As any business using Xero online accounting will tell you, it’s a brilliant piece of software for getting real-time control over your finances, key numbers and reporting. But to realise the true benefit of this functionality, you’ve got to get your hands dirty and start tailoring the Chart of Accounts and accounting codes in Xero.
Starting out on a new business endeavour can be overwhelming but it doesn’t have to be that way! Partnering up with the right people can help you find your flow and move in the right direction. Starting a new business should be thrilling, even if there is an element of risk involved. Whatever questions you have, we’ve either got the answers or we know who does. Feel free to reach out - it will be the best decision you can make!
Bookkeeping is more than just data entry, it’s the blueprint for your business, and needs to be approached with that mindset. Yes, it can be time consuming and it’s certainly not the most exciting part of your business, but only when you have clear and accurate bookkeeping in place can you start to decipher the information to influence real life decisions.
If you’re looking for young, hungry and talented individuals to help push your business forward, an apprentice might be the answer. Indeed, figures released by the Department of Education earlier this year show a 10% increase in apprenticeship starts between August 2018 and January 2019.
Whether you’re looking to make a first hire or expand your existing team, recruiting a new employee is a big deal. A well-defined hiring process will save you money, minimise time spent on interviews and most importantly increase your chances of getting the right person in.
Here at FD Works we recently teamed up with Yena, the Bristol-based startup accelerator to discuss Making Tax Digital (MTD) and what it means for startups and scaleups across the UK.
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How Xero keeps you in control of cash flow 4-minute read
How setting targets drives your business performance 4-minute read
Is your start-up business idea roadworthy? 4-minute read
