Cash Is King for New Business Owners But Only If You Understand HMRC Rules
“Cash is king” is a familiar phrase in business. For new UK business owners, it is also one of the most misunderstood concepts, and misunderstanding it is one of the fastest ways to run into problems with HMRC. High turnover does not guarantee success. Healthy bank balances do not mean money is yours to spend. […]...
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Why Working Harder Isn’t the Key to Growing Your Business
There is a piece of advice often shared in endurance sports that applies perfectly to business. Progress is not driven by shortcuts, hacks, or flashy tools. It comes from stacking good weeks, consistently, over time. In running, people obsess over shoes, training plans, or quick performance gains. In reality, it is the unglamorous work of […]...
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Why Choosing an Accountant Isn’t as Simple as Buying a Pint of Milk
When it comes to accountants, one thing becomes clear very quickly: accounting is not like buying a pint of milk. I recently had a conversation with an estate agent while selling my home, and it perfectly illustrated the point. He asked about my accountant, and the answer highlighted a common problem: you rarely understand what […]...
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Why Professional Bookkeeping Matters: Avoid Costly Mistakes and Save Time
Bookkeeping might seem simple — after all, software like QuickBooks makes it look easy. But as we’ve seen time and time again, DIY bookkeeping can create chaos in your accounts, lead to overpaid taxes, and cost your business valuable time. At Adaptive Accountancy, we do all our clients’ bookkeeping in-house — no exceptions. Why? Because […]...
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