Accounting and tax
Accounting covers all aspects of running a business from sales invoicing, cost control, management of cash flow and tax reporting. The choice of accounting package or accountancy service is dependent on each business understanding its need and how it wants to be competitive.
In this section, you can learn about the different types of accounting, understand which accountancy services are available and then compare accountancy software packages, where we have evaluated 18 comparison websites, industry reports and sector expert reviews to route you to the best places to get high-quality insight. We have also drawn together resources to help you register for tax, VAT and pension schemes, and discuss why each is important to your business.
Banking, payments and point-of-sale systems
In the current banking and payments market there are traditional banks, new challenger banks and many different payment services organisations, which together can present a complicated picture for management of your banking and payment needs.
Here you’ll decide which type of banks is right for you, plus get to grips with e-commerce payment systems in our “best of” list and learn more about point-of-sale (POS) systems.
Governance
Board membership and governance of any business is a critical for risk management, forming strategies to propel the business forwards and ensuring legal compliance.
This section covers responsibilities of the board (whether you are part of it or not), evaluating risk and how to assess KPIs as part of your management strategy.
Legal
Regulation and compliance require businesses to identify and implement relevant UK and international laws and standards. Meeting applicable rules can reduce the risk of something going wrong and lessen the potential cost and damage to business reputation.
The resources we have compiled allows you to identify what laws apply to you, know what insurance you need and how to protect your intellectual property.