Even the most experienced business owners can fall into financial habits that hold them back. From only reviewing numbers once a year to undercharging or sticking with the wrong accountant, we’ve seen the same mistakes crop up time and again.
In this article, we break down the top 5 finance mistakes that trip up business owners and how to avoid them.
Your accountant shouldn’t just show up once a year. They should be someone you can talk to, who helps you understand your numbers and supports the decisions you’re making day to day.
This article shares what that kind of relationship looks like and why it matters.
We know our clients didn’t start a business, excited at the prospect of doing their accounts.
But just because you aren’t doing your own accounts, doesn’t mean you shouldn’t have some understanding of what goes on with your accounts.
In this article we’re talking about what actually gets submitted to HMRC whether you’re a sole trader of limited company. and why it matters.
Financial clarity gets talked about a lot, but what does it actually mean when you’re running a business day to day?
It’s not about having perfect spreadsheets. It’s about feeling confident, knowing what your numbers are telling you, and making decisions without second-guessing yourself.
In this article, we explore what real financial clarity looks like, how it helps you feel more in control, and the kind of support that can make it happen.
This case study unveils a client’s journey from financial chaos to stability, highlighting the critical role our expert financial management at Troy Accounting played, in navigating the complexities of this transformation.
When the outside world feels unstable for you business, focus on what you can control. Your numbers, your plans, and your next steps.
In this article we share 5 ways to create stability in your business, even when the outside world feels anything but!
When it comes to reviewing your business finance reports it can feel overwhelming knowing where to start, but honestly, it doesn’t have to be complicated.
In this video our Director, Helen, shares three key reports we recommend checking regularly.
It’s so easy as business owners to get caught up in the daily whirlwind of doing all the things, ticking off endless tasks, without stopping to check whether it’s really moving the business forward.
In this video, our Director Helen shares a few practical ways you can pause, step back, and reassess.
Once your sole trader profits hit £50k, it’s time to think about the benefits of becoming a limited company.
From tax efficiencies to limited liability, making the switch could be a game-changer for your business as we discuss in this video.