Accounting Blog for Small Businesses
We offer a range of articles and advice for small businesses on how to get control of their finances, improve efficiency, and grow. Have a question that we don’t cover in our blog? Just give us a call, and let’s chat.
Best Invoicing Practices for Event Management Businesses
Unpaid Invoices Are Crippling Your Events Business Unpaid invoices can seriously disrupt the cash flow of your event management business. Whether it's weddings, festivals, or corporate conferences, steady cash flow is key to keeping everything running smoothly. According to a 2023 study by NatWest Group: 36% of payments taken in an average month arrive [...]
Thoughts from Kerrie: Spring Budget Impact on Performing Arts Businesses
The 2024 spring budget brought forth encouraging developments for the creative and performing arts sector, marking a significant boost for its growth and sustainability. Our director, Kerrie Jenkins, shares some initial thoughts about how it will impact performing art companies in the UK. The Chancellor stated in his budget speech, “In recognition of their [...]
Spring Budget 2024: Key Information to Know
The Growth-Focused 2024 Spring Budget Chancellor Jeremy Hunt delivered his ‘Budget for Long-Term Growth’ on Wednesday, March 6. In his 2024 spring budget speech, he promised 'more investment, more jobs, better public services, and lower taxes’. Lowering taxes The Chancellor made further changes to National Insurance Contributions (NICs), following the cuts [...]
How to Regain Control of Your Rapidly Growing Business
They say speed kills — and in business, unchecked rapid growth can be just as dangerous. If your expansion is outpacing your ability to manage it, it's important to act now. Here are some smart growth management strategies to help you regain control and build sustainably. How Do You Keep Pace of Rapid Business [...]
3 Challenges Every Growing Tech Business Faces (And How to Tackle Them)
Is Your Tech Business Ready To Tackle the Challenges That Come With Growth? Tech, digital, and creative businesses have huge growth potential — which is exciting, but growth also brings its own set of challenges. Being aware of these early on means you can tackle them with confidence. Here are three common obstacles growing [...]
How to Analyse Your Production Company’s Financial Position
Financial analysis is essential for maintaining the strength and success of a production company. It helps you identify strategic investment opportunities, create effective budget plans, and keeping costs in check. This analysis is crucial for determining the profitability of different productions and assessing potential risks. Think of it as a roadmap that guides intelligent [...]
Case Study – Resident Advisor: Do We Outsource or Build Inhouse?
Could an outside accounting firm really understand the business and provide enough support? How Atek Supported Resident Advisor's Rapid Growth Resident Advisor, the online magazine and community platform for electronic music, was growing rapidly. With that success came the need to make sure they had a full understanding of their finances to make smart [...]
Fix These 4 Poor Financial Habits That Could Be Hurting Your Business
Habits are everything. From getting up early to working out and eating healthy, habits are what differentiate successful people from others. The same applies in business – entrepreneurs who have good financial habits, such as budgeting wisely and investing strategically, tend to make better decisions than those who lack them. Recognising and breaking free [...]
Why Tech Companies Need Proper Scalability Planning
One of the biggest challenges faced by businesses in the tech sector is keeping up with the pace of business growth. Many businesses don't focus on proper scalability planning - a crucial step to sustaining growth and keeping their competitive edge. It's vitally important to take the time to plan for how you will [...]
How Performing Arts Schools Can Stay on Top of Their Business Transactions
If you're running a dance studio, a theatre training programme, a stage school, acting classes, a film school, or any other type of performing arts school, then you have a multitude of transactions occurring on a daily basis. As a business owner, it is important to stay on top of your financial transactions. This [...]
We make it easy to get started with Atek
