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...
by Rachel Leyland | Aug 19, 2025 | Uncategorized
The secret is a simple and repeatable system. Choose two set days each month to focus on bill payments, such as the 1st and the 15th. Mark them on your calendar and treat them like important client appointments. Start by making a list of all your recurring bills with...
by Rachel Leyland | Aug 12, 2025 | Uncategorized
Here’s the golden rule that’ll save you major headaches: each business entity gets its own set of books. If you have multiple businesses with different UTR’s (Unique Taxpayer Reference), they need completely separate bookkeeping systems. Think of it like...
by Rachel Leyland | Jul 22, 2025 | Uncategorized
Here are several key things to look for: 1. Look at the annual fee. Some cards offer great value but make sure the perks actually justify the cost. If not, you might be better off with a no-fee option. 2. Check if the rewards match your business spending. If you...
