Business Planning

Cash Basis Accounting

Accrual Basis vs Cash Basis Accounting: Pros and Cons

Every person’s dream is to grow his business and make a name for himself in the business world. Accounting is an essential aspect of any business’s success. A suitable accounting approach can help you expand your business. Accrual and cash basis accounting are the most used accounting methodologies for recording accounting activities. In this article, …

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Methods of Valuation

How to Value your Business? Methods of Valuation

Calculating the worth of your business is crucial to determine its financial health and to make important decisions. Whether you’re buying, selling, expanding, or simply running a business, you need to know its value to make decisions accordingly. However, with the different methods of valuation, it becomes complex to choose the right one to know …

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Understanding Invoices_

Understanding Invoices – Why Businesses Must Keep Copies

Invoices are necessary for any organisation that transacts with other entities. It serves as a record of sale that verifies the payment agreement between clients and the business. Business invoices must be kept and recorded because it also serves as proof that an exchange of money and goods or services has taken place. To learn …

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How Budget Affects Your Small Business

How the 2021 Budget Affects Your Small Business _ A Guide

The government releases the Budget statement yearly to outline the local economy’s status. It also plots out where the money will be spent and forecasts how the economy could perform in the future. Last March 3, 2021, the 2021 Budget was presented by Chancellor Rishi Sunak, and it contained information that will directly impact small …

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Fixed assets

A Basic Guide on Fixed Assets – What Businesses Need to Know

Your business’s asset management is an important aspect of running your operations. It ensures you get significant returns on your investment to address particular needs. For example, you may need to spend money on a printer to make your receipts and promotional materials, meaning you must ensure any costs that go into keeping your printer …

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marketing strategies

Work Up Your Marketing Strategy by Knowing these Customer Truths

If you’re looking forward to finding out what marketing strategies will work for 2021, you might want to revisit 2020 to figure out what worked and what didn’t.  Although 2020 may not be a sound financial year for many businesses, it taught us many lessons. Its time to take a look back at all some …

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Top Business Recovery and Resilience Skills that Help in the Pandemic 

Top Business Recovery and Resilience Skills that Help in the Pandemic 

When you take a look at the current scenario, you clearly observe that the work home trend is here to stay for a while. So what are the best tips and tricks that help one get their Accountancy practice right in times like these. What are the list of things you must bear in your …

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Cross-Selling

Here’s your Detailed Guide to Cross-Selling and Up-selling

Nowadays, salespeople are not the only ones responsible for closings. If you’ve observed, companies are onboarding Customer Success Managers (CSMs) that work on increasing the revenue of the customers. Sales can become one of their additional growth strategies. Cross-selling and upselling is one strategy every salesperson must include in their marketing plan.  Cross-selling and upselling …

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customer interaction tips

Top Customer Interaction Tips that Actually Work

Your customers have high expectations for your product/services. If your product/ service disappoints them, they’ll end up with your competitors. There are other contributing factors to such decisions too. Your customers like instant help. Trust us when we say this, it’s tough to say no to easy help. If a company has an extremely receptive …

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Financial Elements that your Business Needs to Get Right

Three Financial Elements Your Business Needs To Get Right

Businesses with disregarded financials have an extreme hindrance on the lookout, and regularly neglect to make maintainable progress. With that being the situation, we might want to cause the notice to three monetary components of your organization that can be effortlessly made with a touch of consideration, yet can imperil the endeavour if not oversaw …

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Registered Office Address London

Distinguish Between a Registered Office Address and a Business Address

In these COVID times, you’re left with no other option, except operating through a virtual office. While you’re looking forward to enabling this flexibility for yourself or your employees, you need to figure out whether you need Registered Office Address London or a business address. Even if you’re a freelancer or digital nomad, you as …

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financial advisor

Plan Your Long-term Financial Security With Right Financial Advisor

Getting your financial goals with a financial advisor may sound strange for some of you. You may consider them a luxury. But in simple terms, these individuals help you achieve your financial goals by telling you where and how to spend your money.  Getting a professional hand involved in your financial affairs is not a …

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Temporary Event Notice

How to Apply for a License for Events and Businesses

Planning an event is a whole task and needs attention if you want it to be successful. There are a number of procedural and other norms that you need to go through before finalizing everything. This includes obtaining permissions and licenses for event-related specific things. It is normal to obtain more than one license for …

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Business Planning

Business Planning for 2021- Know What Works and What Doesn’t

You need to know all the figures that’ll contribute to your business planning for next year. All that research is important to help you out with the latest trends that are some way or the other making you lag behind in the competition.  According to research, 50% of business owners don’t have any plan when …

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