Brookscity Chartered Accountants

Calculating how much working capital you have can help you to better understand how efficiently you’re running your business and how good its financial health is in the short term.

From craft beer to luxury chocolate, Taste Tripper is pioneering "independent taste adventures". Read this post to find out more about the business and why it should be on your radar.

From solving water and energy scarcity to ending food waste, here’s a definitive list of environmental impact businesses in the UK.

Although entrepreneurs may form businesses based on charity, community issues and a strong desire for change, the finances of a business are what makes it successful. A business is not a business unless it is making money, so how well a business does always comes down to the finances.

A good business plan will clarify your business idea, define your long-term objectives and is vital for convincing a finance provider to support you

When launching a new venture, you will want the business to be legally recognised. But which structure is right for you? Here we explain the difference between a partnership and a limited company, with consideration of the advantages and disadvantages of either arrangement.

With so much do, accounting duties are often pushed aside, but that can lead to major business problems. Find out what you need to be aware of and how to avoid these common pitfalls.

Having a trusted advisor on your side is crucial to your small business success. If your facing any of these scenarios it's time to start working with an accountant.

The government is looking to make the taxation system fit for the 21st Century by increasingly digitising the process of collecting and storing tax information and submitting returns. This is all part of what is called Making Tax Digital or MTD, and it will have a significant effect on businesses in the UK.

As a small business owner your time is limited and trying to get a handle of everything can be difficult. This can lead to errors in how you manage accounts for your company, however the most common accounting mistakes can be avoided with proper planning. #smallbusiness

A business budget can be an invaluable tool for any small business because it keeps you focused on the long term and allows you to quickly identify where your money is going before it's too late.
Read this post to learn how to create a budget for your company and use our included template to get started. #smallbusiness

If you plan to start hiring this year or already have staff, a good payroll system is essential to manage PAYE returns. In our latest article we cover setting up payroll the first time, how to keep employee information safe, what to look for in a payroll system and a few recommendations for small businesses in the UK.

With a new year comes new challenges, helping others be their best can help ease the growing pains or downturns in the business. Being a good leader starts with listening and genuinely wanting to help.

Around 84% of small business owners in the UK are unaware of GDPR or how to comply. The alarming news is that after May 25, 2018, those in breach of the regulations could face financial penalties of up to €20 million, or four per cent of their turnover!

With over 50% of the UK population considering starting a business. Doing so doesn't have to break the bank. Thorough market research is essential as is prioritizing digital (website, social media, reviews, etc). Low start-up costs and high success is possible.

Using a good accounting system can benefit businesses of any size on top of making your life easier. With so many options on the market it can get confusing fast. In this post we'll show you what to look for and how to pick the best one.

The importance of good bookkeeping can get overlooked – and that’s when accounting errors occur. This article will help you avoid the hassle and get back financial control so you can make better informed decisions.

Interesting insights and #bizspiration from this startup. Something to keep in mind: "Finding the right investor, not just investment, is crucial for every entrepreneur."