You’ve had a vision of your perfect business, you’ve got the skills to deliver, and the enthusiasm to break from the 9-5 and branch out on your own, but have you considered the financial aspects of a new start-up? Many businesses fail in their first year, and few will survive to year five — scary statistics. How can you ensure your business exceeds expectations and celebrates its sixth, seventh, eighth anniversary? There are a few simple steps you can follow to build your bus
In this fast-paced digital age, we must guard ourselves and our businesses from the threat of cyber fraud and online scammers. Phishing emails have become a common occurrence over recent years. Receiving a notification from a reputable source can scare us into handing over our passwords and credit card details. I’ve seen it happen time and again to intelligent and professional men and women. What risks do we face as business owners? Here are just a few examples for you: Telep
We all know that preparing to submit your tax return is one of those jobs that you would rather put off, as there are always other things on the list that appear more interesting or may seem to be of higher priority. However here are eight great reasons why it could pay you to get organised and submit your tax return early. If it’s your first tax return it can take a while to get registered and to receive your login details and so if you leave it until the last minute you wi
Invoicing is something that we get asked about regularly here at Cube Accounting, particularly by businesses that are about to start or who have recently started in business. How do I create an invoice, what does it have to say, how frequently should I send them are just a few of the questions we are asked, so we thought a blog post about invoicing might be helpful. What is an invoice? An invoice is a statement of goods or services provided with a request for payment. How can
Three times before I had hoped to attempt to climb Ben Nevis, but due to a variety of circumstances with members of the group that I was climbing with, we sadly had to rearrange. This time I had my fingers and toes crossed that the trip would happen and I am pleased to say that it did on Saturday 21st July. Our walking group consisted of myself and a group of 3 friends who I climbed Snowdon and Scafell Pike with plus 2 other friends. We set off determined to reach the top a
April 2014 may not mean a lot to many people, but to me it will always be a very special time, as it was when I became self-employed and started my own business. April 2014 was when I set up my own accountancy practice Cube Accounting and it’s hard to believe that it was actually four years ago. So why start my own business? Well, after working in a variety of employed roles in accountancy practices and industry for almost 20 years, I felt it was time for a change. There h