Arslan Ali

If you're beginning a business, you'll need to learn at least the fundamentals of bookkeeping and accounting. We go over the primary jobs, some time-saving tips, and where we fit into the picture.What...

One of the most effective instruments in your financial armoury for determining how well your firm is doing is your profit and loss account (P&L).This is a simple set of numbers that will give you an...

Working as a freelancer has a number of benefits, including more flexibility, the ability to be your own boss, and more control over your career. Many freelancers, however, are aware that working in...

After retirement, you'll need to invest in pensions if you want to enjoy a life similar to today's. Pensions are the seeds that must be planted and watered in order to harvest future advantages. We'll...

If your company is small, you may be the bookkeeper — at least until you can afford to employ someone to do it. When your company grows to a certain size, it makes sense to hire someone to handle your...

Are you unsure whether you're a sole trader or a limited company?The most significant distinction is that a sole trader has full liability and control over the business, but a limited company's...

Simply put, there isn't much of a difference between being a "sole trader" and being a "self-employed" person on a day-to-day basis. Self-employment refers to someone who does not work for an employer...

What is the definition of corporate finance?Corporate finance is concerned with a company's capital structure, including its funding and management's efforts to raise the company's worth. The...

If you're thinking about starting your own business, you'll need a solid business plan. Take a look at our top tips for writing a business plan.A business plan should address the question: why will...

What should be mentioned on your tax return to avoid causing yourself problems.A corporation can be dissolved for a variety of reasons, including insolvency or simply reaching the end of its useful...

If you operate a Limited Company and want to save money on taxes, workplace pension contributions are a good option. These donations are considered an eligible business expense that can be deducted...

The simplest type of business is the sole trader or sole proprietorship. A business is run by a single individual who has complete control over it. There is no formal legal entity for this...

The accounting cycle is an important part of proper bookkeeping and financial management. The accounting cycle, when used correctly, offers the data needed to make effective business decisions.What is...

A mission statement is a concise description of a company's or organization's goals in the greater world. A mission statement is an integral part of an organization's overall strategic strategy. All...

Making the right decision at the appropriate moment is critical in business. You'll need accurate data and a strategic plan for this. Using the appropriate instrument for recording, analysing, and...