Surviving a Tax Audit. What Small Business Owners Need to Know

HMRC has selected you for a tax audit. That is the kind of letter or phone call that most small business owners don’t want to get. An audit is never easy, but keeping things organised and communicating well with your accountant can help you through the process with a bit more confidence. When HMRC does a tax audit, they look at your tax affairs to make sure the information you have given is accurate, including whether you: Declared all the income [...]

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4 Ways New Technology is Changing Small Business

Technology has changed many aspects of the way businesses operate. One thing is for sure; the rapid advancement of technology is not going to slow any time soon. Those businesses who choose to keep up with and embrace current technology will reap the rewards of this, while those who fail to adapt will be left behind. So here are 4 ways new technology is changing small business. The Rise of Mobile More and more people are using mobile devices to shop, [...]

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Mistakes small businesses make with their data backups

Everyone knows the importance of backing up their small business data, yet here at Cashflow Manager we still get many calls about lost financial information. Don’t wait until disaster strikes to find out that your backup system isn’t working. Here are three common data backup mistakes to look out for. Skipping Backups One of the more serious and common mistakes made by small business owners is skipping or missing backups. This could be because someone simply forgot to do it, or there [...]

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Could Your Business Manage Without You – Even for a Few Days?

As a small business, a sole trader or one man band, you just about do everything. You price the work, do the work, write the invoices and enjoy the profits. But what if you were taken out of the picture, at short notice, with no say about it, even for a few days. What would happen to your business then? A few minutes spent planning now will pay dividends when the unexpected happens. As a small business, a sole trader [...]

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7 Perks of Starting Your Own Business

There’s no doubt that running your own business is a risky venture, but with that risk comes reward. Here are some of the amazing advantages of starting  your own business. 1. Be your own boss When you run your own business, you have the freedom to make the decisions that are crucial to your business success. Moreover, the personal satisfaction that comes from succeeding as your own boss is priceless and worth working for. 2. Creative Freedom Small businesses are well positioned to [...]

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Essential Business Planning for Growth and Survival

Speaking at a recent SME Association function in Adelaide in May, Cashflow Manager Australia’s CEO, Tim Millar, highlighted the need for small business enterprises to undertake structured planning in order to survive and grow. In a brief 15-minute session, Tim presented some valuable tips that businesses should follow to ensure they continue to be relevant and competitive. Check out Tim’s talk below. Planning for small business success from Cashflow Manager on Vimeo. What is the process of business planning? Have a look at where [...]

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Upgrading to the Latest Version of Cashflow Manager-Frequently Asked Questions

By keeping your accounting software up to date, you are making sure that your business is compliant with current legislation as well as with modern computer technology. Here are some of your frequently asked questions about upgrading your Cashflow Manager programs. How do I upgrade to the latest version? The easiest and quickest way to upgrade to the latest version of the program, is to visit the Cashflow Manager Download Centre. Select the program you wish to install: Cashflow Manager or Cashflow Manager [...]

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special marketing events

Key Marketing Dates Every UK Small Business Should Plan For

Special times of the year give great opportunity for marketing so planning for important dates is very important when you run a small business. Of course there are the main holidays like Christmas and Easter and events such as Mothers Day, Fathers Day and Valentines Day, but there are also other events and key marketing dates throughout the year that you can use to your advantage. Although not every date will be relevant to your business, there’s bound to [...]

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7 Benefits of Using the New Cashflow Manager Invoicing Application for Small Business

In order to improve their cash flow, small businesses need quick, efficient invoicing process.  A simple invoicing application for small business such as Cashflow Manager, can allow small businesses to send out professional invoices, quickly and in just a few simple steps. Here are 7 benefits of using the Cashflow Manager invoicing app in your small business. Invoice quickly and simply Once set up you can choose your customer, fill in the details of your invoice and email it to them from [...]

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Cashflow Manager Cloud Accounting Software is Here!!

We are excited to announce the arrival of our brand new Cashflow Manager Cloud accounting software. Cashflow Manager Cloud is the latest addition to the Cashflow Manager stable of products and is an all new bookkeeping suite designed to enhance our range of offerings so that our valued clients have more choice as to how they do their bookkeeping. Whilst we are taking advantage of the flexibility that new technology offers, we have kept the same easy column methodology that [...]

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