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What Is an SKU Number and How Retailers Can Use Them to Boost Their Business

Inventory management requires the skills of ordering, numbering, and categorising the products according to their size, colour and manufacturers. However, if you

Cryptocurrency - What is a Sale - Gain or Income?

Cryptocurrencies, such as Bitcoin, are a type of electronic cash; designed to stand apart from any government or bank they work through a computer network.

Business Development Plan Growing Your Business Guide

A business without a plan cannot thrive in the cut-throat competitive ecosystem where every day you hear about the evolving technological and

Making Use of Property Losses

When letting property, the aim is to make a profit. However, as recent years have shown, life is unpredictable and things do

Limitations of Budgeting 7 List of Limitations

Budgeting is central to the success of a company’s finances. So, suppose you’re looking to plan and execute your budgeting for the

Advantages of Quantitative Research

Quantitative research is the core of a research process as it provides useful insights to the researcher. An organisation can conduct quantitative

Business Integration

In the modern world when digitisation is becoming more popular and normal in handling business operations, business connectivity across different industries has

Integrated marketing communication

Integrated Marketing Communication (IMC) is a collective marketing strategy carried out in unison. Using IMC helps businesses develop and maintain brand identity

Can You Benefit from Rent-A-Room

The rent-a-room scheme allows people to earn rental income tax-free when they let out a furnished room in their own home. You

Types Of Finance

Are you wondering what is finance? And, what are the different types of finance and why is it important? If these questions

Days Sales Outstanding DSO

Days Sales Outstanding is an important component of the Cash Conversion Cycle (CCC) in a business. This metric is crucial to understanding

business process automation

Business Process Automation has revolutionised the workplace with its fast-developing technology and replacing humans at a fast pace. Now, you can observe

Making Use of The Property Income Allowance

The property income allowance allows you to earn a small amount of rental income tax-free each year. It is useful where the

Relief For Pre-Trading Expenses

When you start a business, you will need to incur costs before you are able to start trading. Did you know that

forecast revenue

Forecasting revenue is a crucial part of the success of a business. If you have no revenue forecasting, it means you are

financial performance indicators

Are you struggling to analyse the financial position of your business in different key areas? For example, you can analyse the financial

National Insurance Changes from July 2022

Although the National Insurance rates and thresholds for 2022/23 had already been set, at the time of the Spring Statement in March

Claim Extended Loss Relief Online

To help companies realising losses as a result of the Covid-19 pandemic, the loss relief rules were amended to provide for an

Use Simplified Expenses to Save Work

A lot of time and paperwork can be saved by claiming expenses using the simplified rates, rather than recording and deducting actual

How To Claim Tax Relief For Employment Expenses

If you are an employee and you personally incur expenses in carrying out your job, you may be able to claim tax

Accounting Consultants

Preparing financial reports and gleaning useful information out of them is not a business everybody can do. Instead, looking deeply into certain

Construction Industry Scheme CIS

The Construction Industry Scheme (CIS) sets out special rules for tax and national insurance contributions for those working in the construction industry:

What is Customer Analysis

Knowing your customer and providing them with what they need make a company the king of the market. Data analytics and data

Budgeting in Accounting

Cost accounting while doing budgeting in accounting plays a very important role in the budgeting process of a company and a department.