Home business from rental home

Running Your Business From a Rented Home

A few months ago my family and I experienced a house fire that compelled us to move out of our own home and into rented accommodation for a period of time. On the day it seemed like a catastrophe, but in the greater scheme of things it wasn’t the end of the world. We will be moving back into a fully repaired, furnished and decorated home within the next few days and life will return to normal, well, as normal as it gets for us anyway. Finding myself as a tenant and not an owner occupier I looked into the implications of [...]

The Gig Economy

The Gig Economy Explained

We have heard a lot recently about the ‘gig economy’. The chartered institute of professional development estimate that 1.3 million people work in this sector. Previously they may have been referred to as being freelancers, contractors or simply self-employed. However their work today is most likely assigned by an app-based system which has spawned a whole new subsection of the economy. Workers employed in the Gig economy are paid for each job or “gig” they do rather than receiving a regular [...]

defend your small business against cyber attacks

This is what a criminal looks like

Almost half of UK businesses has suffered some sort of online attack in the last twelve months according to official government figures. It’s an increasing problem which business owners, whatever their size, need to address to defend against a cyber attack. The WannaCry ransomware attack, which infected over 230,000 computers including many in the NHS, reached 150 different countries and is just the latest in a number of online assaults which could cripple an organisation within minutes. As businesses, big [...]


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 [...]


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, [...]


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 [...]

Your business and your health

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 [...]


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 [...]


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 [...]


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 [...]