1 Accounts shortlisted for prestigious national award

A commitment to supporting businesses through the pandemic has seen 1 Accounts shortlisted for a top national award. We have been named in the top five of the prestigious Accounting Excellence awards in the Medium Firm of the Year category. While acknowledging the growth of the company, the shortlisting is also testimony to the bespoke … Read more

Starting your own business after redundancy

Facing redundancy can be incredibly challenging, but it could also be the perfect time to start a brand new career based on your interests, your lifestyle and your aspirations. Does this sound too good to be true? With these five steps, we can help you transform your redundancy package into your very own startup: 1) … Read more

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 … Read more

The 9 step guide to business development

Here at 1 Accounts we are invested in helping your business develop and succeed. We find allocating some time each week to business development is the best way to really make sure that your business grows according to your plan. Business development is: any activity that is nurturing the future of your business, not the … Read more

Payments on account

If you complete a tax return you may have to pay your tax twice a year. This sounds like it should be bad, but it can be a helpful way of spreading your payments throughout the year. What are payments on account? Payments on account are made twice a year and are payments that you … Read more

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 … Read more

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 … Read more

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 … Read more

How to increase your business capacity without breaking the bank!

Winning new clients should be an exciting part of growing a business. And yet, due to the current climate, this rising demand is often met with limited resources and labour shortages. Throughout this article, we’ll explore how outsourcing and offshoring can help you increase your capacity without breaking the bank! What is the difference between … Read more

Why knowing your numbers is important

Every Sunday, Paul reads The Sunday Times to keep up to date with current affairs and to read the great reports in the business & money section. In his column, Julian Richer of Richer sounds talks about the importance of knowing your numbers and taking an interest in the bookkeeping and accounting side of your business … Read more