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Category: Wellbeing

your business, changing lives

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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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Financial Management Challenges in the Care Sector and Solutions

If you run a business in the care arena, something like a foster care agency, child nursery, alternative education provision, care home you are faced with some unique business challenges. Having someone in your corner who shares your passion rather than someone who just prepares figures after the event can be a real godsend. So…
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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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Nurturing the Mind: The Vital Role of Mental Health for Care Sector Business Owners

Introduction When you’re deeply involved in the care sector, whether running a foster care agency, a child nursery, a care home or any business where your main focus is the care of others you’re not just managing a business; you’re leading a mission. While it’s incredibly rewarding, it’s equally demanding and I believe that it’s…
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Unleashing Your Passion for Care in Your Business: Amplifying the Impact Together

Being a business that helps others, whether that’s a Foster Care Agency, Child Nursery, Care Home, alternative education, you know it takes more than just numbers and management skills to thrive. It’s about having a real passion for making a positive impact on people’s lives and as someone who has been a foster carer and…
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Achieving your goals with the rocks, pebbles and sand mindset

Have you ever found yourself struggling to achieve your goals because you just don’t have enough time to commit to them? Chances are, you’re doing things back to front. Rocks, Pebbles and Sand is a simple, yet crucial, planning concept depicting that we’ll achieve more if we set our annual goals (or ‘rocks’) first, then…
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Does “mindfulness” have a place in business?

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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