To assess the health of a business, there are several key metrics and financial indicators that one can analyze beyond just Gross Profit Percentage (GP%). Here’s a breakdown of some crucial ones: Ne...
When clients pay you through bank transfers, it is typically essential to issue invoices for several reasons. Firstly, invoices serve as formal documentation of transactions, ensuring both parties hav...
It’s completely normal to seek advice and reassurance when facing challenging situations. You’re definitely not alone in how you’re feeling. Here’s some guidance: Reach Out to Supp...
When considering whether to raise your fees for freelancing work with an agency, there are several factors to consider. Start by evaluating the value you bring to the agency: Have your skills, experie...
As a sole trader running two side hustles, it’s crucial to have a structured approach for managing and allocating your profits. Here’s a comprehensive strategy to consider: Separate Financ...
Determining whether to continue booking craft fairs with a particular company involves evaluating the specific reasons that led to your dissatisfaction or concerns. Here are some key factors to consid...
Customer forecasts for a role-play cafe involve predicting the potential number and type of customers who might visit the cafe, as well as estimating their behavior and preferences. To create an accur...
To successfully launch a small business, follow these steps: Conceptualize Your Idea: Begin by identifying a profitable business idea based on market research, personal skills, and interests. Ensure t...
Collected VAT (Value Added Tax) and other short-term cash inflows are typically managed through strategic financial practices to ensure regulatory compliance and optimize cash flow. Here’s a detaile...
When comparing the reliability and supportiveness of Royal Mail and DPD, it’s essential to consider various factors, such as delivery speed, customer service, and overall user satisfaction. Roya...
