Christmas. Full of festive cheer, food and celebrations. It’s an exciting time of year and one to be spend with our loved ones. A happy series of events at the time with a stressful aftershock for most of us. Christmas spending is an issue for a huge proportion of us. We’ve put together some of our best advice for recovering from the annual Christmas spending hangover. 7.9 million of British people fall behind with their finances in January due to the effects of Christmas spending. If you remember wondering just how you spend THAT much last year, this year you
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Top Tips For Recruiting
As a growing business, one of the many steps you’ll take is employing new staff. Doing this for this first time can seem daunting and having a little guidance will go a long way. Here we give you our best tips on how to ensure you’re recruiting right. Decide a wage Take a look at your accounts and work out how much you can realistically afford to pay a member of staff. Ensure it’s not going to leave you struggling or scraping the barrel at the end of the month. If your budget for a wage is smaller, it might
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Start of the Year Checklist for Business Owners
As we approach the end of this year, it’s the perfect time to sit and reflect upon your business finances. Whether you’ve struggled or exceeded your expectations, it’s time to start making your next steps to improve next year. What was successful and brought in lots of profit? What didn’t go as well and requires further thought? Thinking about these things allows you to carefully consider your future goals and create realistic targets for your business. Reflection can only get you so far though and there are other steps you can take to ensure success next year. Get your taxes
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Company Owners: How to Pay Yourself a Salary
Setting up a company is both stressful and exciting, you’re the owner of your very own business. Something you’ve built and something you have autonomy over. You can hire who you want, you can operate your way and the money is yours. However, what a lot of people underestimate is how important it is to pay yourself a salary from said money. There are many benefits to paying yourself a salary, most importantly it makes it easier for you to track your company finances and allows you to budget in your personal life too. As well as this, paying yourself
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How To Prepare For Christmas Sales
No matter what your feelings on Christmas are, Christmas stock is appearing in the shops earlier each year. As soon as Halloween stock is out of the stores, you can guarantee to see the Christmas products. Thinking from a consumers’ point of view, you’re probably thinking it’s too soon. As a small business owner however, it’s not too early. If Christmas hasn’t crossed your mind yet, you need to think about it – and quickly. Take full advantage of the most lucrative time of year for the majority of businesses. Supply what your customers are demanding Personally, you may loathe
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