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AI is taking the world by storm, whether we like it or not. If you are a businessowner, it is arguably prudent to look at embracing it, rather than ignoring it or writing it off as something that doesn’t affect you. Businesses that work out how..

There are several ways a company can allocate the profits from the business to the shareholders – salary, drawings or dividends. However, clients are often uncertain about which option works better. If you need a reminder about the difference between salary and drawings, have a read..

No matter what type of business you run (retail, hospitality, commercial rental, professional services, or product manufacturing), it is important to manage your cashflow. Many businessowners focus on the profit made for the last financial year and use this as an indicator of whether or not..

Solvency is a subject that can be challenging for our clients and can cause some distress when not understood correctly. This is not a very festive subject, but it's important to address it during these uncertain times we are currently going through.What is a solvent..

In today’s business environment, real-time financial visibility is no longer a luxury - it’s essential. Yet many business owners still treat accounting as something to look at once a year, often relying on outdated spreadsheets or systems that weren’t designed for the demands of a..

Today I'm going to talk to you about the Government Budget which was delivered yesterday, Thursday 16 May 2013. It's being called the Bland Budget because ultimately, it didn't really rock anyone's world.  It's not an election year and so no real goodies were handed..

Below are my final seven financial tips. 1. Staying on top of the IRD This is my 29th year in business.  Over that time, I've met many people and dealt with a myriad of issues.  Here's one thing that's common amongst them all – no..

There is a significant misinterpretation and misunderstanding between the role of a bookkeeper and that of an accountant. If you don’t know the difference it can negatively impact upon you (possibly seriously). But if you understand each role and utilise them appropriately, it can be..

From time to time clients contact us to ask what their employees are entitled to with regard to annual leave and sick leave.  This is obviously an important thing to get right, for both employers and their staff. The Labour Party made a promise before the..