We are one of the most well-known accountants in Croydon, with a diverse range of skills and experience that offers value to our clients. We've worked in commercial organisations and have firsthand business knowledge.
4 WAYS TO DETERMINE WHO YOUR BRAND'S TARGET AUDIENCE IS
Launching a new brand—product or service—involves a significant amount of risk. Understanding the market landscape will assist you in reducing risk and focusing your brand marketing activities in the most cost-effective manner feasible. One of the most important aspects of a marketing strategy is determining the correct target demographic for your company. Strategies that are too broad to begin with are less likely to succeed than those that are focused on a specific market segment.
Difference Between Being Self-Employed and Having a Limited Liability Company?
If you decide to work for yourself and start your own business, the legal form of your organisation is likely to be the most crucial decision you make. But what's the difference between working for yourself and operating as a limited company? Is there any effect on the tax you pay as a result of this?
What is public liability insurance, and how does it work?
Public liability insurance is a type of insurance that is available to business owners. It safeguards you in the event that a client, a customer, or a member of the public takes your company to court. If your company is sued, public liability insurance will pay for your legal defence as well as any compensation or settlement money you must pay.
How to make your company dormant
We've been getting a lot of questions from founders about how to make their businesses dormant instead of liquidating or going into administration. In this article, we've compiled a collection of the most often asked questions about what a dormant company is, how to make your company defunct, and, most importantly, how to resume business.
Free Cash Flow vs. Operating Cash Flow
Keeping a careful watch on cash flow is a vital component of maintaining your company's financial health for organisations of all sizes. Cash flow can be measured in a variety of ways. Simply comparing the balance of your business's bank account with the balance from one month ago will provide a basic cash flow measurement. However, there are more advanced methods of cash flow analysis, such as operational cash flow and free cash flow. What are the distinctions between these two measurements, though? With this thorough information, you can learn more about operating cash flow vs. free cash flow.
What is Multilevel Marketing (MLM) and how does it work?
Multilevel marketing (MLM) is a sales method that uses a pyramid-shaped commission system to offer products and services to non-salaried employees. MLM is frequently referred to as network marketing or referral marketing.
What are the tax implications of giving property as a gift?
It's a good idea to provide a home or rental income to family members. It's not only generous, but it also has the potential to lessen your personal tax burden while you're alive, as well as reduce inheritance tax IHT for your loved ones after you pass away.
The Differences Between Gross and Net Revenue Reporting
You can choose between gross and net revenues when reporting revenue for a company. While they both indicate revenue, there is a significant variation in how they are calculated. Understanding both forms of revenue is critical because it can provide you a more full picture of a company's financial health and assist you in making strategic decisions. We define gross and net revenue reporting, explain the differences, and present examples of both in this article.
What Does a Personal Investment Company Do?
If you have gathered $5 million to $500 million in liquid investable assets, you may believe that your financial woes are finally ended. However, if you don't invest your money to protect and increase it, you may find yourself in financial trouble and facing an uncertain future sooner than you expect. If you don't want to get caught up in it all, engage a top personal investing firm to protect your assets and develop your wealth over time.
Choosing a Side: Public vs. Private Accounting
People are launching themselves into amazing, fulfilling occupations in droves. On social media, your friends are announcing new jobs, and your favourite blogs are regularly presenting stories of people who have landed their ideal employment.
Definition and Examples of the Matching Principle
To comply with proper accounting rules, financial statements must be calculated and prepared in a specific way when they are interpreted by firms. The matching principle is one such principle. To better prepare documentation with correct reporting, the matching concept must be used. We define the matching principle, explain its benefits, and provide instances of its application in this article.