Entries by Nic Cooper

What do I get for that?

I don’t know about you but I’m becoming increasingly focussed on getting value for money. Now, this may be down to several things like increasing costs or changing market conditions, or the fact that everything’s available on the internet and it’s easy to compare prices. I mean, why would you go to a retail shop, […]

Accountants – we’re not all the same

No, we’re all individuals. If you’ve got time, go and google Life of Brian and this phrase – always makes me laugh. Anyway, Accountants, we’re not all the same. I’ll get to the point. I’m part of the 1%, the 1% of CIMA members who have a practice business. I’ve not always had one, just […]

Focus, now

There’s always lots to do when you’re a small business or a sole proprietor. I know, I’m a small business too. Websites and social media for example. Spending time doing those isn’t why you started the business. I outsource both of those, so I can focus on growing my business. It doesn’t cost much and […]

Reciprocity

One of those words that sounds really good spoken out loud. You just did that, didn’t you? Defined as “the practice of exchanging things with others for mutual benefit”. A bit like networking then? I’m not sure how much you do of either of these 2 but I do a fair bit. It works. We […]

What is it you actually do, Dad?

A question asked by my 15 year old son, recently. A not unreasonable question, asked in a direct way, which required an answer. Conscious of the average attention span of a teenager, I didn’t want to make the answer too long or too in-depth, such that he didn’t understand the answer. Well, this is what […]

Making Tax Digital

Or MTD as it gets abbreviated to. What is it, what’s going to happen and how’s it going to affect me? MTD is designed to move the reporting of tax in to the digital environment. Why? Well, HMRC want to give themselves the best chance of ensuring they collect as much tax as they can, […]

Sole Trader or Limited Company?

I have often been asked this question. If there was a simple, clear-cut way of answering it, this blog wouldn’t be necessary, I guess! However, there are a few points to consider before you decide; Is there a tax advantage with a Limited Company? – Well, there could well be, depending on how much you want/need/can […]

Starting a Business?

You’ve had enough of working for other people. You’ve had an idea about starting your own business. But what do you need to do?   Yes, starting a business of your own is exciting (and also daunting), so here’s a few areas you need to cover;   Plan – What is your market and how […]