Monthly Archives: August 2014

Guide To Starting Your Own Business

Guide to starting your own businessGuide To Starting Your Own Business

I wholeheartedly encourage and praise those persons who have the desire to branch out on their own and start their own business – but it is not for the faint-hearted so here is my “Starting Your Own Business Guide”.

The rewards can be excellent but be under no illusion that you will NOT become a millionaire over night, you will no longer have time for holidays or illness and you will be working 16 hour days!

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7 Item Guide To Choosing Your Accountant

Choose the right accountant7 Item Guide To Choosing Your Accountant

Choosing your accountant should be done before you start trading – they will be able to advise you on the legal status you need for the business, help with business plans and cash flow forecasting and they will also be probably the best business adviser you can expect to have. They have a wealth of information from not only the statutory side of things, but also from many different business sectors.

So here, writing this for you as an Accountant myself, but also having been in your position, is my 7 Item Guide To Choosing Your Accountant. Continue reading

Sole Trader or Limited Company

sole trader or limited companySole Trader or Limited Company

So, you’ve decided to be your own boss, well done and welcome to the world of business. It is important to decide on the best legal and taxation structure for your enterprise. The best format for you will depend on your personal situation, your future plans (both from a business and personal viewpoint) and can have repercussions on the way you’re taxed and your exposure to creditors (lenders either financial or through supplies). So, Sole Trader or Limited Company? Continue reading

Data Protection Act – Does Your Accountant Comply?

data protection does your accountant comply?Data Act Protection – Does Your Accountant Comply?

This is a simple question you should ask your accountant or prospective accountant. The Data Protection Act is quite clear on who should be registered – anyone who holds personally identifiable information about any individual, howsoever held so Data Protection Act – Does Your Accountant Comply? Continue reading