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Business Success Insights

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Business Insights

November 12, 2024
The Three Freedoms Every Business Owner Should Achieve

Running a business can feel like a juggling act. You’re constantly under pressure, losing sleep, and never have enough time. […]

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November 5, 2024
You Could End Up With Nothing! Exit, Cessation, and Succession Planning to Secure Your Business's Future

You could end up with nothing unless you plan your business exit properly! At Carthy Accountants, we help you define […]

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November 1, 2024
How does the budget affect your small business?

This week's Budget announcement has brought several changes that will impact small business owners, especially those managing payroll, taxes, and […]

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October 29, 2024
What You Need to Know About Crypto Assets and Tax

If you're trading cryptocurrencies or NFTs, it's important to be aware of the tax implications that come with your activities.  […]

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October 22, 2024
Corporation Tax Rules: What You Need to Know to Stay Ahead

From 1st April 2023, major changes in Corporation Tax have taken effect. If you're running a business, it's important to […]

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October 15, 2024
What You Need to Know About Holding Companies: A Simple Guide for Business Owners

As a business owner, you’ve probably heard the term ‘holding company’, but what does it actually mean? More importantly, how […]

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October 8, 2024
What key announcements could be in October's Autumn Statement?

Following on from the recent conference speech, it’s no secret this year’s Autumn Statement may well contain some sweeping changes […]

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October 1, 2024
Unlocking the Power of Local Networking: Why Relationships and Referrals Matter for Your Business

At Carthy Accountants, we know how important it is to build connections with other businesses. Local networking is one of the […]

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September 24, 2024
Five Responsibilities Every Limited Company Director Should Know About

Becoming a director of a UK limited company brings both opportunity and responsibility. Directors are entrusted with the management of […]

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September 17, 2024
5 common accounting mistakes (and how to avoid them)

Running a business can be a challenging experience, especially when it comes to managing your numbers and staying on top […]

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September 10, 2024
Be a Better Leader: Building a Strong Workplace Culture

The culture within your workplace is the foundation upon which your business thrives or struggles. As a leader, your ability […]

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September 3, 2024
Mastering Structure for Business Success!

Creating the right organisational structure is crucial for the efficiency and scalability of your business. The ideal structure allows your […]

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August 27, 2024
Planning For Your Success!

Someone once said that ‘hope is not a strategy’. As the summer holidays come to a close, it's the perfect […]

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August 20, 2024
Where Are You Now?

Success in business is a journey, and like any journey, it’s crucial to know where you’re starting from. This step […]

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August 13, 2024
Embrace Life-long Learning For Business Success

In the evolving world of business, staying ahead means constantly learning and growing. It's amazing what we, as humans, don’t […]

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August 6, 2024
What Does Success Look Like For You?

Success means different things to different people, especially when it comes to running a business. For some, it might be […]

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July 30, 2024
10 ideas for greater success

As dedicated small business owners, juggling multiple responsibilities can sometimes feel overwhelming. Everyone seems to be having a great summer […]

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July 23, 2024
Achieving financial freedom

When you started in business, what did you imagine your lifestyle would be? How does your current lifestyle compare? Many […]

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July 16, 2024
More time, more money, and peace of mind!

We believe our clients all deserve the three freedoms: Financial Freedom; Time Freedom; and Mind Freedom. In other words, more […]

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July 9, 2024
Could your business survive without you?

Would your business still thrive, or would it suffer a catastrophic failure if you suddenly stepped away? It’s tough to […]

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July 2, 2024
Preparing your business for a holiday

As a business owner, the idea of taking a holiday might be far from your mind - you may not […]

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June 25, 2024
The ABCs of Bookkeeping

In today's digital times, you're probably used to having unrivalled access to your financial numbers, key performance indicators (KPIs) and […]

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June 18, 2024
How does an accountant save you money?

Turning a profit will be high on your list of goals as a business owner, and if you want to […]

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June 11, 2024
What Can You Do With Surplus Company Cash?

Do you have surplus cash sitting in your business bank account? Your cash is ‘surplus’ when it exceeds the money […]

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June 4, 2024
Using Data to Make Better Decisions

As a business owner, you want to make the best possible decisions for your business. The choices you make regarding […]

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May 28, 2024
How to keep the cash flowing

Running a business is hard work, and keeping your business afloat with steady cashflow can sometimes seem impossible. Even profitable […]

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May 21, 2024
Unlocking your team’s potential

Small businesses are reliant on their team’s productivity, motivation and cohesion. Anything from a lack of trust to inconsistent performance […]

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May 14, 2024
How team training expands the skill-set of your business

Spending time and money on team training is a must. When your employees see you're invested in their future, they […]

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May 7, 2024
You've got (too much) mail

Trying to work with the relentless flow of email can negatively impact your business. Managing email effectively is crucial for […]

