Blog

14 August 2019

How to set up as a sole trader

Becoming a sole trader is a great way to start running your own business, but there’s lots to think about before you make that commitment. From how to become your own boss to what you need to consider before you start, find out what you need to… Read more

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… 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

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 business Branding… Read more

28 June 2019

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 a business plan and small business budget

So you want to write a business plan and create a budget for your business, but where do you begin? From what to research, what your plan should include, and how to manage your finances, we’ll take you through it all step by step. Start with… 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

23 May 2019

How to organise your business finances with reporting

Having your business finances organised is important when keeping track of payments, making projections and managing your company. Separate your accounts Keeping your business and personal accounts separate will help you track your company expenses… Read more

16 May 2019

What does it mean? Accounting terms explained

What are debit and credit? What’s the difference between accounts payable and accounts receivable? When it comes to bookkeeping there’s lots of new terminology to learn, and as you get started you might have some questions. From assets to… Read more

14 May 2019

What is a chart of accounts and how does it work in accounting?

Why are there so many different bookkeeping accounts and what are they telling us? How do you keep track of all the different numbers? You can get your answers here. The chart of accounts is actually more structured than you might think! You can get… Read more

6 May 2019

Forget accounting with spreadsheets. Try Bokio!

Spreadsheets have become a common way of managing your finances for free. But is it the best way to be managing such important information? When you start your own business, keeping costs low is especially important. Sometimes hiring an accountant… Read more