For most people, the mention of the term budget conjures up images of frugality and the disgusting task of crunching numbers. Contrary to the widely held view, a budget is the cornerstone that will help you to create a solid financial foundation. So to start with, what is a budget? Well, the definitions of a … Read more
A start-up budget is the first steps to making your business dream a reality. In this guide, I’ll help you understand exactly what one is, share my business startup costs spreadsheet which you can use as a template and show you a list of example start-up costs to help you get started with your planning.
As painstaking as it is when you start a business on a shoestring budget the long run benefits are powerful. If you’re exhausted by the battle of starting a business with limited resources here’s some thoughts to revitalise you. As well as remind you why everything you are going through will put you in good stead … Read more
When you’re self employed everything you are paid will be untaxed and it is your responsibility to work out how much tax you have to pay. I’ve worked with many clients over the years who have had the shock of a huge tax bill in January and July. So here are my recommendations for budgets … Read more
Understanding what a budget is is useful whether you are an individual trying to manage your personal finances or someone who is self employed attempting to organise their business finances. A budget is a powerful tool which, although commonly overlooked, can change your financial life What is a Budget? A budget is a forward thinking income and … Read more
What is a Business Budget? A business budget is a forward thinking income and spending plan for a set period of time. Used correctly a business budget is an actionable financial plan, useful for evaluating your businesses performance on an ongoing basis and helping you to achieve your short and long term business goals. The … Read more
January and July of each year can be stressful for freelancers and those who are self employed. If you are one of them, you probably know why – it’s tax time! More specifically, you need to have made two payments on account to HMRC and if you haven’t already budgeted or have an excess of … Read more