Resources – News & Articles

A selection of business news and articles to help make your business a success

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The Unrecognised Benefits of an Online Accountant

The Unrecognised Benefits of an Online Accountant

Whether you are a contractor, sole trader or the owner of a small business, there are unrecognised benefits for using an online accountant. The main benefit for doing so is to keep up-to-date with your accounts and bookkeeping which will help push your career and...

Keep Bookkeeping Nightmares At Bay With These Best Practices

Keep Bookkeeping Nightmares At Bay With These Best Practices

Spreadsheets. Funny, how such a little word can send huge shivers down the spine. Nobody disputes the value of digital organisation. The horror stems from Excel's strong association with bookkeeping – a process most business owners find bland, repetitive and...

Bookkeeping and Accounting: What’s The Difference?

Bookkeeping and Accounting: What’s The Difference?

It’s safe to say that a lot of freelancers, contractors and entrepreneurs come across a few key business labels they’re unaware of. Quite often, too, these relate to the most fundamental parts of what you do. ‘Bookkeeping’ and ‘accounting’ might be the biggest areas...

What You Should Look For In A Contractor Accountant

What You Should Look For In A Contractor Accountant

The fulfilment you get from your self-employed career is closely correlated to the kind of relationship you have with your accountant. This is the person you place in charge of your financial wellbeing, after all. If you’ve been freelancing for some time, you’ll...

Switching Accountants: How To Make The Process Easier

Switching Accountants: How To Make The Process Easier

As a contractor or freelancer, you’ll spend a lot of time building relationships. From communicating with current clients to meeting new prospects, things like shaking hands, phone calls, and email exchanges are all part and parcel of the self-employed lifestyle. But...

The Biggest Blunders For Contractor Accounting

The Biggest Blunders For Contractor Accounting

At Bright Ideas Accountancy, we know how satisfying the contractor lifestyle can be. You pluck jobs from an array of clients, seeing to them one at a time, shaking off any complacency that’d otherwise fester in steady employment. But you shouldn’t assume your finances...

5 Reasons Why We Recommend FreeAgent Bookkeeping Software

5 Reasons Why We Recommend FreeAgent Bookkeeping Software

Loyalty is hard earned, and it takes a lot for bookkeeping tools to make our recommended list. But FreeAgent, our favourite bookkeeping software, has well and truly won us over. And we thought it’s about time to proclaim why we’re so confident it’ll change your...

Is Your Bookkeeping Due A Spring Clean?

Is Your Bookkeeping Due A Spring Clean?

April is right around the corner, and with it comes a new tax year. For freelancers and contractors, the end of the financial year can be incredibly stressful – especially when the final figures aren’t adding up and there are a few receipts you can’t quite make heads...

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