Tag Archives: business strategy

Why is Xero better than spreadsheets?

xero better than spreadsheets

It’s finally the end of a long week. You’re ready to switch off, curl up on the sofa…but then you remember you’ve got to log and organise your business’s finances in Excel or Google Sheets. It’s a time-consuming, arduous chore you could really do without. You started your small business to do what you love,…

Why is it better to have monthly bookkeeping than pay for a cleanup once per year?

monthly bookkeeping

Great bookkeeping is your business’s little superpower. It lays out your financial data to tell a story, mapping out the past, helping predict the future and acting as a compass for those big, growth-generating decisions. But finding the time to keep your books in good order is difficult alongside running your business. Surely you can…

Am I paying too much VAT for my ecommerce business?

VAT for ecommerce

Value Added Tax (VAT) accounts for 17% of the £732 billion of tax revenue collected a year by HMRC. While you’re hyper diligent about not underpaying VAT for your ecommerce business and being hit with costly interest rates or penalty fees, you also don’t want to end up overpaying and losing out on money that’s…

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