by Rachel Leyland | Oct 7, 2025 | Uncategorized
When it’s set up properly, you get clear financial reports that make decision-making easier. But when it’s messy, it can: Hide the true picture of your business finances Lead to miscategorised transactions and duplicate accounts Cause you to miss out on valuable tax...
by Rachel Leyland | Sep 23, 2025 | Uncategorized
Here are some mistakes we’ve actually seen clients make that ended up costing them a lot in clean-up fees: Mixing personal and business expenses, which makes it harder to know your true financial position. Forgetting to reconcile bank accounts, leaving errors or...
by Rachel Leyland | Sep 16, 2025 | Uncategorized
Here’s a simple example for a service business: Imagine you run a consulting business. Your fixed costs like rent, software and insurance are £4,000 per month. You charge £200 per session. Your variable costs such as materials, travel or admin support are £50 per...
by Rachel Leyland | Sep 9, 2025 | Uncategorized
Here are a few options to explore: Xero Easy to use and made for small business owners. It’s cloud-based, so you can log in from anywhere, send invoices on the go and connect your bank account for quick reconciliations. QuickBooks Online A great option if you want...
by Rachel Leyland | Aug 26, 2025 | Uncategorized
Let’s break down when it’s the right time and how to handle payroll without losing your sanity. You’re ready to hire when you’re consistently turning down good work because you don’t have time. If you’re working 60+ hour weeks for...