New GDPR Rules for UK Businesses - Cain & Beer

New GDPR Rules for UK Businesses

Data protection rules across the United Kingdom and Europe are set to change. If you run a small business and collect personal data from customers, then you need to know what’s happening. The new set of rules is called the General Data Protection Regulation (GDPR) and it comes into play on the 25th May, 2018. Described as, “the biggest…

Cash is King

Cash is King

When you start out in business one of the first things you should do is write out a ‘Credit Policy’ outlining your payment terms and the stages that you will use to make sure you have done everything to ensure you are paid to your terms. Inform your client when you want to be paid…

What Bookkeeping Records Should I Keep

What Bookkeeping Records Should I Keep?

It doesn’t matter what type of business you run you still need to keep accurate records and maintain a decent filing system. Your bookkeeping filing system doesn’t have to be complicated though you can keep things very simple and ideally colour coded like the example below: –   RED FOLDER(S) – Sales Invoices & Credit…