Financial Strategies

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What Happens If I Miss MY PAYE Payment?

Where ever you will go, no matter what your status is, you cannot avoid the responsibility with tax. It can be your most significant contribution to the community and your duty as compliance with the government, or so they say. This article will also discuss paying an income tax through PAYE (Pay As You Earn) …

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10 Tips for Establishing a Successful Online Business

There’s no better time than now to start an online business. As we know it, life has now adapted to this new normal of social distancing and staying indoors. With the Coronavirus crisis affecting the whole world, human behaviour has drastically changed towards an online presence instead of a physical one. E-commerce websites are fast …

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The Best Challenger Bank Accounts for Business

A new financial service to aid your business ordeals has come into town. Challenger banks not only offer to store and safely keep your money—they go the extra mile.   They are providing individuals with the best services, specializing in the areas that big, established banks neglect. But which one is the perfect fit for …

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The New Online Business Banks—Tide

Navigating the financial operations of a business requires knowledge and much patience. Writing checks, mailing physical invoices, and collecting payments take a good portion of an entrepreneur’s time—time that could have been spent focusing on other branches of a business. Luckily, modern technology made everything easy, including financial management via online banking. In this context, …

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What is Annual Accounting VAT?

The Annual Accounting VAT scheme is one method of paying VAT designed to reduce the administrative burden on small businesses. VAT-registered businesses usually submit their VAT Returns to the HM Revenue and Customs (HMRC) four times a year (quarterly). Still, with this scheme, your business is required to submit only one VAT return per annum. …

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Everything You Need to Know About Your Business’s VAT Taxable Turnover

For most business owners, the Value Added Tax (VAT) is a source of administrative pain. VAT is a consumption tax charged by businesses on goods or services at the point of sale, paid by the end consumer instead of the company that sold the goods or services. This is why it takes a lot of …

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Best Business Credit Cards

Before starting a new venture, entrepreneurs know that one of the industry’s best practices is to separate business and personal finances. To do this, owners need to apply for a separate business bank account, savings, and a credit card. Business credit cards are known to be convenience providers during company-related purchases, especially where large and …

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What Metrics Should I Use To Track My Business

Venturing out into the business industry can be quite overwhelming, especially for a neophyte entrepreneur. Its first years tend to become chaotic and messy as you try to weave your way through it. The beginning is where you discover what works for your business and what areas need improvement and looking at what metrics should …

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5 Steps to Balance Selling and Serving Your Customers

Suppose you are growing and managing your own business, especially in the early stage where the business’s team means you. In that case, it can be challenging to balance your focus between hitting your sales targets and serving your customers or clients. Here are 5 Steps to Balance Selling and Serving Your Customers.     …

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How to Create Profit Like Jeff Bezos: Three Things to Do Today

In an unprecedented surge of revenue during the Coronavirus crisis last year, Amazon owner Jeff Bezos is now gaining more attention and attracting more followers. Following the 2020 Q1 release of the retail giant’s earnings, Bezos said in a statement that even with at least 30% revenue increase across all brands, investors should not expect …

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