or do you expand to meet demand? This is exactly the situation one of my nursery clients found themselves in recently. Just two years after…
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Navigating 2025: Key Considerations for Businesses in the Care Sector

Happy New Year! As we step into 2025, it’s a great time to pause and reflect on the challenges and opportunities ahead for those of us operating in the care sector. Whether you run a fostering agency, a nursery, a care home, mental health support or indeed any another business supporting vulnerable individuals, the start…
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Understanding Trivial Benefits for Staff and Directors: A Handy Guide

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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Planning the Perfect Staff Christmas Party: A Guide to Tax-Free Celebrations

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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Is Compliance dead ? Why My Clients Just Want the Basics—and Why That’s Perfectly Okay

Over the years, as an accountant specialising in the care sector, I’ve often pondered the broader business advice landscape. There’s a lot of buzz in the accounting world about providing more than just compliance work—offering business growth services, strategic advice, and being that all-encompassing advisor that helps clients not just survive but thrive. But here’s…
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Embracing Technology in Care: A New Era for Foster Agencies, Child Nurseries, and Care Homes

Today, I’m diving into the exciting world of technology in the care sector. If you’re running a foster agency, child nursery, or care home, let’s explore how tech, especially Artificial Intelligence (AI), can make your life easier and, most importantly, improve the care you provide. The Rise of Digital Tools in Care Gone are the…
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Strategies for Implementing Cost-Control Measures in Care Businesses Without Compromising Quality

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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Maximising Funding Opportunities for Care Businesses: A Vital Strategy for Growth and Sustainability

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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The Unwavering Commitment of Care Sector Businesses: A Personal Reflection

In the bustling world of business, where numbers often speak louder than words, I find myself in awe of a particular sector that truly embodies the essence of dedication and compassion – the care arena. As an accountant, my professional journey intersects with various businesses, but those in the care sector, such as foster care…
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You’re a business in the care arena – Why you need a specialist accountant in your corner

Your a business in the care sector, perhaps you run a foster care agency, child nursery, care home or any other business in the care sector. Why is it important to have an accountant who understands your sector in your corner ? Here at Balloon Accounting I specialise in helping businesses just like yours. I’m…
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