A company’s year-end is the date their accounting period ends for the year. From this date, you have 9 months to file your annual accounts with HMRC and Companies House as a legal requirement, excluding sole traders. In simple terms, year-end accounts are a summary of your business’s overall performance for the year; however, you…
Both small businesses and large corporations utilise three fundamental financial statements: the income statement, balance sheet, and statement of cash flows. Balance sheets are useful at giving a snapshot of your business’ financial situation at a certain point in time. A balance sheet can help you to assess how successful you have been for the…
Virtual interviews are becoming more common, particularly since they were a must during the national lockdowns of 2020 and early 2021. Although we are still big believers in the importance of meeting a candidate in person, we understand that for busy business owners this may not always be possible (particularly in the early stages of…
