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What Lenders Look for When You’re Applying for a Business Loan

What Lenders Look for When You’re Applying for a Business Loan Securing a business loan is a critical step in the growth and success of your company. Whether you’re launching a new venture, expanding an existing business, or addressing financial challenges, understanding what lenders look for can significantly improve your chances of approval. One crucial […]

How Do I Manage the Finances for My Small Business?

A Guide to Successful Financial Management If you’re a small business owner asking, “how do I manage the finances for my small business?”, you’ve landed in the right place. 1 Accounts Online Ltd, a leading UK-based accountancy practice, provides practical advice to guide you through the maze of small business financial management. How Do I […]

Do I Need An Accountant?

Do I Need an Accountant? Unravelling the Importance of Accounting for Your Business The question “Do I need an accountant?” is a common one among business owners, especially for start-ups and small businesses. As a leading UK-based accountancy practice, 1 Accounts Online Ltd aims to answer this question and elucidate why an accountant is crucial […]

The importance of accountability in business coaching

Elevating Your Enterprise with a UK Business Coach: The Role of Accountability in Business Success In the dynamic landscape of entrepreneurship, the key to achieving sustained success lies in recognising and harnessing the importance of accountability in business coaching. With a world that is rapidly evolving, being accountable allows business leaders to adapt, overcome challenges, […]

How Do I Understand My Business Finances?

Unraveling the Mysteries of Business Finances – the Fun Way! 1. When Business Finances Feel Like Hieroglyphics Ever found yourself staring at a pile of spreadsheets and financial statements, as decipherable as ancient hieroglyphics? You’re not alone. Thinking “how do i understand my business finances?” and actually understanding business finances can feel daunting. But fret […]

Should I Become a Limited Company?

A common dilemma faced by many budding entrepreneurs and freelancers in the UK is: should I become a limited company? This question arises as a natural step in the growth journey of any small business or self-employed professional. But, deciding to incorporate a limited company is a crucial decision that can have far-reaching implications on […]

Top 10 “I didn’t know that” questions answered

I didn’t know that? This is a phrase we hear a lot, especially when someone sets up a limited company and especially in January when personal tax returns are due. Here are our top 10 I didn’t know that questions 1 . I didn’t know that I needed a separate bank account?   Yes, a limited […]

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 […]

Hiring an accountant could save your business!

A lot of new businesses fail. A lot of old businesses fail. A lot of previously successful businesses fail. Why? Usually, it comes down to issues around finances. If you’re starting a new business, or if you’ve been in business for years and are trying to grow your team and scale your company, hiring an […]

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The Spring Budget – The Detail

On March 6, 2024, Chancellor Jeremy Hunt delivered a spring budget aimed at boosting public morale and securing voter support, especially important as an election looms and the UK faces economic challenges. This budget focuses on easing financial strains by lowering National Insurance for everyone, tweaking VAT rules for small businesses, and adjusting child benefit […]