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Businesses are generally started by enthusiastic entrepreneurs who either want to create something which can grow and has value or create a work/life balance for themselves.  Whichever it is there are lots of things the business owner needs to be involved with which may not have occurred to them during the excitement of starting a business. As a bookkeeper I know that finance is one of the most important things that a new business owner needs to understand.…
One of the many things I love about working with the variety of clients we have is being able to recommend them to each other.  We work with very few businesses which offer the same service so the opportunities to recommend are extensive. As a business we use our clients to provide services…
The last couple of years have got busier and busier for us.  Lots of new enquiries, lots of new clients and lots of one-off Xero training but with MTD looming I decided at the beginning of this year we would not take on any new clients for a few months.  As lovely as it is…
In their simplest form management accounts inform the business owner and managers (where appropriate) of the key numbers for their business.  Every business is different and whilst some key numbers are important in every business each business might like to keep track of a different aspect of their business.…
As a business owner how often do you review the costs going out of your business or do you rely on someone else to do that for you? Costs reduce your profit so you really need to understand exactly what running your business and creating your turnover is costing you. These are our tips for checking your costs…
One of the services we offer is Xero training.  There are many businesses using Xero who may be unsure of whether they are using it effectively for their business.  Or they may feel they are not using the software to its full potential.  If you are using Xero in your business and you would really like some help to use it better we have some bespoke training sessions available for you to book in August.…
If you are taking on people to help you in your business you need to know whether they will be a worker or an employee.  Worker and employee are two different statuses of employment and each have different rights which a business owner or employer should be aware of. So how do you distinguish between each employment status?…
If you are a provider of services to your customer how often do you review the service you provide to them?  Are you providing the service they want or the service you think they want?  Do they know what they want or do they trust you to provide the service you think they should have?…
I have worked with Xero since 2011 and whilst it is not the only software we use it has become more popular both with our customers and our bookkeepers.  It is user friendly and is generally quicker to work with than traditional desk top softwares.Whilst there are lots of positives to using the software there are some negatives too which it is worth being aware of.…
HMRC have numerous tools and calculators available on their website.  Whether you want to get an estimate of the tax you may have to pay in the current year, your Statutory Maternity Pay entitlement or whether you want to find out if you qualify for tax credits there will be a useful calculator for you.  The tools cover a wide variety of topics but the most recent one is about Preparing your Business for the UK leaving the EU.…
94 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