The EP Blog

Grab a cuppa, kick off your shoes and learn something new

Smart financial management is essential for any business, no matter how big or small. However, it can be difficult to get things right, especially during the startup stage. Poor financial planning is one of the most common reasons that startups fail, so the sooner you take o...
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As a small business owner, the likelihood is that bookkeeping isn’t your favourite task. It is, however, extremely important in order to establish a profitable and financially healthy business that will be around for years to come. Compiling accurate financial data allows ...
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Every business owner must know where the money in their business comes from and where it goes.  That’s why financial management is one of the most important things to keep in mind. What is a business budget?  Simply put, it's a financial plan that gives a company...
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Managing different debts can be an arduous task for even the most capable business owners. Consolidating them into a single account can save interest and improve your credit score in the long run. Even successful companies go into debt for a variety of reasons, including pla...
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There’s no denying the importance of separating your personal and business finances. Although the two are very different, there are some common personal finance rules that you should apply to your business accounts. Let’s take a look at the personal finance tactics that ...
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In the early days of a small business, the owner often does everything from bookkeeping and accounting to marketing and sales. However, as the company grows, it becomes more complex and it's no longer possible for the owner to do everything. At some point, most small busines...
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When you’re planning to grow your small business, it’s always best to be proactive. As your business grows, there are things that will inevitably break or bend. The secret to sustainable growth is anticipating and preparing for this so that you can chart a steady roadmap...
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It’s important to keep your business alive and flourishing, but the truth is that most businesses experience stagnation at one point or another. Business owners need to be able to spot the warning signs of stagnation so that they can take action and get the numbers moving ...
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The pandemic has been a difficult time for businesses of all sizes. However, some small businesses have fared better than others, largely due to their resilience and ability to adapt quickly. In this blog post, we will discuss four key actions that have helped small business...
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Improving your businessHMRCsmall businessAccountingCovidStartupVATaccounting termsbookkeepingbudgetBusinessdebtdividendsFinancial goalsincome taxMTDNICPricingsocial responsibilityTax
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