Whether you’re a new business owner or you’ve been up and running for several years, it’s important to have your basics well covered if you hope to have success.
First, you need to know what you want your success to look like and implement a plan to get there. You need to understand your products or services and how they fit into the marketplace. If you understand this then you can clearly communicate that to your potential customers.
If you are a landlord, self-employed or a business director, there’s a new acronym doing the rounds that you will want to be aware of – MTD (Making Tax Digital).
Making Tax Digital is a key part of the government’s plans to make it easier for individuals and businesses to get their tax right and keep on top of their affairs – spelling the end of the annual tax return.
We often get asked “What is the cloud?”. A great example is online banking, which uses the “cloud” for secure data storage. Just as you can access online banking from anywhere, anytime. You can do the same thing with cloud accounting software.
You no longer have to rely on a single hard drive, such as as Sage or even a saved spreadsheet, to hold your important financial data. Instead, you can access that data online wherever you want, at any time.
Knowing your numbers is vital when running a business. Xero’s beautiful online software can give you a whole new way of doing your bookkeeping, accounts, invoicing, payroll and reporting – from anywhere, at any time and on any device.
We’re now offering free conversions (normally worth £180!) to Xero from Sage or Quickbooks, making it the perfect time for your business to move from that old, frustrating desktoponly software and onto Xero. So why make the move?