1. Register business name Coming up with a name for your business is an important step as it shows the personality of your brand and helps you stand out. Your name should be unique and appeal to your target audience – and it’s your chance to be creative. It’s also worth understanding: If you’re looking …
A Step by Step guide to setting up a new business Read More »
Recent economic performance In June 2022, the UK economy shrank by 0.6%, with polarised growth recorded at regional levels. While economic output stood at 0.9% above its pre-pandemic level in February 2020, some regions struggled to breakthrough beyond the pre-pandemic levels, deepening the regional growth imbalance. Latest data shows London growing at the fastest rate …
What’s the difference between bookkeeping and accounting? Bookkeeping and accounting are often confused. In fact, bookkeeping is a small but vital part of the overall accounting function. Bookkeeping is the process of recording and reporting financial information, while accounting is the process of using such data to establish the business’s financial position and make decisions …
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