Author: Fiona Grant-Jones

16 April 2024

Unlocking efficiency and growth: The benefits of cloud accounting

In business, staying ahead of, or at least up with, the curve is crucial for success. Over recent years, one of the revolutionary tools that has transformed the way businesses manage their finances is cloud accounting.

Categories Small Businesses Comments: 0

14 March 2024

Navigating uncertainty: Key considerations for your business

According to the Office of National Statistics the UK is now officially in recession. Recession is defined as a fall in Gross Domestic Product (GDP) in two consecutive months.
Is it all doom and gloom?

Categories Business Basics Comments: 0

19 February 2024

Adapting to Change: Essential Strategies for Business Success

Businesses that embrace change as an opportunity rather than a threat are better positioned to thrive in today’s dynamic environments.

Categories Business Basics Comments: 0

16 January 2024

Paying off debt – what you need to know

Being in debt – whether a loan taken out or hitting cashflow issues which mean you can’t pay bills on time – can be a millstone round the neck of many small businesses. Here is our advice on quick and easy solutions to help you manage your business debt.

Categories Business Spending & Debt Comments: 0

7 December 2023

Creating a business budget

Having a budget for your business means you can track your spending at any given time, whether it’s a month, quarter or year you’re monitoring. It enables you to look at where your money is going day to day against what your business projections are.

Categories Business Spending & Debt Comments: 0

7 November 2023

Debt Collection – creating a healthy balance

Effective debt collection for any small business means striking a balance between keeping customers happy and being paid on time for the products of services you offer. But how easy is it to deal with late payments and keep on good terms with your clients?

Categories Business Spending & Debt Comments: 0

10 October 2023

Your aged debtors report: what it means and what you should do about it to manage debt

Dealing with debt owed to you can be tricky, and the terminology even trickier. Let’s look at one such phrase that you need to be familiar with if you value the financial health of your business: the aged debtors report.

Categories Business Spending & Debt Comments: 0

8 August 2023

Should Small Businesses Still use the VAT Flat Rate Scheme?

The VAT Flat Rate scheme was introduced in 2002 to simplify VAT reporting for small traders, reducing the time taken to calculate VAT and prepare returns compared to normal VAT accounting.

Categories Business Tax Comments: 0

5 July 2023

Research & Development Tax Relief – exploring your field while protecting your purse

Did you know that if your business has a research and development arm, you can potentially benefit from very generous tax relief?

Categories Business Tax Comments: 0

19 June 2023

The end of super-deduction – what it means for your business

Super-deduction for capital investments has now come to an end as of March this year, but it doesn’t mean you can’t reap the benefits of this generous tax relief, especially if your year end doesn’t fall neatly in April…

Categories Business Tax Comments: 0

9 May 2023

Help – my accountant & bank manager aren’t speaking the same language!

When it comes to working out the difference between your accounts and your bank balance, it sometimes seems that everyone is talking a different language – none of which you fully understand.
Accountants quite often talk about cash, profits, accounting profits and taxable profits all in the same sentence, but you may be asking yourself: isn’t that all just the same thing?

Categories Know Your Numbers Comments: 0

18 April 2023

Making Tax Digital and basis periods

Over the past few years, you will no doubt have heard of Making Tax Digital (MTD) being talked about on the news, particularly at budget time. If your business is VAT registered, then you will undoubtedly be familiar with the term.

Categories Business Tax Comments: 0

8 March 2023

How will changes to Corporation Tax from April 2023 affect my business?

Any business, large or small, has to pay Corporation Tax. From 1st April 2023 there are some changes which are going to make a difference to what a business has to pay. So, if you run a small business, how will the changes impact you?

Categories Business Tax Comments: 0

22 February 2023

Can you reimburse electric car mileage above the advisory rate?

When your employees travel for work you have to reimburse them for their mileage but this is complicated when it comes to electric cars.

Categories Business Expenses Comments: 0

12 December 2022

Is a staff Christmas party a business expense? Is it tax deductible?

Providing an annual party for your employees is a great way to thank them for their hard work and Christmas is the most popular time for companies to show their appreciation. The good news is that the parties are exempt from tax and National Insurance, based on three main stipulations…

Categories Business Tax Comments: 0

7 November 2022

Leading People Through Change

Does everything seem back to normal to you? Do we have any idea what normal is anymore? After two years of not knowing which way is up, getting back to some semblance of normality is a priority for most businesses.

Categories Post Pandemic Next Steps Comments: 0

5 October 2022

Growing out of the Pandemic – Systems and Processes

From first idea, then getting the basics set up, creating and delivering your product or service, establishing yourself in your marketplace and then year-on-year growing your business and a loyal customer base, there is a lot to do – every day.

Categories Post Pandemic Next Steps Comments: 0

6 September 2022

Dealing with Uncertain Times

In the business world, the only thing that is certain is that every business faces uncertainty! This has never been so true in 2022. Few companies have control over future events like price fluctuations, market crashes or recessions. And nobody saw the complete change of working practices, or worse, closure during the pandemic hitting businesses so hard.

Categories Post Pandemic Next Steps Comments: 0

9 August 2022

Tools for Post-Pandemic Business Growth

Now that the pandemic has shifted gear and as a business owner you’re adjusting to a new way of working, moving your business on to the next level may need some careful thought.

Categories Post Pandemic Next Steps Comments: 0

5 July 2022

The Grant-Jones Accountancy Values

Ever since its inception as a business Grant-Jones Accountancy began with the simple vision of being an extraordinary accountancy firm working in partnership with small business so they can achieve great things. That vision has stayed with us now for 16 years and will be our guiding light into the future.

Our values are the same – simple and straightforward. We’ve used the acronym LEAVES to make it clear what we hold dear.

Categories Business Values Comments: 0

7 June 2022

Living Your Values

Creating company values isn’t always easy but having the right values that make sense to you and your business and will stand the test of time is crucial if you want to be taken seriously. Values really matter to customers. Let’s look at why…

Categories Business Values Comments: 0

9 May 2022

You Have Values – Now What?

So, you’ve sat down and gone through all the things that matter to you, you’ve brainstormed, you’ve included all the people who matter, you’ve added your values to your website and marketing materials. Now what?

Categories Business Values Comments: 0

7 April 2022

Defining your values

What if I said to you that the owner of a business believes being ethical is one of the most important things to them as an individual, and yet they routinely use unethical practices in their business dealings. It wouldn’t ring true, would it?

Categories Business Values Comments: 0

7 March 2022

The Value-led SME – Why Values Matter

Company values are a set of beliefs or principles that guide how a company does business. Why is it so important that companies have them, even when they sell products and services that customers want and need regardless of their principles?

Categories Business Values Comments: 0

22 February 2022

Shout about your difference

Many businesses have well thought-out USPs and stand head and shoulders over their competitors for what they offer. But all too often I see people get shy about advertising their difference. Here are some tips to get you started in broadcasting your differentiators.

Categories Your USP Comments: 0