‘HMRC’ tax refund fraud: beware of phishing emails
Fake ‘HMRC’ tax refund emails are once again flooding inboxes. We’ll show you how to spot a fake tax rebate email. According to Wikipedia, “Phishing is the attempt to obtain sensitive information such as usernames, passwords, and credit card details (and money), often for malicious reasons, by disguising as a trustworthy entity in an electronic communication“. And the time when bogus emails were poorly […]
Budget 2017
On 22nd November 2017, the Chancellor Philip Hammond delivered the Autumn Budget 2017. Mr. Hammond tried to send a positive message during his Budget speech, but his announcements particularly did not convince ordinary people who have been affected by Brexit long period of uncertainty. Any product or service being sold in UK is becoming more expensive […]
What is expected from the new generation of accountants?
No-one can be expected to predict the future – but as tech-savvy human beings, we must always keep up to date with the pace of technology. We must constantly evolve as quickly as we can to avoid being left behind. Managing a business is no different: being behind means being out of business.I’ve run an […]
How much do you need to start up your business?
In my opinion, lack of funding is the main reason many startup businesses fail or do not even start trading. I have seen many potentially successful businesses in financial difficulty because the entrepreneur did not calculate how much money was needed to set up the business and keep the business trading, especially in the first […]
Want to sell your fish? You’ll need to know how to catch them first…
Most of the entrepreneurs I know are very good salespeople. The vast majority of business owners I have been in contact with tell me that they attach more importance to selling to a potential client than finding the ideal client for their business. But in my opinion, attracting, finding and reaching out for the right […]
9 great ways to raise money to start up your own business
Imagine you’ve had a business idea recently. You’ve prepared your business plan and you know how much money you will need to invest in your business to launch it. But you’ve realised that you don’t have enough money to start. You think about how other entrepreneurs have overcome the same financial challenge when they started […]
Should you start-up your business from home?
We know of many successful entrepreneurs who started their business from home. Steve Jobs from Apple is perhaps the most famous example. I have given advice to many people in the UK looking to start their business from home.The first thing you need to be aware of is that you can’t start just any business […]
Does your business suffer from Seasonality?
Does your business suffer from an increase or decrease in sales during particular days, weeks or months? If it does, you are not alone. Most of the businesses I have given consultancy or get involved with in a way or another suffer from seasonality. Factors such as the weather or holiday periods can affect your business performance.Seasonality is a […]
How can you reach your business goals ?
Being happy and living a fulfilling life is a personal desire shared by each of us. Even though most of us don’t write down our personal and business goals in any form of proper document, we all have a list of personal wishes and desires.Our actions today will influence what we will achieve tomorrow. I […]
A business without a recipe is a recipe for disaster
I am sure that, as your business grows, the number of employees will also increase and quite often you will have some sleepless nights thinking “what the hell I am doing?”. You go to bed at 11:00pm and at exactly 2:00am you are still thinking how you will be able to manage and make some […]
