When Is Revenue Not Revenue?

Business Revenue Sales, turnover, income, whatever you decide to call it. Revenue is the money coming in to a business. For most business owners it forms the lifeblood of the company, it is what everything else is pointed toward. However one of the biggest accounting mistakes businesses make is thinking revenue is revenue when it
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Tips To Improve Your Business – Part Three (Tax, VAT, HMRC)

There is a reason why we say that things are taxing, because tax is not easy, it is not necessarily fair and there is no easy way to understand company tax law. HMRC make the rules. You must obey the rules. Think of your regular football referee who mistakenly sends a player off, that player
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Profitability and What Is It In The Eyes of a Banker?

Profits, sound pretty simple doesn’t it? You sell, you take off your costs, take off your overheads, feed the family, and what’s left is profit. Maybe, but it is important to understand what profitability is in the eyes of a banker. So what is different and what does a banker look at when profit is
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