Piece of Cake Accounting

Category Archives: Best practice

Laptop open with someone's hands working and text 'Making Tax Digital (MTD)'

What is it and do I need to worry about it? In this blog, I explore what Making Tax Digital (MTD) for Income Tax Self Assessment (ITSA) means and what you need to consider in preparation for the deadline.

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Happy coffee shop owner stood at counter of a profitable coffee shop in front of blackboard

The short answer to ‘how can coffee shops be profitable?’ is “with my help!” I have a real passion for making coffee shops more profitable and I think it really feasible.

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A mobile phone with app icons floating above it to represent a number of subscriptions

We live in a “subscription world”. However this ‘convenience’ can also mean it’s easy for a business to waste money on unnecessary subscriptions or by regularly paying a small amount for something you don’t need.

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Cash flow words above a bar chart, with calculator and mug of coffee surrounding

It seems counterintuitive, but cashflow is something that can really catch out a business. How can a business which on paper should be in profit suddenly struggle…or even go bankrupt? The answer is usually cashflow!

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Hands working at a white desk at a tablet, with an invoice in front of them and a calculator, doing their own bookkeeping

I understand that as a small business outsourcing anything can feel difficult, especially when costs are tight and money isn’t free flowing. There are some key areas to consider when deciding if doing your own bookkeeping is right for your business.

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hand dropping a full black bag in an industrial bin

If you have a product-based business and certainly one with consumables, then doing a regular stock take and keeping a good account of your wastage is very important.

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