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 [...]

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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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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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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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How to Make the Most of Twitter in your Small Business

This week we were fortunate enough to listen to a webinar run by Nick Bowditch, Twitter Australia’s SME Brand Specialist. This particular webinar was about how small businesses can use twitter to engage customers and grow their business. It was interesting to find out that Australian small business owners were the first to use Twitter to talk to their customers in real time, thus showing the potential of Twitter as a marketing platform. Nick mentioned a few ways to use Twitter [...]

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5 tips for running your small business from home

Working from home has many advantages. Not having to travel to work each day saves you both time and money. The Internet makes it easy to connect with clients and those you work with. Plus, if you want to stay in your pajamas or comfy clothes all day you can do that! But, it comes with its challenges too. It is easy to get distracted by household chores or the family, or find yourself overworking and unable to switch [...]

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