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How to Set Financial Goals for Your Small Business and Achieve Them

As a small business owner, setting financial goals can be an effective way to ensure the long-term success of your company. However, simply setting goals is not enough; you must also take the necessary steps to achieve them. In this article, we’ll discuss how to set financial goals for your small business and provide actionable …

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Understanding Your Business Taxes: A Small Business Owner’s Guide

Understanding your business taxes as a small business owner, especially in the UK,  is a very important part of running a business. Whether you’re a sole trader, a partnership or a limited company, you’ll need to comply with tax laws and regulations in order to avoid penalties and stay in good financial standing. In this …

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5 Common Accounting Mistakes Small Business Owners Make and How to Avoid Them

There are common mistakes that small business owners make when it comes to their accounting, and these mistakes can be very detrimental and lead to costly mistakes, loss of revenue, and even legal issues. As a business owner, avoiding them is one of the best things you can do for you and your business. Keeping …

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Budget Reaction

As the dust settles on the Budget 2023, here’s the Positive Accountants view on what it all means for small businesses and SMEs: Positives: The partial reversal of the cuts to R&D Tax relief are undoubtedly welcome for start-ups and SMEs involved in innovation and technology, and we applaud the Chancellor for taking on board …

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How Positive Accountants Helps Small Business Owners Achieve Financial Positivity

As a small business owner, managing finances can be a daunting task. It’s not uncommon for small business owners to feel overwhelmed by financial statements, bookkeeping, taxes, and other financial matters. However, managing finances effectively is crucial to the success of your business. It’s important to work with professionals who can help you manage your …

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SMEs and Small Businesses Look to Jeremy Hunt for Guidance and Support Amidst Uncertainty

All SME and small business eyes turn to the reassuring figure of Jeremy Hunt next week, as the Chancellor delivers his 2nd major fiscal event following the very disappointing U-turns on IR35 he announced alongside other tax rises in his first major post-Liz Truss announcement last autumn. SMEs and small businesses could be forgiven for …

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What is Accounting?

Most people starting or buying a small business fully understand that every business needs accounting in some shape or form and that a professional firm of small business accountants is required to support their business. Without experienced accounting services how would businesses be able to understand their financial position and future growth (or decline) and …

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