Tips for preventing late payments as a small business

Tips for preventing late payments as a small business

Small businesses saw a sharp increase in the length of time clients took to pay their invoices last month, according to data from accounting software Xero. The amount of time businesses had to wait for payment in January rose by 0.6 days to 30.5 days. On average,...
10 Common Accounting Terms, Explained

10 Common Accounting Terms, Explained

Having general accounting knowledge is crucial for any business owner, especially during tax season. Understanding common accounting terms is highly beneficial, as you will identify how they relate to your business and how it is performing. To help, we have compiled a...
Top tips for starting a hospitality business

Top tips for starting a hospitality business

Are you hoping to run a successful start-up in the hospitality sector? As an ever-changing and competitive market, the road to success is often paved with challenges, requiring a considerable amount of time, patience, and hard work. Be clear about your goals From the...