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Business Basics

Business Basics
Business Banking
2 December 2022

Gross profit, net profit & profit margins: what are they, how to calculate them and what's a good one

What is gross profit? Net profit? Profit Margins? This guide explains what they are, how to calculate them and what they can tell you about your business.

Business Basics
Business Banking
6 December 2022

A guide to purchase orders

What is a purchase order, what information do you need to include, and what's the difference between a purchase order & an invoice? Our guide covers it.

Business Basics
Business Banking
3 December 2022

What is an Invoice? How to write an invoice and what information is required

What is an invoice, how do you create one, and what information needs to be included? Our guide will help you make sense of it all.

Business Basics
Business Banking
4 December 2022

How to get unpaid invoices paid

Unpaid invoices can be stressful, but unfortunately not uncommon. Waiting on an overdue invoice? Here’s the steps you can take to get it paid.

Business Basics
Let's Talk Business
Business Banking
2 March 2022

Everything you need to know about Making Tax Digital

We've teamed up with our friends at Xero to share everything you need to know before 1 April's Making Tax Digital deadline 🧾

Some hands at a desk with laptops going over notes on some paper
Business Basics
Let's Talk Business
9 June 2021

Why getting paid on time really, really matters

Having to chase payments costs you more than just the money you're missing out on, it's extra work that takes up more time and causes extra stress.

A pencil drawing of a lightbulb containing a question mark
Business Basics
Business Banking
2 June 2021

Seven steps to validate your business idea

So you've got a business idea. But does it actually hold water? Here's some ways to put it to the test!

Someone on a chair typing on a laptop with an orange satchel bag next to them
Business Basics
Business Banking
23 March 2021

Thinking about outsourcing parts of your business? Here’s what you need to know.

There comes a stage for every business where outsourcing some functions makes sense. Check out our tips on how and what to outsource.

A woman wearing headphones writing in a notebook on a desk by a laptop
Business Basics
Let's Talk Business
18 March 2021

Make your side hustle your main hustle: what you need to get started

Thinking of turning your side hustle into your main job? Here are some things to think about when it comes to taking your passion project full-time.

Let's Talk Business
Business Basics
5 January 2021

Self-employed? Here are the basics you should know about tax

When you’re self-employed, getting on top of your taxes is really important, and they can be pretty stressful if you leave them to the last minute. So the team at TaxScouts have come up with a few tips to help you stay on top of it!

Business team at work
Let's Talk Business
Business Basics
15 December 2020

How accounting can help your business grow

A lot of businesses think of accounting as something they have to do, rather than something they want to do. But done right, accounting can help your business grow - here's how.

Image showing an accountant's desk.
Let's Talk Business
Business Basics
4 December 2020

Accounting basics that every small business needs to get right

Healthy accounting and bookkeeping habits will help things run smoothly. You’ll be able to see how finances are going – and make tax season much less of a stress. The team at Xero accounting software explain what you need to keep an eye on, and why.

Let's Talk Business
Business Basics
22 October 2020

Startup accounting: what to do in your first weeks of business

So you’ve started a business? Nice, now you get to do accounting. Lucky you! Here's what you need to think about in your first few weeks.

[Blogpost] Self Employed People Coronavirus annoucements
Let's Talk Business
Business Basics
30 September 2020

Five ways to look after your mental health when self-employed

Working for yourself comes with its own unique challenges - here are five ways to make sure you're looking after your mental wellbeing when self-employed 💚

A tweet that says "If your bank account could talk, what would it say?"
Business Basics
Let's Talk Business
Business Banking
21 August 2020

How to run social media for your business, according to Monzo

The Monzo marketing team share how to get started with using social media to promote your business.