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April 30, 2024
How to scale your start-up

Scaling up your business isn't about steady growth over time. It's about having a clear strategy for quickly expanding the […]

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April 23, 2024
The art of delegation

Do you ever get to the end of a work day and wonder where time went?  You barely made a […]

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April 16, 2024
Outsource for success

A surge in work is great news for a small business – but it can also be a source of […]

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April 9, 2024
Spring budget recap

The Spring Budget promised tax cuts, but failed to deliver significant good news. We’ve summarised the main business points and […]

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April 2, 2024
Mission critical

Your mission statement should be something that everybody in the company knows. It should inspire and unite your team. In […]

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March 26, 2024
Navigating leadership roadblocks

Whether you’re a seasoned leader or you fell into a leadership role without formal training, we all face roadblocks & […]

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March 19, 2024
What hat should you be wearing?

Are you wearing a Director hat or a Leader hat? Director is a strategic role; Leadership is an operational role. […]

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March 12, 2024
The leadership journey

As a business owner, every decision can have a significant impact on your future. Whatever the size of your business, […]

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March 5, 2024
10 hot questions to ask yourself as a business owner

Do you want to push your business to the next level? Here are 10 hot questions to ask yourself as […]

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February 26, 2024
How to get original with your marketing on a budget

Having a smaller marketing budget should not hold back your creativity. Here are 5 ideas for original, innovative and effective […]

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February 20, 2024
Stop selling and start adding value

Boost your conversions with valuable content marketing lead magnets. Bringing leads into your business drives sales but how do you […]

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February 13, 2024
How your small businesses can compete with big chains

In tough economic times, small businesses can struggle. Big multinational chains often have the scale to undercut local competitors and […]

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February 6, 2024
Setting your sights on achieving your goals

January came and went in the blink of an eye. By now you have probably set your goals for the […]

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January 29, 2024
A simple guide to cashflow

Positive cashflow is the beating heart of your business. Find out how to get in complete control of your cash […]

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January 22, 2024
The importance of Business Development

Want to expand your business development (BD) activity, but not sure how? We’ll help you highlight the opportunities and draw […]

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January 15, 2024
What is your plan for business success in 2024?

Where do you want your business to get to over the next twelve months? Making decisions now will help you […]

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November 27, 2023
The mentor you didn’t know you needed

Looking for someone to guide your entrepreneurial journey? Your accountant could just be the one to help. A business mentor […]

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November 20, 2023
Companies House Update

In August we wrote about changes at Companies House via The Economic Crime and Corporate Transparency Bill. Now with royal […]

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November 13, 2023
Get Set for Success in 2024

As we stand on the threshold of a new year, it’s the perfect time to set our sights on the […]

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October 30, 2023
Strategic Share Distribution

Businesses navigate a challenging arena, where managing financial decisions and profit distribution is critical. Alphabet Shares are a strategic tool, […]

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October 23, 2023
A Guide To Navigating the Varied Vessels of UK Business

In our ever-changing business environment, entrepreneurs are presented with a multitude of vessels through which they can operate. Akin to […]

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October 16, 2023
Could You Be A Property Investor?

Investing in buy-to-let properties is an increasingly popular method for individuals to secure their financial future. However, before venturing into […]

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October 9, 2023
Thinking of Buying a Property?

There are multiple reasons why you might want to buy a property through your business. You may need a bigger […]

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October 2, 2023
Welcome Tessa - A New Director!

Tessa Foy, a familiar and dedicated member of our team, has recently achieved a significant milestone. In recognition of her […]

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September 25, 2023
Beware Buy-To-Let Tax Avoidance?

Since George Osbourne changed the rules for landlord tax in 2017 there has been a ‘loophole’ that some have tried […]

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September 18, 2023
Is it Time to Build Your Portfolio?

Many of us will have taken a moment over the summer to reflect on our business goals and finances and […]

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September 11, 2023
Get the Life You Want

A key benefit of owning your own business should be choosing your working hours. The reality can be quite different. […]

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August 21, 2023
Is a holiday still a long way off?

It’s August, and for many people, that means one thing - holiday! But for many small business owners and entrepreneurs, […]

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August 7, 2023
Looking For The Exit?

Owning a business can be brilliant, but you might not want to do it forever. Whether you’re ready to retire, […]

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August 1, 2023
Get the Most From Your Pension Strategy

Have you adequately planned out your retirement years? Your employees will automatically be enrolled into a workplace pension scheme. But […]

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July 24, 2023
Planning The Future Now

Succession planning is an integral, but often overlooked, aspect of small business management. It involves strategically identifying and developing potential […]

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July 10, 2023
What is ChatGPT?

