Latest News and Updates

Profit vs cash flow explained
There's an old riddle about a tree falling in a forest with nobody around to hear it. Running a business comes with its own version. If your company makes a profit and none of it is in the account,... Read more

Can You Charge Interest on a Late Invoice?
You sent the invoice on the first of the month. Six weeks and two reminders later, the money still hasn't landed. For most business-to-business invoices in the UK you have a legal right to charge... Read more

Know your worst month before it arrives
Payroll went out this morning, rent is due at the end of the week, and you're doing sums in your head to work out if your biggest client will pay before the VAT bill lands. Mental maths gets you... Read more

Is a multi-currency business account worth it?
Check last month's invoices against what landed in the account, and the numbers probably won't quite match. It's easy enough to write off as background noise. A conversion here, a transfer fee there,... Read more

Sole Trader or Limited Company? What’s the difference
Most people start out as sole traders because it's the quickest way to get going. Then the work picks up, and the sole trader vs limited company question comes up. The answer matters. It decides what... Read more

What Is a Chargeback, and What It Costs Your Business
A refund is something you choose to give. A chargeback is something a customer takes back through their bank, without asking you first, and if your business takes card payments, you'll run into one... Read more

