What to watch out for in a commercial lease – tips for small firms
When you take on a commercial property, you probably have a lot of things to worry about that don't directly relate to the property itself - business plans, securing funding,…
15 questions to ask when hiring an accountant for your small business
While selecting an accountant can be a vexing process, especially for a new business startup, it's much simpler if you approach it systematically and ask the right questions. So, to…
What to do if your company is running out of cash
Here are some of the best options potentially available to you if your company is facing a financial squeeze and is running out of cash, along with some ideas on…
A guide to HMRC’s Accelerated Payment Notices (APNs)
If you, or your business, have used tax avoidance schemes in the past, you could soon be receiving an Accelerated Payment Notice (APN) from HMRC. So what should you do…
Salary Sacrifice Schemes – what are the new rules from April 2017?
As a small business, the benefits in kind you offer staff may play an important part in your company’s infrastructure. So, if you haven’t already got to grips with the new salary sacrifice rules, now is a good time to do so.
Profit and Loss (P&L) Accounts – guide for small business owners
When trying to determine the health of your business, one of the most powerful financial tools is your profit and loss account (P&L). This is a simple set of figures…
How to create business cards that make a big impression
Most business cards are about as much use as a scrap of paper with a name and number scribbled on it. That’s fine if you are looking for a date,…
Guide to writing job adverts – for small business owners
Advertising for a new member of staff is something many business owners will need to do. Whether it's because an existing employee is leaving, or a new role is being…
How to deal with share sale disputes
Ben Hopps solicitor in Sykes Anderson LLP’s Litigation and Dispute Resolution Department discusses problems that can arise when buying the shares in a company from a buyers' perspective. The scenario…
21 costly VAT mistakes businesses make on their VAT Returns
With the complexity of the VAT laws it's understandable that businesses make mistakes on their VAT returns. However, these mistakes can be very costly both in terms of paying the…