You know you need some help with your business’ finances. But what kind of help is right for you? Often, business owners think the most important choice is whether they hire an outsourced bookkeeper or accountant. Really, what’s most important … Continue Reading
We’ve collected together all the questions we get asked and answered them all.
If you’re looking for information about Bookkeeping and the Cloud, chances are our FAQs page will be helpful.
When you find a tool that makes doing business easier, more efficient and enjoyable, you don’t keep it to yourself. If you haven’t met already, let us introduce you to Slack: a digital messaging app for businesses. We’ve been using … Continue Reading
As a switched on business owner, you’re always looking for new tools and systems that can help improve what you do. At Fresh Financials, we’re the same way. That’s why we use Minutedock. MinuteDock is a time entry service that … Continue Reading
There are many benefits to hiring an outsourced bookkeeper for your business, like to save time, increase accuracy, and gain greater knowledge. A bookkeeping service will also reduce your stress, but only when you’re confident your financial data is in … Continue Reading
As a business owner, knowing the financial position of your business is crucial to success and growth. Knowing the difference between profit and cash really is key to understanding your finances, enabling you to make plans and move forward. But … Continue Reading
It is important to make the distinction between your company’s revenue and capital expenditure so that a true reflection of the company’s profitability can be correctly shown on its financial statements. Because you are charged tax on your profits (and … Continue Reading
Knowing how your business is performing is vital to making financial decisions and being empowered to explore new opportunities. It’s not unusual for business owners to use their Profit and Loss account (P&L) and Balance Sheet to gauge business performance, … Continue Reading
The government has replaced the Coronavirus Business Interruption Loan Scheme (CBILS) and Bounce Back Loans with a new initiative to help businesses get back on their feet: the Recovery Loan Scheme. We know what you might be thinking – another … Continue Reading
Restart Grants are now live – you need to apply through your local council. Here is our understanding of the Restart and Discretionary Restart Grants available: You may be eligible for a Restart Grant. If your business sector was mandated to … Continue Reading
Planning for a pandemic is not something we would ever hope to have to use. But it is possible to plan during uncertain times, and being prepared is crucial because it can help to ensure your business can continue and … Continue Reading