The chances are you’ve heard ChatGPT being mentioned heavily in your social feeds and in business articles in recent months. […]

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July 3, 2023
Banking On New Technology

Digital banks are disrupting the sector, but they have limitations. The amount of tech that is being launched every day […]

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June 27, 2023
Visit a Trade Show and Unleash Growth Opportunities

Last month we spent a few days at Accountex London; the exhibition for accountancy firms to meet, learn, be challenged, […]

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June 20, 2023
Cashflow is the fuel in your business engine

Imagine your business as a powerful engine, driving growth and propelling success. Now, picture cash flow as the fuel that […]

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May 22, 2023
Achieving the perfect work-life balance can be a stress in itself

If you are feeling the strain of building your business and maintaining your life, the good news is that stress […]

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May 15, 2023
B Corp is changing the way we view businesses

With capitalism increasingly being seen as the root cause of many of the world’s issues, the B Corp concept aims […]

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May 8, 2023
How green is your handprint?

Carbon handprint is a concept that is used to measure the positive impact of an action, product, or service on […]

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May 1, 2023
Creating a Positive Impact

We believe it’s important to provide excellent services to our clients and create a positive impact on the world around […]

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April 24, 2023
Change of Tax Basis Period for Unincorporated Businesses

Are you self-employed? Or are you a partner in a trading partnership? There are proposed changes to the tax basis […]

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April 17, 2023
Is Your Long Term Goal To Sell Your Business - Here Are Some Key Things To Consider

Selling your business is a big decision. If you’re a limited company, you’ll usually be faced with two choices for […]

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April 10, 2023
New Corporation Tax Rules. Let's help you keep as much of your money as possible!

The first quarter of the year is over. Where did that time go? We may only be three months of […]

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March 20, 2023
Networking Mythbusters

We are big advocates of networking. If you are unsure about it but think it might be something you should […]

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March 13, 2023
A rise in the National Living Wage and Minimum Wage

The National Living Wage (NLW) and the National Minimum Wage (NMW) are increasing. The rise announced in the Autumn Budget […]

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March 6, 2023
Eight Years Without a Break

Paul Walters of Stafford Industrial Supplies wanted to build a team that worked well together and gave him time off, […]

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February 20, 2023
Improve your cash flow & profit

Do you wonder why there’s never as much money in the bank account as you expected? Set up your business […]

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February 13, 2023
Cash is not profit!

Let’s be honest, the purpose of a business is to make money. That means knowing the difference between profit and […]

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February 6, 2023
Stick to the plan!

February - the month of failed plans and shattered dreams. New Year resolutions are a distant memory, and Groundhog Day […]

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January 23, 2023
What’s your plan for 2023?

Where do you want your business to get to over the next twelve months? Making decisions now will help you […]

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January 16, 2023
MTD for ITSA

Get Ready for Making Tax Digital (MTD) for Income Tax Self-Assessment (ITSA). From the 6th of April 2026 self-employed businesses […]

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January 9, 2023
Make 2023 your year!

What a year 2022 turned out to be! Whether you are a small business owner or a sole trader, last […]

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September 26, 2022
Another Budget, but what does it mean for you?

With another change in Government, comes another change in ideas on how to fund the re-stability and growth of the […]

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March 4, 2021
How long should you keep your tax records?

If you are self-employed, and obliged to submit a self-assessment tax return, you must keep your tax records for at […]

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February 10, 2021
Six Ways an Accountant can Transform Your Business

It’s common for a lot of business owners to feel that hiring an accountant is a luxury they can’t justify. […]

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February 4, 2021
Location, location, location – how geography affects property tax planning

Now that Wales and Scotland have devolved powers for taxation purposes, residents that live and work in the border areas […]

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November 15, 2020
Who Qualifies for the Minimum Wage?

As you would expect there are a range of conditions that affect the answer to the question: Who qualifies for […]

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October 15, 2020
How Virtual Networking Can Help You During the Lockdown Period

At Carthy Accountants networking has always been a massive marketing tool for us. In the past we have been members […]

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August 15, 2020
The Secret Diary Of Gillian Yeomans

How Covid-19 has highlighted the benefits of being in the cloud for your accountancy services – “The Secret Diary of […]

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July 16, 2020
Changes in the VAT rate for the hospitality and tourism industry

From 15 July 2020 to 12 January 2021 the hospitality and tourism industry will be able to temporarily reduce the […]

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June 15, 2020
Covid-19 – Self-employment – is it an option for you?

It is almost inevitable that as a result of Covid-19, and its effect on the economy, that some people will […]

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May 29, 2020
Top Tips for Working From Home

The current Covid-19 situation has forced far more people than ever to work remotely. There are lots of advantages of […]

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May 7, 2020
My New Paperless Office

I have been working at home now for six whole weeks.  It’s strange sitting in an office on my own, […]

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April 28, 2020
Coronavirus Bounce Back Loan Scheme

Yesterday the Chancellor announced more support for small businesses with the introduction of the Coronavirus Bounce Back Loan Scheme, which […]

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