Data Protection? Mere box-ticking is not the answer.

T-Mobile. TalkTalk. Multi-billion-dollar telecommunications companies that wish they had taken their data protection obligations more seriously.  I know from experience that many organisations view regulations such as the European Union’s General Data Protection Regulation (GDPR), as burdensome red tape; a ‘box-ticking’ exercise that holds them back from doing business. But, Read more

By Peter Farmer, ago

Our Billing Process

Double-entry accounting should, in some cases, be called ‘double-effort’ accounting. In the case of receivables and payables, that’s true. Each invoice raised by a supplier needs to be entered at the other side by the customer… therefore any efficiency we make in how we raise them should also represent an Read more

By Carol Topley, ago

Sole trader or limited company?

If you decide to move to self-employment, you’ll need to choose a legal structure for your new business – in the UK, the vast majority of small businesses are either sole traders or limited companies. So, what are the differences and which should you pick? Sole trader Being a sole Read more

By Carol Topley, ago