bookkeeping tips for small businesses

New Year Stress Like Never Before

If you are a small business owner you are no doubt feeling like your head is spinning after the events of the last year, and now they are facing faster spins with changes from Brexit. Surely there are bookkeeping tips for small businesses which will see you through 2021?

Like many business owners, you are no doubt in a large state of confusion over what to do, how this past year has affected what you do and what the still unclear uncertainties of Brexit hold for your business.

This is the time when you need as much help from professionals in the know, such as bookkeeping services, to help you navigate these troublesome UK waters.

Plenty of Distractions Ahead

If you are a business owner who does their own accounts, payroll and bookkeeping then you certainly have a lot on your plate already before you even get to tend to the needs of your business, but what lies ahead and what could potentially be around the corner is going to severely challenge your time, patience and passion for your business.

Brexit has just come into effect and how it plays out will definitely pose challenges unforeseen for your business, but with the current tier system affecting business and the treat of another national lockdown hanging in the air, business is going to be a really hard period to adjust to and pull through.

If another lockdown does occur, this means more furlough for your employees will roll around with it. This makes payroll and applications a chore on top of chores and plenty of restless nights with no clear end to it in sight.

End of Financial Year

Granted, the financial end of year is always the most challenging part of the year and the most common stressful period for small business owners.

You already see January as the month where levels of stress are high and you don’t want to be disturbed. Unfortunately this point in time you have these extra elements playing heavy on your mind. Plus, if you have to furlough your office and admin staff, they cannot do the work from home, so now that falls on you too.

Plenty of sleepless nights are bound to present itself.

Helpful Solutions

This is the point in time where utilizing professional services to help guide you through this uncertain period as well as take a load of the pressure jobs off of your hands is well warranted.

Hand your business books to a professional bookkeeper in Manchester to free up a huge amount of time with your business finances, and get bookkeeping tips for small businesses which really work.

These services can also handle outsourced payroll for your employees among other areas. By handing these areas to certified professionals you not only find the breathing room but also have the updated information on what your business requires to navigate through the stormy waters your business is sailing through Brexit and the coronavirus pandemic.

Don't just take our word for it...

Robert Flinn, Director, The Drawing Room

“Pebbles have provided professional and personal approach to all our accounts needs from processing invoices to management accounts. Based in-house they have become a valuable asset to the business and have given us a more strategic and analytical approach to our finances.”

 

Sam Phillips, Sam Phillips Builders

“Sean and the team at Pebbles provide bookkeeping services and do everything from processing invoices to payroll and then final accounts to trial balance.  They have put processes and systems in place that have helped the company track our projects and see if they are profitable and to help us generate better profitability and cash flow.  I highly recommend Pebbles Bookkeeping and often pass their details onto my contacts.”

James Balderstone, Lucid Networks

Pebbles Bookkeeping took over our bookkeeping when a full-time member of staff left the business.  Our accounts are relatively complex for a business our size because of the number of different suppliers and products we deal with, but Pebbles were able to get quickly up to speed.  We have significantly reduced our costs spent on bookkeeping activity as a result. They have also helped us move to a new accounting system (Xero), which we are already seeing the benefit of, and we’re looking forward to working with Pebbles in the future to automate more of our back-office processes.

Steve Price, BWP Inspire

“We have now been working alongside you with various clients. In some cases, we have introduced you to our clients and in other cases you have worked as part of our team. Every time we have brought you in you have done a great job. We now see you as an extended part of our team. You have proved to be professional, flexible and above all competent in getting the work done. We would not have any hesitation in recommending you again, and we look forward to working with you more in the future.”

Nick Aldrich, Only The Brave

Only The Brave have used Pebbles Bookkeeping for a few years now and we treat them instinctively like an integral department of our business.

I have worked with Sean for over two decades in my previous businesses and when Sean and Diane went on their own it was a no brainer to get them involved with our day to day accounting.

Pebbles manage our bookkeeping, expenses, credit control and PAYE and have a keen eye for detail and help us spot important financial matters before they become issues.

Their integrity and honesty are unquestionable and as a result, Pebbles are an asset to our business and will continue to work with us for many years to come.