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Cloud accounting software such as Xero, Quickbooks Online, Sage One and Kashflow are becoming more popular with businesses. Gone are the days when only the bookkeeper or the accountant could do the accounts because no-one else knew how to use Sage. Web-based software has given business owners the freedom to look at their accounts whenever and wherever they like. …
It may not be a new financial year for your business but there is no time like the present to take a little time to review the costs of your business. Do you know what your costs really are? Here are three areas of your accounts which will probably be worthwhile to review:…
Over the Christmas and New Year break we all have time to take a breather and think about our lives and our jobs and nearly everyone will make some sort of New Year's resolution. Many of those resolutions will be about working for yourself, starting a business and getting a better work/life balance.…
The Christmas and New Year break is a time to reflect on our achievements in 2016 and plan what we can do differently or better in 2017. 2016 for Sandra Silk Bookkeeping was a year of good memories of our achievements, our growth and our team. One outstanding memory for me was being invited by John Glen MP to Westminster …
How do you classify a good customer for your business? Every business will have analyse a good customer differently. In retail a good customer will probably be one who returns time and time again because of what you sell, your prices, your customer service or just because they love your shop.…
Sick Pay is a statutory payment due to employees who meet certain criteria:…
If you are treating your employees to a Christmas party, Christmas lunch or dinner, or giving them a gift to show your appreciation you should be aware of how HMRC views the costs of your generosity.…
The Chancellor's Autumn Statement announced a change to the Flat Rate VAT Scheme which many small businesses use to simplify their VAT record keeping. …
How would your business manage if you were suddenly out of action for a period of time? Have you thought what might happen to your business, your customers, your suppliers and your staff? A friend of mine has been taken seriously ill and is unable to think about, let alone do, any of the financial tasks that are part of running her business and it made me think what would happen to my business if this had happened to me. And then I wondered how many other business owners would be prepared for this type of situation. What things would suffer in your business if you were not available to do them?…
Being in business is about selling a service or a product in order to make a profit. On paper it can look as though you are making a profit however your bank account could tell a very different story. When sales are invoiced they are recorded in your accounts as income but…
239 articles 
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

e: info@sandrasilk.co.uk
t: 01722 341820