News from Simas Accounting & Tax
Making a Strategic Plan – Pitfalls to Avoid
By Helen Tomlinson
For businesses, having a strategic plan in place is vital for the long-term success and sustainability of the business. It serves as a roadmap that gives you a clear direction, sets out the priorities, and helps you to make sure that you are using your resources effectively to reach your goals.
There are some potential drawbacks and we will discuss a few so that you can avoid them.
My Work Experience Story
By Corey Timbrell
As a Year 10 student, going to work experience can be captivating as it gives you insights on what the environment of a workplace is like. However, it could also be quite alarming, as you have never done anything like it ever before.
Find out how I got on at Simas Accounting & Tax in this month’s blog.
Wave Goodbye to Payroll
By Aran Rahl
We all know how stressful the payroll run can be.
Have you ever thought about delegating this element of your business to someone else?
Outsourcing it to Simas Payroll for example?
Buying a Second Home
By Helen Tomlinson
We are often asked about second homes.
Specifically about the financial and tax implications of buying one.
Before you take the plunge, find out about the key considerations.
How a General Election Can Affect Business.
The General Election is now only weeks away. Regardless of what happens and who eventually wins, a general election represents a significant event that can shape the economic landscape of a country. For your business, these elections bring about a period of uncertainty and potential change. Let’s look at some of the factors worth looking out for so that you can be prepared for any potential changes.
Read the articleBenefits of Good Bookkeeping
By Helen Tomlinson
Keeping your accounting records up to date can feel like a chore, but when your bookkeeping is kept up to date, you and your business can gain some significant benefits.
Read the articleManaging Hybrid Teams
By Helen Tomlinson
As hybrid working has become more mainstream, managers have had to adapt. The emergence of hybrid teams – a blend of remote and in-office workers – has ushered in a new era of workplace dynamics. The challenge lies in effectively managing these diverse teams, balancing flexibility with structure and fostering collaboration amidst physical separation.
Read the articleAre You in the Cloud?
By Helen Tomlinson
In business, staying ahead of, or at least up with, the curve is crucial for success. Over recent years, one of the revolutionary tools that has transformed the way businesses manage their finances is cloud accounting. Cloud accounting offers many benefits over traditional, on-premise accounting systems.
Read the articleNavigating Success – Financial Resolutions for 2024
By Simon Mason
Strategic financial planning is crucial for weathering uncertainties, maximizing profitability, and ensuring long-term sustainability. In this blog, we’ll explore ten practical steps which provide advice and resolutions that your business could implement in 2024 to strengthen your financial foundations.
Read the articleBespoke AI and Data Science Mentoring
By Helen Tomlinson
Artificial Intelligence (AI) holds enormous potential for businesses, enhancing productivity and competitiveness. However, adopting AI technology can be challenging. That’s where “BridgeAI” comes in to support businesses harness the power of AI and unlock their full potential.
Read the article