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When is the right time to set up a formal finance function in your burgeoning startup?

by: Startacus Admin ~ 6th September 2020
Establishing a formal finance function for your startup? Carlo Gualandri, Founder and CEO, Soldo outlines when and where to start... Most startup business owners set out with either themselves or a trusted employee in charge of finances, often as a way to keep complete control. But as the business starts growing, taking on more clients and personnel, it soon becomes impractical, prompting th...
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What Is the Difference Between a Broker and a Lender?

by: Startacus Admin ~ 1st September 2020
If you are looking to borrow money, a quick online search may have brought up several different options that include both loan brokers and direct lenders. But what is the difference between the two, and is one better than the other? Brokers do not lend you the money themselves, but rather work with a panel of trusted lenders that they can suggest to you as potential lender candidates to apply to, ...
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How Savvy Small Businesses Can Make The Most Of Their Budgets

by: Startacus Admin ~ 22nd August 2020
After months of speculation, the UK Government has announced that the country’s economy is in recession for the first time in over a decade. For many businesses, this isn’t news, as the Coronavirus pandemic has been causing financial hardships since the beginning of the year. However, the official announcement means that many small business leaders will now be reviewing their budgets ...
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Hammock - the FinTech startup that's made by landlords for landlords

by: Startacus Admin ~ 19th August 2020
Finances for landlords made easy thanks to FinTech startup Hammock... For landlords with multiple properties, it can be a hassle to keep track of your properties, keeping an eye on who has and has not paid their rent, and getting an overview of what properties are making a profit. Obviously, the more properties the landlord has, the more difficult and more of a hassle it becomes to maintain ...
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Startup of the Week - Pocket PA

by: Startacus Admin ~ 12th August 2020
The app that's helping microbusiness owners manage "the business stuff" all in one place - from bookings and appointments through to invoicing and expenses...Running your own business might be a dream for many people, however there are some aspects of it which can be anything but. Whilst your days may be spent doing work that you really have a passion for, it can be easy to neglect the tedious stu...
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Building a financial plan around preparing for the new normal

by: Startacus Admin ~ 6th August 2020
Donna Torres, director of small business at Xero UK shares some handy tips for preparing for the new normal and building a financial plan around it... There is some light at the end of the tunnel for small businesses. As the lockdown continues to ease many retailers and hospitality businesses are now opening up again, or preparing to return soon.    Preparing for what’s arou...
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Pensions made easy thanks to Pension The Pennies

by: Startacus Admin ~ 2nd August 2020
Saving for a pension hopefully just became a whole lot easier! Pension The Pennies is a Welsh startup that's on a mission to help eliminate the barrier to entry for private pensions Many of us have some degree of concern about our pension - will the retirement age be changed yet again, will the amount be changed, what cuts will affect it, will it be enough to actually live on? Of course, for...
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Factors to consider when choosing your accountant

by: Startacus Admin ~ 27th July 2020
Investing in the services of an accountant can yield considerable benefits, particularly for those who aren’t conversant in monetary matters. But not all accountants are created equal. Before making a hiring decision, you’ll want to devote some effort to determining which is best for you. Let's run through some of the criteria by which you might judge a potential appointment. How much...
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5 Smart Pension Hacks for Business Owners

by: Startacus Admin ~ 16th July 2020
Many people dream of having their own business one day. The opportunity to work on your own hours and decide working processes is far too attractive to ignore. And now that the digital space is revolutionizing the way business works, being self-employed has become a lot more exciting. Theses and other factors are the reason why entrepreneurs are rising from every corner of the world, including th...
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7 Questions You Should Ask When Hiring an Accounting Firm for Your Small Startup

by: Startacus Admin ~ 7th July 2020
Tips and advice on hiring an accountant for your startup Hiring an accounting firm is one of the most important decisions you can make when starting a business. A good accountant will be able to show you how and where you’re spending your money, introduce you to government schemes you might be eligible for, and keep you in the loop if they see any irregularities. An accountant will also pla...
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