Top Ten Invoicing Tips

Clinching a deal is a great feeling. Doing the job is a pleasure. But it’s not money in the bank until you’ve got paid for your efforts and, amazingly, plenty of small businesses still admit to not focussing enough on this crucial part of the process. Sometimes, it’s because we concentrate exclusively on sales -…


Implications of the reduction in VAT

While we’re all trying to work out the implications of the reduction in VAT earlier this week, the obvious implications for invoicing need to be addressed pretty quickly. As fellow blogger Nick pointed out on Tuesday, in his True Business blog post VAT down to 15%: send out those invoices fast!, all small business owner/managers…


New ‘Ask The Expert' questions

New questions put to the Small Business Ask The Experts team in August are about the problems sole traders can face when it comes to financial matters, and a plea for suggestions on how to cut down on data entry.  On finance…. “I’m a sole trader. Maths never was my strong point, but I want…


Learning from others

Other people’s start up blogs are always interesting to read – if only because they serve to validate that you’re not the only person in the world facing specific difficulties. Nature-friendly products is one worth looking at – it really is in its infancy. A very interesting – and critical point – that Justine makes…


Money makes the world go round

And don’t we know it! Fuel seems to be going up approximately twice a week, and there is no end in sight. Today’s hauliers’ protest in London and Wales is hardly surprising when Small Business blog’s own petrol consumption (which is not excessive by any means) is now well over £100 pcm.  And then there’s…


It's that time of year again...

No, not Christmas (yet), but tax, year end and other financial stuff. For those of us who are not trained accountants (which has to be the majority), we need all the help we can get when it comes to tracking income, outgoings, rents, tax returns, etc etc. Small Business Blog is a recent convert to…


Biggest financing mistakes by first-time entrepreneurs

To use an American phrase – ‘Cash is the gas that keeps every entrepreneurial engine running’. When companies run out of cash from investors, lenders, or customers – they go out of business. It’s that simple. This makes the person managing your finances a VIP. Many start-ups don’t have qualified accountants on the payroll and…


Budget implications for small businesses

It looks like there are a few nuggets of good news for small businesses in the budget. Aside from the welcome delay in increasing fuel duty, there are several features of note. A particularly interesting one is the capital fund of £12.5m to encourage more women entrepreneurs, supplemented by an additional £12.5m from venture capitalists….