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What does ‘good’ look like for retail businesses?
Retailers, especially those without a website, are on their last legs. Restrictions cost them £22bn in lost sales in 2020. Surely 2021 will provide light at the end of the tunnel, starting with the Spring Budget.
Getting back on the horse if your business fails
The pandemic clarified what has been working in the world, and what hasn’t. The haves and have nots. Here’s some advice on what to consider before starting a new business in 2021.
Why I’ll always tell you if your business isn’t working
Sometimes, it is our reluctant task to tell a client that their business just isn't profitable. While it's always better to discover this earlier to help to identify pricing or cost issues, the realisation can come at any point along the business...
Now is the time to switch accountants, and it’s easier than you think
Nobody likes firing people, especially at this time of year, but now is the time to join Diamond if your accountant isn’t up to scratch – and it’s easier than you may think.
How does HMRC investigate you?
It’s inevitable that some businesses will face a routine tax audit conducted by HMRC. Along with it being a time consuming and complex process for companies and sole traders, it can sometimes even lead to a higher tax bill.
How to manage payroll for restaurants
One of the questions we get asked a lot is: What percentage should payroll be for a restaurant? Restaurants typically spend 20-40% their income on staff wages, so it is vitally important to keep it organised. Running payroll for our clients in the...
Want to talk instead?
We get it. At Diamond, we're talkers, too. If you've got a question about accountancy or want to explore an business idea with one of our expert advisers, call, email or message us now.