info@sandrasilk.co.uk
Call us on 01722 341820

Matching "Business" Tag

82 articles 
First | Prev | [ 1 ] | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Next | Last
I have been asked several times recently how much to pay someone both in terms of a new employee and as a pay rise.  There are really 3 things to consider when you are deciding what to pay:…
Some businesses have always added a surcharge to cover the cost of the fees charged to them by the companies who process debit and credit card transactions but from 13th January 2018 they are no longer allowed to add a charge to payments they take by card.…
If you want to expand your business you need people to support you as there is no way you can do everything yourself.  But it seems that business owners are reluctant to employ anyone and would rather use an associate or a consultant than commit to someone joining their business.  Even if they need someone to do the day to day administration it has become more common to use someone who is self-employed.  Why is this?…
Before you start your business you need to decide whether you will be a Sole Trader or a Limited Company.  Or you may choose to be a Partnership rather than a Limited Company if there are two or more business owners.  It can be confusing and many business owners opt for Limited Company status without really understanding what is involved.  …
I have been providing bookkeeping services to individuals and businesses for more than 14 years now and one of the biggest surprises to me in the first few years was to be told that I was a good bookkeeper.  I was surprised because shouldn't all bookkeepers be good?  Keeping accurate records and understanding the financial aspects of a business is what bookkeepers do and whilst we learn different areas of bookkeeping for different businesses the foundations of our learning are still the same.…
Businesses should have a separate bank account for their business transactions as it will make preparing their accounts so much easier. Trying to extract business income and costs from a personal account takes a lot more time and if you needed to prove any business transactions when applying for a loan, for example, they would have access to your personal spending habits too.…
Being a business owner comes with a variety of challenges.  The list of jobs to do is never ending even if you do outsource some of them. There are still many things which you just know you have to do yourself. Sometimes being a business owner can feel like being on a treadmill endlessly moving from task to task without actually moving on.  …
Bookkeeping is defined as "the recording of all financial transactions".  Sounds simple but if that was the case why is bookkeeping a career with qualifications ranging from Level 2 to Level 4?   The financial transactions of a sole trader's business to those of a huge organisation vary enormously but whatever level of transactions there are bookkeeping principles to follow.  A sole trader business can be just as complex as a limited company business, maybe more so in some cases - we certainly deal with sole traders who have high value businesses and large numbers of transactions as well as limited companies who have very…
Last week HMRC finally announced their revised plans for Making Tax Digital (MTD) after it was put on hold whilst the election process took place.  Originally MTD was to be implemented for businesses over the VAT registration threshold from April 2018 but this now won't be mandatory until April 2019.…
It is surprising how many emails I receive asking how much we charge for bookkeeping.  Of course that is the uppermost thought when deciding to get some outside help with something.  How much is it going to cost me? But how can I give you a price when I have no idea what you need, what your business does, whether your accounts are up to date or in a mess or whether you have a VAT return due next week. We do not have a "one price fits all" package. …
82 articles 
First | Prev | [ 1 ] | 2 | 3 | 4 | 5 | 6 | 7 | 8 | Next | Last
Copyright © 2018 Sandra Silk Bookkeeping and Business Services Ltd  |  All Rights Reserved
Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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