Crossley & Davis
Accountants & Business Advisors
Category: Bookkeeping & Accounts
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When running a business, bookkeeping is often seen as a chore – something you “have to do” for HMRC. But in reality, good bookkeeping is the backbone of a successful business. Done properly, it can save you stress, money, and even help you make better business decisions. 1. Good bookkeeping = better decisions When your…
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Keeping accurate financial records is essential for running a successful business. Yet even the most organised business owners can make bookkeeping errors that lead to lost profits, unnecessary tax bills, and cash flow problems. Here are three common bookkeeping errors, and how to avoid them. 1. Mixing Business and Personal Finances The problem:Using the same…
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As we approach the end of another tax year (5 April), it’s the perfect moment for business owners to take a step back and review their finances. Whether you’re a sole trader, limited company, or somewhere in between, a little proactive planning now can make a big difference later. Here’s why reviewing your numbers before…
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When you’re self-employed, you’re used to doing everything yourself—from marketing to customer service and everything in between. But when it comes to managing your business finances, is hiring an accountant for your self-employed business a smart investment or an unnecessary expense? The truth is, whether you’re just starting out or have been self-employed for years,…
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The start of a new year is the perfect time to reflect on what’s working for your business – and what isn’t. One area that often gets overlooked is your accounting support. If you’ve been questioning whether it’s time to switch accountants, you’re not alone. Your accountant plays a crucial role in your financial success,…
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Managing cash flow in the construction industry is essential for keeping operations running smoothly and driving long-term growth. Unlike other sectors, construction businesses face unique challenges such as long project timelines, delayed payments, and rising material costs. Without strategic planning, these factors can lead to financial stress or even business failure. In this guide, we…
