Category: Articles

From technological advancements impacting businesses and individuals across the globe to macroeconomic ripples that are influencing the decisions of bankers and consumers, 2023 is already a year of trends and transformation.

Moving house marks a new milestone in your life and there is a lot to consider if you want to make the process as smooth as possible. It’s natural to be mostly focused on packing and getting your old property ready for new owners but it’s important to not neglect the financial side of things.

According to Zippia, the rate of failure of small businesses in the US during the first year of their operation is 22%. These businesses fail due to a lack of experience and improper business management skills.

Gold has always been valuable. While there are those who would argue that modern currencies are the only form of money that can be accepted, there are others who maintain that gold’s value is something different. 

Your estate is one of the most important things that you can build. It sets you up for your retirement and can provide your family with financial support, long after you’re gone.

There comes a point in every working person's life when they wonder what can they do to build financial security for retirement? Fortunately, it's a question that has several realistic, practical answers.

There are many costs to incur when setting up a business, and some of these are less obvious than others. From marketing expenses to legal fees, waste management and various types of equipment, setting up a business is no easy task.

In today’s commercial world, there’s a shift happening. This has seen the role of finance teams change from dealing only with accounts and spreadsheets to being involved in business strategy and decision-making too.

Cost-cutting is essential to a business's profitability and long-term viability. Businesses may boost profits, improve competitiveness, and guarantee long-term financial stability by managing expenses.

Over-50s are increasingly battling a financial midlife crisis with nearly one in three (32%) rating their financial health as poor and many admitting this is damaging their physical and mental well-being, a new study* from Investec Wealth & Investment shows.

Are you looking to move home? If so, you’ll want to check out the following tips on how to spot a great deal and the red flags that you need to be aware of.

When it comes to accelerating business processes, credit unions can't afford to miss out on the power of CRM.

Global e-commerce sales are expected to hit $6.3 trillion in 2023 and will reach about $7.5 trillion over the next two years by 2025. This shows that the industry is growing steadily without indicating a slowing down.

Looking after your assets can be important, especially if you have a family who relies on your income. Whether you work for a company or yourself, you might want to consider the ways that you can maximize your income, taking off some of that pressure each month

For many small business owners, accounting can be a daunting task. With limited resources, it's crucial to manage finances effectively to maintain a stable and profitable operation.

There’s no shortage of business owners who believe they can do it all on their own. A certain industrialist who recently bought a major social media network comes to mind. But he’s not alone. The list of so-called self-sufficient business owners is long.

Latest data from Aviva (January 2023) has again found the gender pension gap begins to widen significantly from the age of thirty-five, and there are still significant gaps between how much women pay into their pension compared to men.

Are you in a lengthy legal battle and feeling financially strapped? It can be incredibly difficult to manage the financial burden of any type of litigation, especially if it’s a long-term case.

We live in a world where automation is taking over workplaces and handling tasks without any human intervention.

Everyone messes up sometimes. You might do something small like accidentally sending a private message to all your co-workers. But other mistakes can hurt you, especially if you make a poor investment.

Business owners often require external financing sources to sustain day-to-day operations. Such sources are necessary when proprietors need to procure funds to manage business operations.

Small startups often need capital to grow. This financing can originate from various sources. Before you look for funds, you should have a solid command of business strategy and a clear vision of how to use your investment money to grow your business. 

Business financing can provide the necessary support to help your small business succeed and stay afloat. With numerous options available, some small business owners might feel overwhelmed by the sheer number of choices they are using to finance their business needs.

The global digital payments market is now estimated to be worth more than the car manufacturing sector, and is expected to reach USD$20 trillion by 2026. According to virtual payment card provider Lanistar, this extraordinary growth of some 24 percent per year is being driven by a combination of technological innovation along with changing expectations and spending habits among consumers.

With the end of the 2022/2023 financial year on 5 April nearly upon us, the experts at Perrys Chartered Accountants have put together a checklist of tax reliefs to make the most of before it’s too late.

If you’re just beginning the crazy and sweet journey into the entrepreneurship world, you’re probably overwhelmed with all the new challenges this sort of voyage brings on. 

Tax is a fundamental and inescapable part of life. It’s crucial in the big picture of society because it helps to pay for essential systems and processes such as healthcare, emergency services, infrastructure and much more.

The market experienced serious losses in 2022, but the tide is turning in 2023. Last month, investors were given a glimmer of hope for the beginning of a market recovery, which was up 6% since the beginning of the year. While investors are still experiencing high-interest rates, the potential for debt default, and the ongoing discussion of a recession in their minds, we are likely to see financial recovery over the course of the year.

According to a study released by the Money Charity, the average total debt per UK household stood at £62,286 in June this year.

As we are in the midst of a cost of living crisis, the prospects for small business owners can seem relatively bleak. Now is the time for small businesses to scale back and cut down on any irrelevant costs before they grow - focusing on what will drive revenue and help them to succeed within their market.

Source advisors are professionals who provide insight and guidance to organizations on how they can use data sources in the most effective way. These people understand the nuances of data sources, including their advantages, limitations, and potential opportunities for improvement.

What are some of the new wrinkles in this year's personal finance situation? For starters, home-based workers can get more of a tax deduction for many of their expenses. But even more important is the continuation of such manoeuvres as co-signing on student loans, higher limits on IRA contributions, and fresh tactics for getting the most out of grocery discounts.

As an entrepreneur, you want your company to succeed. However, having a solid idea or high-quality products for your startup company isn’t enough to achieve success. You must also be aware of the legal challenges of setting up a startup company.

In a recent survey from Paragon Bank suggested that the number of landlords planning to set up limited companies to purchase buy-to-let properties had increased by 50% from the first quarter of 2022 to the second. That’s the highest number of landlords in the last three years that have said they are thinking of using limited companies.

Retirement planning can be a daunting task, with so much to consider. One option to look into is investing in an annuity. Annuities are a way to guarantee a steady stream of income during retirement and can provide peace of mind for those looking to ensure their financial security.

As a financial advisor, it’s critical that you have a strategy for overcoming the competition. Without this, you’re likely to get lost in the crowd. And when that happens, growing your business becomes very difficult.