Best Accounting Software

8 Best Invoicing Software for...

Whether you are a small business owner or a freelancer, the chances are that at some point, you must incur billing operations. A savvy invoicing software provides an easy way for small businesses to request payments or get…

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Accounting for Small Business

Why is Accounting Important for...

There are numerous challenges associated with setting up and running a small business. Poorly managed finances are one of the many reasons why small businesses don’t survive the changing market trends. A section of small businesses choose to…

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Business Start up tips

Top 5 Small Business Start...

As an entrepreneur, starting a new business venture can be cumbersome. You’re not alone- other entrepreneurs from London have been through the same. As a remedy, here is some advice on starting up a small business from Ernest…

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Working Capital

How does Working Capital affect...

How does Working Capital affect Business Valuation? As you may already know, working capital equals assets less current liabilities. Fact: Companies with primarily cash accounts receivable and inventory are not as appealing as those who have neatly managed…

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Outsourcing process

Hassle-free Accounting Outsourcing Process in...

Hassle-free Accounting Outsourcing Process in 5 Easy Steps Outsourcing of business processes started gaining popularity back in the 80s. It aimed at combatting the rising labour costs and the progressive trends in the global marketplace. Today, business owners…

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Small Business Accounting

Struggling with Small Business Accounting?...

Struggling with Small Business Accounting? Check Out these Steps to Simplify Not a secret anymore, COVID-19 has turned our lives upside down for the better part of last and partially this year. To cushion this, we reach out…

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Work Life Balance

A Small Business Owner’s Guide...

A Small Business Owner’s Guide to Having Work-Life Balance Believe it or not! As a small business owner, balancing your life and your work can pose a challenge. Our goal at Ernest & Co Accountants is to help reduce…

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10 Ways to lift your margin

10 Ways to lift your...

There’s always room for improvement at the margin; small tweaks can massively boost your bottom line! How much extra would a 1% increase in gross margin give you? Improvements can always be made at the margin. Small tweaks…

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Claim Research & Development Costs

Can I claim a research...

Carrying out research and development (R&D) can be an expensive part of developing your product/service and growing your business. So, finding a way to claim back tax against your R&D costs is a sensible way to reduce your…

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Focus on Profits or Cashflow

Should I focus on profits...

Should I focus on profits or cashflow? Turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business?   Cashflow…

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