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How do I stay compliant with HMRC?

Your Guide to Navigating UK Tax Regulations If you’re a business owner or a self-employed individual, one question that may often cross your mind is, “how do I stay compliant with HMRC?” As one of the leading accountancy practices in the UK, 1 Accounts Online Ltd is here to guide you through the essentials of […]

Boost your productivity

Why you need to ditch perfectionism and embrace failure! Everyone wants to be successful, but there’s a difference between working hard and striving for perfection. When we’re too focused on getting everything right, it can harm our productivity levels; and when we’re less productive, it’s easy to feel worn out or exhausted every day. We […]

13 Ways an Accountant Can Help a Small Business Owner

There are two huge mistakes that many start-ups or small business owners make. The first one is trying to manage their own accounting system. This is often done incorrectly which can hurt the business in the long-term. The second mistake is assuming that an accountant is only good for managing accounts and filing Tax or […]

7 ways to have the right mindset for growth during a recession

A fixed mindset is thinking that the recession means business stops and clients don’t want to spend money. A growth mindset is using this recession as an opportunity to adapt and do things differently. You bees the second mindset if you want to grow your firm doing the recession. The only thing holding you and […]

Is your small business struggling to make a decent profit? Here are six little known profit holes.

With the economy as unpredictable as it has been lately it is essential for small business owners to take a good look at your overheads and cost of sales. Add into the mix the rising cost of labour, materials and shipping, and this exercise to examine your cost base may be the difference between your […]

How to encourage reluctant staff to return to the office

Since the government advice to work from home was lifted earlier this year and employees have been making their way back into the office, it seems some employees are more enthusiastic than others. How do we encourage our reluctant staff members to return to the office happily, rather than handing in their resignations? Throughout this […]

Flexible Working: Moving from a time-based approach to an outcome-based approach

Flexible working isn’t new. In fact, research shows that many of us (87%) wanted to work on a more flexible basis in 2018 and 2019. What is new, however, is the many businesses that have continued to adopt either completely remote working or a hybrid model since the pandemic transition. They have continued to work […]

Talent Management Planning: Why Do It?

Talent management planning is a term we often hear floating around the business world, but what exactly does it mean and why should we do it? To help you gain a clear understanding, we’ll explore what talent management planning is, what it consists of and, most importantly, why it’s beneficial to both you and your […]

How to combat rising wages and staff shortages

It’s no secret that hundreds of small businesses are suffering from increased wage costs and staff shortages. These issues span multiple industries, from hospitality to construction, and have only intensified since the beginning of the pandemic. So, how do you handle rising demands with limited labour? To help you navigate these challenging times, we’ve curated […]

6 key changes businesses should have made over the past 2 years

The pandemic has been transformative in many ways. It has changed how we view our health, how we communicate and, of course, how we run our businesses. Whilst we certainly wouldn’t want to do it again, it has taught us a lot of valuable lessons. In light of the lesson we’ve learnt, we thought we’d […]

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Election 2024: What Business Owners Need to Know

Election 2024: What Business Owners Need to Know As the 2024 election approaches, business owners across the UK are keen to understand how potential changes in government policies might impact their operations. The outcome of this election could bring about significant shifts in economic, tax, and regulatory environments. To help you stay informed and prepared, […]