Business Update – 16 August 2022

Read on for the latest updates and some ideas to help us all move forward.

Why hiring a bookkeeper is a great investment

As a small business owner, you’re likely concerned about every penny you spend. That’s a good thing, because you need to keep track of your income and expenses. It also means, however, that you might be less likely to hire people who can help your business. People like bookkeepers, who are great investments for any small business.

5 ways outsourcing payroll can help you

When you start a business, you’re typically your only employee and payroll is about as simple as it gets. But as you grow, you hopefully find yourself in the position of needing to take on more employees. Before you know it, what was once a very straightforward task becomes a giant undertaking that’s sucking up most of your time.

This is when it makes sense to outsource your payroll. While this is yet another cost to consider, it’s actually a great idea that easily pays for itself. Here are the ways outsourcing your payroll can help you:

Smart money for business owners

Small business owners know how important it is to save money. They know that one day that dollar could come in handy, especially during slower times.

Saving money is definitely important, but there are also things small business owners can – and should – spend their money on today. It might seem counterproductive to spend money when you want to put it in the bank – and make no mistake, saving and investing are also vital – but sometimes spending your money can wind up helping your business immensely, protecting it from slower times.

Here are three things smart business owners spend their money on.

3 Mistakes That Strangle Growing Businesses

Businesses want to grow and help a larger audience, but too many make mistakes that cripple their growth. Even worse, they keep repeating them! Don’t do the same; avoid the blunders outlined within

Fuel Tax Credits – What are they & can I claim them?

Fuel Tax Credits provide businesses with a credit for the fuel tax (excise or customs duty) that’s included in the price of fuel used in…