5 Invoicing Systems for Small Businesses

If you’re struggling to keep track of all your invoices, then maybe it’s time you switched to using an invoicing management system to help you get organised. Most invoicing software offers easy solutions for tracking all sales, projects or billable hours and collecting payments so you can get paid on time. Before deciding on which … Read more

Accepting Online Invoice Payments for your Small Business

The trend of accepting online payments for sales has seen a revolution in the past decade and has rocketed further in a post-Covid world. This is good news for small business owners because online payment companies have invested considerably to improve their services. Offering your customers a range of online payment methods via invoicing software … Read more

Understanding Invoicing Payment Terms

Does the term payment terms send your head into a whirlwind of confusion? Are you uncertain of what payment terms to use on your invoice? Getting paid promptly is critical for running a profitable business. If you don’t clearly outline your payment terms, it’s very likely your clients won’t pay you on time. There are … Read more

Easy Guide to Small Business Invoice Management

When you run your small business, tracking your invoices and payments may seem tiresome, but it’s paramount to ensuring success. Disorganised invoice management can have an adverse effect on your finances, particularly in relation to cashflow, taxes, income and expenses. As your business grows, you might come to the conclusion that you need a more … Read more

What is a SME business?

Is this a business term you hear regularly but aren’t sure of the exact answer? Although there are varying factors and characteristics to determine what is a SME business, it’s important you’re aware of what it actually means as it can affect the way you run your own business. Defining the size of a business … Read more

How Much Can You Earn Before Paying UK Self-Employment Tax?

how much can you earn before paying self-employed tax?

Are you wondering how much you can earn before paying UK self-employment tax? Then read on! If you are self-employed you can earn up to £1,000 each tax year before paying tax in the UK by taking advantage of the trading income allowance. It’s a tax-free amount you can get paid in income (not profit) without … Read more

How to Survive and Thrive in your Business for 2023

When you’re a business owner and want to prosper, you’ll need to consider new ways to develop your business in the coming year. Regardless of the industry you’re in, or whether you have a side hustle or larger company, focus on growth is essential to survive and thrive in your business. Running a self-employed business … Read more

Differences Between Self-employed and a Small Business Owner

Do you sometimes get confused as to what you call yourself in relation to running your business? Solopeneur? Self-employed? Business owner? Freelancer? Essentially, these titles all represent people who chose to earn an income independently rather than through traditional employment. While the difference between small business owners and the self-employed could be construed as subtle … Read more

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