Effectively managing your cash flow is paramount during these unsteady times. But unfortunately, late payments are a long-standing issue for small businesses and employed. In the majority of cases, clear communication is all it takes to settle an invoice. Issuing late payment letters is a critical part of the debt recovery process, especially if the situation escalates later down the line. I know too… Continue reading How to Chase Overdue Invoices
I know what you’re thinking. “An email signature? Really?” Yes! A lot of messaging by businesses is done via social media nowadays, but emails have long been (and will remain) a crucial way to communicate between businesses and clientele. Having an email signature is an opportunity to promote your business further. How does this work… Continue reading Email Signatures – Why are they important?
By Emma @ YGF Like most things, accounting is easy when you know how. But mistakes that run undetected for months, or even years, can cause your business to lose money! Your accounts give you basic information upon which you make decisions about your business. For example, “What are my sales?”, “How much money is in the bank?”, “How much money am… Continue reading Accounting mistakes which could be costing you
By Emma @ YGF As a fully qualified AAT member, I have been working on VAT for more than 20 years. Despite my experience, like others I’m sure, there are still areas where I need to look a little deeper into the rules for some advice. In this blog you'll see me using the word ‘business’. This covers both companies and sole traders.… Continue reading 8 Common VAT Errors Made by Small Businesses & Sole Traders
Have you been wondering how a virtual assistant could help you and your business? Here's our top 5 favourite reasons.. 1. Flexibility - you don't need to commit to providing enough work for a full time employee. Meaning you can increase your outsourced work and pull back as and when needed! 2. Increased productivity -… Continue reading Top 5 Reasons to Hire a Virtual Assistant
So many of us are feeling the pressure and impact of the Coronavirus outbreak. Unfortunately, small businesses and the self employed have taken the biggest hit, such as your favourite local independent cafe. Many are working so hard to either adapt their offerings to bring in more customers, or are trying to find ways to… Continue reading The Virtual Assistant: the secret to keeping your small business afloat