COVID-19 and Summer Update

COVID-19 and Summer Update

by | Jul 13, 2020 | Hints and Tips

Coronavirus Job Retention Scheme (CRJS) In our last update we detailed the changes and extension of the CJRS – here’s a quick overview to recap: From 1st July flexible furlough is in place; employees can work hours at full pay, and still be furloughed for hours they...
Big Company Accounting for Small Businesses

Big Company Accounting for Small Businesses

by | Jul 7, 2020 | Hints and Tips

Big company accounting for small businesses is a term we at Elite Accounting sometimes use when describing ourselves – this is what we provide. But, what the heck does that actually mean? Well, here are some practices medium, large and corporate companies do from an...
What and How to Outsource

What and How to Outsource

by | Jul 7, 2020 | Hints and Tips

Outsourcing is the function of buying in outside expertise for a specific task or project that you don’t have the want, time or skillset in-house to do. There can be many benefits of outsourcing in business, here are a few of them: Efficiency improvementAccess to high...
The Business Owner’s Mindset

The Business Owner’s Mindset

by | Jul 7, 2020 | Hints and Tips

Now, I am by no means a psychologist.  I do, however, find the subject fascinating.  So, when a contact mentioned that their business tended to come from people either interested in sports or who were sports people, this made me think… Why was that?  There must be a...
Cost Benefit Analysis & Decision Making

Cost Benefit Analysis & Decision Making

by | Jul 7, 2020 | Hints and Tips

This is an important topic the more your business grows.  You will have decisions to make, and you may not always be sure if it’s the right decision or not.  This article will talk about how you can help yourself reach the answer. Cost benefit analysis and...