by Shoaib Aslam | Nov 10, 2021 | Financial Advice, Small Business Advice, Startup Advice
Even the young entrepreneur operating a lemonade stand knows that, when sales are up, business is doing well, and when they’re down, more marketing is needed. This metric of sales and gross income are known almost instinctively by anyone starting a business. That’s...
by Shoaib Aslam | Oct 20, 2021 | Accounting, Financial Advice, Small Business Advice, Startup Advice
A lot goes into starting and running a successful business in the UK. From having a great business idea to writing an excellent business plan, to keeping your accounting up to date, there’s a lot that UK SMEs need to know. It is vital for entrepreneurs and business...
by Shoaib Aslam | Aug 19, 2021 | Accounting, Financial Advice, Small Business Advice, Technology
What is QuickBooks online? QuickBooks is an accounting software developed by Intuit, a USA-based tech company specializing in financial software. QuickBooks was first a desktop application, operating locally on the premises. But, as has happened with most accounting...
by Shoaib Aslam | Aug 2, 2021 | Financial Advice, Small Business Advice
If you’ve ever tried to do your own accounting, you’ve no doubt run across the plethora of financial reports and statements that exist. But there are three financial statements which are more important than all others. They are: Profit & Loss StatementCash Flow...
by Shoaib Aslam | Jul 27, 2021 | Accounting, Financial Advice, Small Business Advice
Perhaps no word elicits more confusion in the financial world than “equity.” Although the dictionary has several specific meanings for the word, those meanings have changed and morphed. Equity means one thing in accounting, something different in the stock market, and...
by Shoaib Aslam | Jun 22, 2021 | Financial Advice, Small Business Advice
Although there are numerous benefits to registering a private limited company, one of the drawbacks is the requirement to prepare and submit Company Accounts every year. And there are penalties if the filings are late. Many small businesses and micro-entities feel...