Cloud Accounting

Welcome to our Winter edition of Making a Difference with a round-up of the latest news. We all know that talking about the weather is a pre-requisite if you live in the United Kingdom. Rain has been in abundance this year, but how are businesses weathering the Brexit storm? Check out our 5-step crisis planning… Read more

“Hunter Gee Holroyd helped me initially with some training but to be honest the software is so intuitive that it’s now second nature.” Rusholme Grange is a three-generation farm, situated on the banks of the River Ouse outside the village of Drax. Phil and Anne Roberts run the family farm, which mainly grows wheat and… Read more

Simple automated bookkeeping Staying on top of your bookkeeping has never been easier. Claim every expense instantly and say goodbye to storing paperwork and entering data with the Receipt Bank app – the easiest way to get paperwork to your accountant! Save hours of administration every week and do more of what you love. Hunter… Read more

Forecasting sales can seem like guesswork. There are a lot of estimates, and those estimates are often based on assumptions. But you can approach it scientifically. Here’s how. What is forecasting in business? Forecasting goes hand-in-hand with budgeting to help you predict the financial outlook of your business. You start by estimating income (sales) and… Read more

Starting a business is a big financial decision. Before you get going, you’ll want to estimate how much money it will go through, and how much it will make. Welcome to the world of budgeting and forecasting. What is a business budget? Budgets show how money will come and go from your business over a… Read more

Many of the 1.2 million businesses affected by the new rules will be required to submit their first quarterly return to HMRC using software by 7 August. Businesses with an annual turnover above £85,000 are being urged by HM Revenue and Customs (HMRC) to sign up to Making Tax Digital (MTD) before the 7 August VAT filing… Read more

If you can’t get into a flow with your business planning, try doing a SWOT analysis. It’s a great way to organise your thoughts and kickstart the planning process. What is a SWOT analysis? SWOT stands for strengths, weaknesses, opportunities and threats. It’s a way of thinking about your business from the inside out, and… Read more

Are you daunted by the thought of writing a big, formal business plan? You’re not alone. A lot of people start and never finish, but you don’t have to be one of them. You can start with smaller tasks and work your way up. What is a business plan anyway? Think about your business plan… Read more

Eligible businesses with a taxable turnover over the VAT threshold of £85,000 had to register for Making Tax Digital to submit their VAT returns from 1 April 2019. Businesses initially affected by this new initiative include sole traders, partnerships, LLPs, landlords and charities. The start date for some businesses has been deferred to 1 October 2019,… Read more

In the second part of the series we show you how you can test your new business idea before you put it into action. Testing business ideas To help organise your earliest thoughts, think about starting a business from three angles. 1. Customers – Who are they? How will you reach them? Why will they… Read more