Latest News and Updates

Taxpayer Identification Number UK: What It Is and Where to Find Yours
Fourteen fields into a new client's supplier form, everything has gone smoothly. Company name, registered address, IBAN, contact email... Then comes a box labelled TIN, marked as required. TIN stands... Read more

Net 30, Pro Forma and Other Invoice Terms Decoded
Invoices come with their own small vocabulary. A client writes "Net 30" in an email, a supplier sends over a "pro forma," and you end up looking up the net 30 meaning before you can even reply. Net... Read more

Switch Business Accounts Without Missing a Payment
Opening a new business account takes an app, a form and a few minutes of your time. When it’s time to switch business account providers, leaving the old one takes a bit more planning, but the plan... Read more

How to Calculate Working Capital for Your Business
Buying your Christmas stock months early makes sense… right up until you're standing in a storage unit full of boxes with the unit’s rent due next week. Working capital tells you whether your... Read more

How Good Is Your Gearing Ratio?
Ironic, but borrowing money gets easier the less your company needs it. Lenders like businesses that already look comfortable, and one percentage from your balance sheet tells them a lot. That... Read more

What Is a Sort Code and Where to Find Yours
You'll probably type your sort code hundreds of times while running your company, and never once wonder where it came from. Those six digits have a surprisingly long history, and a pretty important... Read more

