Whatever your business, it’s likely that COVID-19 will be impacting you.  You may be dealing with stock shortages, exporting issues, disrupted travel plans or a sales downturn due to tourist drop off.  The key now is to plan ahead for this disruption. Here is a summary of...

We all want to save time, money and stress! And at Abacus, this is something we belive in passionately.Our clients enjoy having more money and time to spend on important things outside of their business, along with less stress. Is your business stifling your freedom? Being...

As the director in a limited company, dividend payments are the usual way for you to take money out of the company – and see a financial return on your investment into the company. Dividend payments made to the company’s shareholders when the business has made...

What exactly is a forecast? Well, for centuries, accounting was all about reviewing historic information – but that only told you about the past, not what was going to happen in the future. If you’re only looking back at past periods and historic numbers, that limits...

Most of us aim for work-life balance, but it can be a tricky thing to do when everything gets busy. Here are a few tips that might help at any time of year: Take holidays - Holidays are great for allowing you to reset your thinking...

If you haven’t yet heard about the government’s new Making Tax Digital (MTD) scheme, and you own or run a business in the UK, it’s about time you got your head around the new legislation (and how it’s going to change your tax practices moving...

In case you've noticed something different about us - we have a brand new website! We’re pleased to unveil our brand new website, which has been designed and developed by local designer Hannah Howat, and written and optimised for search by content development firm Indy Consultancy. What’s...

So what's all the fuss about business networking? Here at Abacus, we pride ourselves in keeping in contact with our current clients, but also in developing relationships with new potential clients. Networking events are a great way to meet new people face to face and, over...

Why do businesses go bust? Businesses run into problems for all sorts of reason but most of them are avoidable. Here are some of the most common problems we come across. Failure to understand your market and customers Think about who your customers are and consider the best...

Some business owners don’t consider business insurance as being essential and feel it’s an expense they would just rather avoid. However, even with the financial considerations, this should definitely be a incorporated into your budget. Accidents unfortunately do happen, no matter how hard we try...