A selection of business news and articles to help make your business a success
As children of the digital revolution, we’re always promised things will be made simpler, more convenient, or downright illuminating compared to what we have in the present moment. It’s probably good to take these claims with a pinch of salt, but when the internet...
Bright Ideas is well-versed in saving money for contractors and freelancers new to the game, yet it’s a sad truth that even veteran business owners can get expense claims muddled when HMRC comes calling. Tax exemption is such a broad church of analysis that mistakes...
It’s true that the digital age is moving faster than anyone thought possible. No matter what work you do, you’ll have encountered a need for foresight and efficiency when running your business, which, more often than not, means staying ahead of the technological...
Any business worth its salt has data storage high on its agenda. As more and more of our working resources become digitised, there’s the escalated threat of losing everything in a matter of moments. Whether due to accident, corruption or malicious activities, relying...
As a contractor, keeping your accounts in order can be a headache, and one that only gets worse the more you ignore it. Organisation is a key ingredient to success in self-employment, so it pays to have a firm hand on your bookkeeping. If things have gotten a bit...
Speak to any seasoned accountant and they’ll tell you that good bookkeeping is essential. Keeping track of your financial transactions is key to the accounting process. Lose grip of what’s going on day-to-day and you could anger HMRC, penalties a prospect if dodgy...
Incorporation has several benefits not to mention that its owners enjoy limited liability. However, one very important reason to consider incorporation is positive tax results. Setting up an incorporated company means that you can enjoy several tax benefits. Following...
There are countless benefits to being a contractor – you get to set your own hours, you can take vacation when you choose, you can charge the rates that you think you are worth, and you are your own boss. You never have to worry about being laid off or fired, but you...
Working on a new project can be an exciting time for any contractor – your creative juices are flowing, you are spending loads of time on planning, and you are eagerly looking forward to a big deposit in your bank account. During all of this commotion it can be very...
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