What’s the difference between cash and accrual accounting? Cash accounting is all about money in and out. Accrual accounting is all about invoices issued and bills received. What are the two methods? Understanding cash and accrual accounting comes down to timing. In a cash-based accounting system you recognise...
Automation is an important way to ease your business workload. Fortunately, technology and software automation can go a long way towards automating the low-level admin tasks. There are a host of different business apps and cloud solutions offering ways to automate your admin. Better...
You’re in business, congratulations, that takes courage and commitment. It’s not easy, and at times you might find yourself questioning why you’re even doing it, but you’re here because you had a vision. You decided being in business was a better way to achieve that vision...
Making your business stand out in a crowded market can be a challenge, but differentiating your business with a unique selling point (USP) will be key to attracting the right customers and giving them a reason to choose you over a competitor. Giving your company a...
A great idea is the starting point for any business – and these ‘lightbulb moments’ drive the ambition and entrepreneurial spirit of the start-up community. But before you bring your idea to market, you need to know why you’re in business – and be confident...
In the online, connected world that we now live in, it’s important for your business to be digital. Digital technology has revolutionized the options you have available as a small business, with a wealth of cloud-based solutions and apps helping to automate the admin, enhance...