In the News

Disadvantages of Being a Sole Trader

  • July 5th, 2017
  • When starting a new business, setting up as a sole trader is a popular business structure, as the start-up costs are low and operations fairly simple. Accountancy fees are lower for sole traders and accounting duties less onerous. However, as with all business structures, there will be pros and cons to each. There are of

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    The Benefits of Outsourcing Managed Payroll Services

  • June 26th, 2017
  • Outsourcing business functions has become very popular among businesses that do not want to commit to recruiting for in-house positions, and firms looking to concentrate on growth, whilst outsourcing the time-consuming functions that can prevent focus on other business areas. One of these the popular tasks for outsourcing is managed payroll services. Using an accountancy

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    Free Accountant Advice Via Initial Consultation Offer at Adams Moore

  • June 20th, 2017
  • Sourcing an accountant, whether for a start-up or existing business, can seem like an easy task. A quick search on Google, find a nearby provider and book an appointment. Job done. However, whilst it may appear that all accountants offer the same service: corporate or self-assessment end of year tax returns, VAT returns or payroll services, there

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    Birmingham Businesses Could Better Understand the Changes in Accountancy Services

  • June 12th, 2017
  • Our guide to harnessing the potential of accounting options was featured in this month’s issue of Chamberlink, from the Greater Birmingham Chambers of Commerce. Read below, or click here for the full article in Chamberlink. Businesses need to harness the potential of the changing face of accountancy Engaging the services of an accountancy firm is something businesses of

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    Ways to aid business growth for SMEs

  • May 31st, 2017
  •   Business start-ups entering the marketplace are rising exponentially year on year, many of them lone-person firms with a business growth objective. So when the time is right for business growth, what solutions are available to help? Outsourcing – for business growth, investment in additional resource is usually required. If a business is growing suddenly

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    Using accountancy services in the era of digitisation

  • May 23rd, 2017
  •   Using accountancy services in an era of rapid growth of technology and emergence of automation is as important as ever – business owners just need to be aware of how to get the best from the services available. Like many industries, where digitisation of a variety of functions has taken place, the accountant’s role

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    How to overcome challenges of business start-up

  • May 18th, 2017
  • The challenges of business start-up are affecting a growing number of people, as starting a business or working on a freelance basis is a growing in popularity. This trend has been among people who may have already had an established career, and now want to work for themselves, and young people entering the working world

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    Small business advice and pitfalls to avoid

  • May 11th, 2017
  • Running a small business can hold all sorts of challenges, from everyday operational issues including staff resource and meeting orders, to ensuring good cash flow and adequate planning for the future. Many businesses learn from mistakes made along the way, but there are some pitfalls that are best avoided where possible. Here is some small

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    Cash flow management for a healthy business

  • April 28th, 2017
  • In business, cash is and will always be king – and a primary reason for business failure is running out of it. With some effective cash flow management processes in place, this could be an avoidable situation. The bottom line is, when you’re waiting to be paid by a customer but need to pay out

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    How to deal with letters from HMRC

  • April 18th, 2017
  • There are many considerations and duties a small business owner faces, and some which are more burdensome that others. The issue of compliance with HMRC regarding tax, VAT and other matters dealt with by the Revenue form a significant proportion of these duties and must be taken seriously. For businesses that aren’t following the rules,

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