Taxation is a tricky process, to put it mildly. So it’s not surprising that HMRC is in the process of digitising a lot of the systems involved in managing it.
The Make Take Digital (MTD) campaign has wide ranging implications for businesses of all sizes. And for smaller organisations, the impact it has could be especially significant.
If MTD has left you scratching your head, here are a few things you need to know to prepare your small business for the changes ahead.
When it comes to balancing the books, sole traders and small businesses face an uphill struggle. There are enough obstacles to overcome in your daily job already, let alone then having to deal with all the extra admin that comes with being a contractor.
As well as providing quotes, issuing invoices to customers and keeping track of payments, you’ll need to record expenses and prepare your tax statements. It can all get a bit overwhelming if you don’t take action and let the paperwork pile up.
Thankfully with a little bit of motivation and the right tools, you can get organised, get paid on time and get your professional life on track. So whether you’re a van driver, an electrician or a contractor of any other kind, here are a few useful pieces of advice to follow.
Recent studies have shown that companies spend approximately 10% of their income on producing, managing and distributing documents and it is estimated that 25% of documents in paper form are poorly identified, misclassified or lost, reducing the control and traceability of business’s vital information.
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Find out in under 1 minute how Director of IMBT (www.imbt.co.uk) is using software to grow his psychology practice.
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As Google Drive is a safe place for your files, as an entrepreneur you may wish to have access to whatever you have added there on your CRM and MARKETING software.
As an entrepreneur, your website is an important marketing tool where your leads and customers arrive at. It is like that “welcome” sign on the front door of a shop which may attract people to come in or continue their way!
You may need to add new services, host a specific webinar, create a discount, design a landing page for each of them and share them on social media. things are not that much easy when you know beans about HTML and web designing.
KPI (Key performance indicators) shows you how well your business and employees are performing to gain your key business objectives. As they are brilliant indications of performance and are commonly used in business, KPIs are important for every business. An effective KPI should be specific, measurable, attainable, relevant and time-bound.To find good KPIs and evaluate them efficiently, is a bit difficult for every small business owner. Smarty is a powerful all-in-one business automation software which makes KPI identifying easy for you.
Did you know that you can make the vast majority of your sales closed in just one call? It seems to be the most difficult task to close even 80% of all sales. Prospects need to know things before buying and you will close most of your calls if you know their needs well.
Entrepreneurship is not an easy task on any of its scale. Entrepreneurs are often surrounded with the massive workload and several upcoming meetings and events during the week. That's why calendars are at the heart of entrepreneurship time management. The Google calendar two-way integration with Smarty calendar empowers you to set up meeting, calls, and events on your Smarty calendar and a Google Calendar event for them all at the same time.
“Smarty appointments” is a highly intelligent tool that enables you to let your clients set appointments with their staff and customers. It lets your Clients quickly view your real-time availability and book their own appointments. (You can also book an appointment on you client’s behalf)
In a world where computers are ruling, no profession can step aside and be like; “No thank you. I’m fine.” While we sleep, artificial intelligence can evaluate our next day’s work and give us useful information on how to be more assertive and practical. This makes your business more lucrative, and your clients more satisfied. This is all Smarty wants to do for you.
Simply, landing pages are the entry points where your leads can arrive at or “land” on. Lead generating landing pages are used to collect useful data from users who may have interest in your product. With that information collected, you can contact them in time, and lead them to being loyal customers. A beautifully designed landing page is the gateway through which you can make a lasting impression on your prospect’s mind.
If you are doing your business internationally, you most probably know that your accounting system should be able to handle some extra complexities. There are a variety of different regulations to follow working with different countries, and inevitably you work with different currencies.