Being empowered about your numbers makes you a better business owner, full stop. Purposeful, strategic and solutions-focused accountants for entrepreneurs.
Free registration for the Firmcheck Summer School is now open, catch @FullStopLauren in discussion with @FreshFinancials on July 30th https://t.co/1UbEDGWvOf
Submitting it this month is a key step on the way to being able to have these figures ready month-by-month, so you can save the tax as you go, making it less stressful.
Not inspired yet? Remember, it’s not always bad news, so you could be delaying getting a tax rebate!
There is no risk of late fines with this July 31st deadline, but by looking at our earnings now you can stop the pain of trying to remember something we did 18 months ago!
@FullStopLauren “If you’re unsure if something is a viable expense, HMRC use the phrase ‘wholly and exclusively’. Try it! Ask yourself, is this expense bought ‘wholly and exclusively’ for your business to function?” @FullStopLauren
We’re at #TalkEvent Cardiff today, talking about understanding our business better through our finances. Follow along for @FullStopLauren’s top tools and wisdom
@FullStopLauren “Looking at your numbers is one thing, taking action from them is another. Ensure all of your subscriptions are being used - wasted costs sneakily add up. Ask yourself is there a better system that does multiple tasks for your business.” @FullStopLauren
@FullStopLauren “Lean into automation, systems that stay alert and ready in the background of your business to assist you. Find the best apps and technology that help you free up your capacity to function” @FullStopLauren
@FullStopLauren “As a small business owner we have the agility and control to make quick pivots, implement them and track the change. But you do need a surplus in money, time and energy to be brave in business.” @FullStopLauren
@FullStopLauren “Trends are harder to spot, and what may have been a good month for you last year, may not this year. Use your current numbers to take your next steps, with the help of systems and automated technology” @FullStopLauren
@FullStopLauren “Don’t wait until January 31st to get your self-assessment done, and don’t make big life-changing decisions with those numbers because they’re so out-of-date.” @FullStopLauren
@FullStopLauren “The lies we tell ourselves about our business aren’t always easy to see. But your numbers won’t lie to you. They’re the most truthful advisor for our futures” @FullStopLauren
@FullStopLauren “Ask yourself what the end goal is for your small business and treat yourself as an account code, as a cost of the business. Future plan for sick pay, pensions, holidays, savings etc” @FullStopLauren
@FullStopLauren “Profit enables longevity and sustainability. Small businesses can’t rest on our laurels. Having profit allows you to be brave with your business.” @FullStopLauren