How do you thank clients and staff at Christmas? If you are in quandary as to whether it’s all worth it, our latest article should help. It’s certainly not long to go, but there is still time to send clients and your team a Christmas message or gift. It’s a...

Making savings to reduce the running costs of your business could be ‘make or break’. Figures suggest that the number of companies going bust this year could be the highest since the financial crisis of 2009. Statistics also show that insolvencies rose 10% from a year ago in the three...

Payroll management is a vital and fundamental element of running a business and it is paramount that you avoid making payroll mistakes. It is important that payroll processing is carried out accurately and is compliant. You will want your employees to be paid correctly and on time and you will...

Here are team4’s top bookkeeping tips for small businesses, as we know that running any company is not straightforward. It’s key that you get those accounting decisions right from the outset. As a small business owner, you will probably find that you are trying to keep a lot of plates...

In a competitive and ever changing business world, marketing can make or break a company, but how much should you spend on your marketing budget? There is certainly no one-size-fits-all answer to that question. In this article, team4 looks at what a marketing budget involves, the criteria you should use...

So, how much does it cost to work from home? The pandemic gave us a once-in-a-generation opportunity to change and reimagine the ways we work. Improved technology meant that working remotely had never been easier. And recent figures from the Office for National Statistics report that between 25 January to...

Why is it important to outsource your accounting operations? Every business irrespective of size needs to keep accurate and up-to-date records of every financial transaction. This includes sales, purchases, payments and receipts. Outsourced accounting is becoming more popular as it helps to reduce business overheads and you won’t need a...

What are the advantages of a limited company? In our last article, we discussed the merits of setting up as a sole trader. This is certainly the most popular way of running a business when you start-up. However, once your company has been trading for a while and is growing,...

If you are starting a new business, do you want to set up as a sole trader? It’s certainly an exciting time as you think of what to call your company, how to brand the business and get noticed by those all-important customers. There is certainly a lot to do,...