Blog

31 July 2019

What is a limited company and how do I set one up?

If you want to set up a business but don’t know whether a limited company is right for you, here’s a quick guide to help you get started.What is a limited company?A limited company is a profitable business. It is registered at Companies House. It is… Read more

29 July 2019

What does liquidity mean for your small business?

Liquidity is a common term used when discussing how healthy your business finances are. But what is liquidity, why is it so important for your business, and how will your cash flow affect it?What does liquidity mean?Liquidity means how much you… Read more

26 July 2019

What is a Flat Rate VAT Return?

When you submit your VAT Return, there are different methods you can use. The Flat Rate VAT Return is a popular method with small businesses, but what is the Flat Rate Scheme and why could it be a good option for your business?What is the Flat Rate… Read more

25 July 2019

How to write a business plan

So you want to write a business plan, but where do you begin? From what to research to what your plan should include, we’ll take you through it all step by step.Start with researchBefore you start writing your plan it’s really important to research… Read more

17 July 2019

How to get started with bookkeeping

Bookkeeping with Bokio is really simple. Just snap a picture of your receipt, upload it and Bokio will help you record your transaction in the right account and read the numbers in your receipt automatically. Even better, you won't have to worry… Read more

12 July 2019

What can you claim as expenses when you're self employed?

When you’re self employed, you can claim expenses on your Self Assessment Tax Return. Claiming expenses is helpful as you can reduce the amount of income you pay tax on to HMRC by deducting your expenses from your income. But which expenses can you… Read more

11 July 2019

What is cash flow and why is it important?

You’ve probably heard the term ‘cash flow’ mentioned when it comes to managing your finances, but what does it mean, and why is it so important for your small business?What is cash flow?Cash flow is the money moving in and out of a business. Cash… Read more

5 July 2019

6 ways to build your small business success

When you start building your small business, there are some important things to consider to help you grow to success. From branding your business to taking care of your finances, here are some top tips to get started.Brand your businessBranding your… Read more

28 June 2019

8 important accounting tasks for your small business

When you’re a small business owner you have a lot to do, but it’s important not to let accounting tasks slip or go unfinished. Keeping your finances up to date will let you know how your business is doing and will let you plan for long term success.… Read more

26 June 2019

How to write and improve your small business budget

Budgeting is an important part of looking after the future financial health of your small business.Why is budgeting important?You should make a budget for your business to plan for the future. Your budget will help inform decisions such as:How much… Read more

18 June 2019

Custom colours are here! Personalise your invoice for free with Bokio

Good looking invoices just got better! Now you can personalise the colour and layout of your invoice with our new launch.Personalised invoices look even more professional, and with this update to Bokio you can now change the colour theme of your… Read more

13 June 2019

5 ways to ruin your business

Running your business is a challenge. There’s a lot to manage, and sometimes it’s easy to miss tasks. But, missing important things to do can later prove fatal to your business. Here are 5 simple things you should stop doing to keep your business… Read more

7 June 2019

What is a bank reconciliation? And how to do one

Bank reconciliations are recommended to make sure all your accounting is correct and that your records match your bank balance. But what is a bank reconciliation, and how do you do one? In this comprehensive guide, you’ll find everything you need to… Read more

3 June 2019

What are the benefits of online accounting software?

If you’re a small business or sole trader looking at how to do their accounting, choosing an online software is a great option. Intuitive online solutions have lots of benefits to save you time, get organised and understand your finances. Plus,… Read more