• Making Tax Digital

    MAKING TAX DIGITAL Software is the way forward Making Tax Digital is bringing a revolution to the business world and in particular how they are going to make their reports to the HMRC. The big changes are coming through the proposals being made under the …

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  • Black Friday

    If you have been watching the television, listening to the radio or surfing the Internet in recent weeks you cannot have miss the never ending Black Friday promotions.  Black Friday is of course a recent import from America and refers to the Friday after the …

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  • Profit Plus – National Living Wage

    There have been a number of big changes to important aspects of the business environment, which especially affect smaller firms and enterprises in recent weeks. With even more revelations in the papers of how the rich and powerful have used their wealth to utilise tax …

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  • Accounts Senior

    Accounts Senior (full or part time) Job Description Overview Russell & Co is an expanding firm of Chartered Accountants based in Ponteland. In order to continue our expansion, we are looking to recruit a team member who will be involved in all aspects of the …

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  • Trust me I’m an employee, but should you?

    Trust me I’m an employee – Should you? When you go into business, there are a number of traits which you need to be successful. Common sense should obviously be one that you should possess and disappointingly, a distrust of other people is also often …

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  • Save money – Get Advice Early

    Save Money by getting advice early This week I have heard two stories where business owners have kept going when they should have got advice earlier. Although the sums of money are vastly different, in both cases taking advice earlier could have made a significant …

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  • Setting Prices

    Setting prices can be a headache for any business. One of the biggest problems for smaller businesses is how to go about setting prices for their products and services. And much of the problem actually comes from a lack of self belief of the business owners in the …

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  • Pricing for Profits

    Pricing for Profits is key to a successful business Whatever business you are involved in, it is vital that you know how to set your prices. And unless you are a high growth business or have funding to spare, your prices will need to be …

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  • Cash is King

    Cash is king – Debtors are dead money Following on from a previous article on the problems of holding stock, another area that cannot be ignored by a big and small business owners are Debtors (unpaid sales invoices). Good Customers It is always worth identifying …

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  • Stock – Asset or Liability?

    Stock – Asset or Liability? When does an asset turn into a liability? We all think of stock as a business asset. This is the stock that fills your warehouse and is there to be sold. Perhaps after you bought the raw materials you have …

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