Six important questions to ask when taking on a bookkeeper

Anyone starting a business is going to have high hopes for its expansion and success. It’s easier at the outset when you can keep an eye on all aspects of the business yourself, such as sales and marketing, production, business rates – but once the business is up and running and hopefully doing well it […]

What records to keep if you’re self-employed

If you’re self-employed as either a sole trader or a partner in a business partnership, you’ll need to keep accurate records of your business income and expenses for your annual tax return. Ensuring you’re consistently up to date with your bookkeeping makes it much easier to compile your tax return when the April deadline looms, […]

June Newsletter

June Newsletter Morning/Afternoon We can hardly believe that it’s been 3 months since our last newsletter and we are heading into Summer anxiously awaiting a “heatwave”! We have seen some changes within the team, welcoming Justyna as an experienced bookkeeper and Chloë Gurney as our new junior payroll administrator/admin assistant taking over from Isobel who left earlier in […]

How bookkeeping can help you make better business decisions

If you’re a regular reader of our blogs, you’ll know that good bookkeeping is the firm foundation which underpins any successful business. Organising and maintaining your financial records is crucial to the smooth running of any company, but it’s also an important part of helping business owners make decisions which will have a favourable impact […]

Five tips for streamlining your bookkeeping process

If you are a regular reader of our blogs, you’ll be under no illusions about the importance of accurate business bookkeeping. Without these fundamental building blocks in place, no business, however good at selling a product or service, will maintain a consistent growth trajectory. However, even if your bookkeeping process appears to be running smoothly, […]

Should you manage your own bookkeeping or outsource it?

If you’re a business owner, you’ll know just how important it is to keep on top of bookkeeping. Without conscientious attention to collating receipts, timely invoicing and tax demands, a cashflow problem which could have been easily sorted can spiral rapidly out of control. However, there are orders to despatch, a marketing strategy to plan, […]

Manage your cash flow with effective bookkeeping strategies

Good cash flow management is the mainstay of any business, whatever its size. Ensuring that a steady stream of cash enters your bank account to cover expenses and make a profit can mean the difference between success and failure. A report* last year by Xero, the global small business platform, revealed that the average UK […]

How to create a business budget and stick to it

Your idea for a new product or service is taking shape and the moment is right to set up a business to launch it properly. It’s an exciting time and your head is probably filled with sales and marketing and taking the world by storm. However, there’s one important thing you need to do before […]

VAT Registered – Are you considering it?

VAT registered

What is VAT? Value Added Tax is a government tax on goods and services, and it’s based on the increase in value of a product or service at each stage of production and distribution. The rate of VAT depends on the nature of the goods or services being sold and purchased. It was initially brought […]

March Newsletter

March Newsletter   Over the last quarter the team said farewell to Isobel, our trainee payroll administrator and admin assistant – Izzie will be pursuing her dream equine job travelling the world for show jumping competitions.   This does mean AMR are recruiting for a new member of the team and we hope to have […]