Records needed to comply with HMRC requirements. Bank statements and detailed description of all transactions. Petty cash – record of all payments and receipts Sales and Purchase invoices Sales and…
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Process mapping was developed in the USA as early as the 1920’s and has been honed and refined by large organisations and business guru’s ever since. It is now the…
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Taken from the Government Gateway website – www.gov.uk 1. Overview You can set up a private limited company to run your business. All limited companies must be registered (‘incorporated’) with…
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10 reasons for a business plan, in no particular order. 1. Benchmark your business Compare key ratios of your business with other similar businesses. Compare the months performance against your original…
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Meetings are vital for management and communication. Meetings create new ideas and initiatives. Meetings are far more powerful than the written word, e-mails or telephone conversations. 55% of meaning and…
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A trading, profit and loss account (P&L) is the story of your Company’s trading over a given period of time.One of the most important objectives of a business is to…
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I’m a big believer in producing an annual budget which requires input from all departments within your company and once created requires all departments to buy into its end result.…
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