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Pensions – the latest on auto-enrolment

Pensions – the latest on auto-enrolment Pensions auto-enrolment is coming, and being ready to comply before its introduction on 1 October 2012 is vital for all businesses in the UK. Understanding what your duties are as an employer can help you prepare for auto enrolment. What is auto-enrolment? Auto-enrolment will mean qualifying employees will need…

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Top 8 tricks to stop payroll driving you mad

Top 8 tricks to stop payroll driving you mad – how to manage your employees’ money as you expand Payroll is typically the number one concern for many small business owners worried about getting it right. But it needn’t be difficult – here are our 8 top tips to make payroll easier. 1. Know your…

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10 ways to avoid a cash flow crisis

Checklist: 10 ways to avoid a cash flow crisis Regularly check your cash flow forecast to keep on track with finances and to avoid shortfalls. Send out invoices promptly and be quick to chase overdue bills. Get to know your customer payment dates and don’t ignore irregularities or delays — a poor paying customer might…

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10 signs its time to outsource some of your work

10 signs its time to outsource some of your work… It’s easy to think you can do it all yourself when you’re running a business. But outsourcing can help grow your business, not to mention save time and money. Find out if it’s time to outsource. 1. Your business is growing If you’re thinking of…

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Recipe for success – good bookkeeping

Bookkeeping is a lot like baking — the secrets to success are accurate measurements, close attention and precision timing. Recipe for success – good bookkeeping… Ingredients Expenses and receipts Outstanding costs and debts Copies of invoices Cheque stubs Bank statements Equipment Spreadsheets or bookkeeping software package Calculator Method Weigh things up carefully. Accuracy is vital…

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