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Expert accountancy services for small and micro businesses.
Oct 2, 20244 min read
Understanding Factoring Finance and How It Can Help Small Businesses Grow
Running a small business is both exciting and challenging. As your business grows, so do the expenses, and sometimes cash flow can become...
Sep 26, 20243 min read
Understanding Profit: A Story of Growth for Small Businesses
Imagine you’re a small business owner, excited about your venture's success, feeling proud of the sales you’re making. But as the months...
Sep 23, 20243 min read
The Importance of Understanding Cash Flow for Small Business Success
At Busy Bee Accountancy, we work with small businesses to ensure their financial health is on track, and a key part of that is...
Aug 28, 20243 min read
The Right to Manage: Empowering Flat Owners Through a Limited Company
In recent years, many flat owners have taken a more hands-on approach to managing their properties by setting up a Right to Manage (RTM)...
Nov 22, 20233 min read
Are employee parties tax-free?
If the rules around social functions are followed, staff events like your end-of-year party, or your summer barbecue are tax-deductible...
Nov 13, 20232 min read
Our guide to business credit scores
Do you know what your business credit score is, and how it can impact your finances? Your business credit score is a numerical...
Aug 25, 20233 min read
5 challenges for small business – and how to beat them!
Founding, building and growing your own small business is a hugely rewarding experience for many entrepreneurs. But the road ahead isn’t...
Aug 21, 20232 min read
How running a lean business model improves your cashflow and efficiency
Keeping your operational expenses under control, while also remaining efficient and meeting customer demand can be a challenge – one that...
Aug 9, 20232 min read
Charging interest on a Directors’ Loan Account
When you’re the director of a business, it’s likely that there will be occasions where you borrow money directly from your company, or...
Aug 3, 20232 min read
Your Q3 2023 deadlines for the diary
We’re always here to keep you up to date with the latest accounting, tax and compliance deadlines. Here are the forthcoming deadlines and...
Aug 2, 20231 min read
Have you got a plan for growth in your business?
Growth doesn’t need to mean more risk, more hours and more headaches. It may be as simple as identifying where the opportunities for...
Aug 1, 20233 min read
Proving your ongoing business viability through 5 financial reports
Whether you’re applying for government subsidies, taking out a business loan or seeking investor support, you need to be able to...
Aug 1, 20232 min read
Spreading your tax costs with Time To Pay
HM Revenue & Customs (HMRC) expects you to pay your taxes on time. But if you’re finding it difficult to pay in full, HMRC can be...
Jul 13, 20232 min read
Keeping your business cash liquid – the difference between cashflow and profit
The foundational goal of any business is to make a profit. As a business owner, that’s one of your key financial aims – to make enough...
Nov 12, 20213 min read
Back to Tax Basics: How capital allowances reduce your tax bill
Generally speaking, the business expenses you incur are allowable against your profits. But when it comes to fixed asset purchases...
Nov 9, 20213 min read
The reduced rate of VAT has gone up – are you ready?
The 5% reduced rate of value-added tax (VAT) has been in place since 8 July 2020. The reduced rate has been extended on numerous...
Oct 29, 20214 min read
A Budget for a stronger UK economy? Read our summary
As a business community, we’ve endured 18 months of unprecedented challenges to get through the ongoing pandemic. And when you factor in...
Oct 26, 20212 min read
The value of cashflow forecasting during a crisis.
Projecting your cashflow pipeline forwards during a crisis is vital. To be able to navigate the future path of your cashflow, you need to...
Oct 23, 20213 min read
Making your business attractive to Gen Z talent.
Workplace values are changing. We’re seeing first-hand the impact of a multi-generational workforce across the business world. And as...
Oct 18, 20212 min read
Accounting basics: the profit and loss and balance sheet reports explained.
Understanding your finances is a vital part of running your business. But getting down into the nitty gritty of the company accounts...
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