If you have ever stared at your Profit and Loss Statement and thought, “What on earth does this actually mean?” you are not alone. Many contractors, freelancers, and small business owners see the numbers but miss the story they are trying to tell...
Being a contractor has its perks, freedom, flexibility, and the ability to be your own boss. But with independence comes responsibility, especially when it comes to your finances. Unlike employees, contractors don’t have the luxury of automatic tax...
1. What Is National Insurance And Why You Should Care National Insurance (NI) is not just another boring tax. It’s the ticket to state benefits, the State Pension, certain welfare supports, and more. As a sole trader, your NI contributions help fund...
For many business owners, your accountant isn’t just a number cruncher—they’re a trusted partner who should help you understand your finances, stay compliant, and make smarter business decisions. But what if they’re not delivering? The truth is...
You’ve got a great business idea, a solid team, and a clear vision for growth. But when it comes to attracting investors, passion alone won’t cut it. Investors want proof—numbers, clarity, and financial discipline. The reality? Many promising...
If you’ve ever run a business, you’ve probably heard the terms accounting and bookkeeping used interchangeably. Many business owners assume they’re the same thing—and while they’re closely related, they serve very different purposes. Understanding...