Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set-up a dedicated space to perform their job duties. To reduce the tax burden, the costs for working from home can be tax-deducted. However, certain conditions need...
When planning the finer details of your online shop, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store....
Have you heard of SMART goals, but you’ve never used an organised and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all...
Neuro-linguistic programming, NLP for short, is a collection of tools and models designed to facilitate and strengthen communication in various areas of life and work. The goal is to better understand oneself and others, and to make positive changes. We will tell you exactly what...
The profit and loss account (P&L) is also called an income statement. All general ledger accounts are summed up with expenses subtracted from the income to leave a profit or loss amount for the period, which is usually one financial year. Daily operating expenses are summarised...
It’s easy to become self-employed in the UK. All you need to get started is a business idea and a bit of courage. The one-person business does require registration with the HMRC and there are a few other requirements you will need to fulfil. It’s important to understand the risks...
Double-entry accounting or double-entry bookkeeping is an essential part of the accounting system. Lots of entrepreneurs have a hard time with bookkeeping, when in fact it should be a boon and provide a detailed overview of your finances. Double-entry accounting isn’t an...
A financial analysis model is a tool to learn more about the current economic situation of the company and the development of the last months. But if you don’t want to leave the preparation of the report to an external party, you will be faced with the task of setting up your own, probably via Excel. Our financial analysis template has already got the most important elements integrated – and can...
When it comes to the annoying subject of inventory, any help is welcome. Having an inventory template as a practical download can make your work easier because a clear inventory list is one of the key elements of a successful inventory. Read on to find out what must be included in this list and how you can easily customise our inventory template using Excel.
The option to work from home continues to gain in importance as part of a modern workforce. To ensure that you can work efficiently and securely from home, certain precautions should be considered. Generally, employees are free to design their home office spaces as they wish. However, there are times when the employer has a legal responsibility to ensure safe home working. Find out what your...
Working from home is now possible across ever more industries. But how are you actually insured as an employee when working from your home office? Find out what you should know about liability insurance for your home office, when it pays to have insurance, and how you should behave in case of an accident in your home office.
Digitalisation, telecommuting, information society – buzzwords, that stand for a new way to work. As a result of associated developments, some traditional workplaces are losing their significance: work can be done from anywhere with an internet connection. Setting up an office at home is therefore an alternative that is becoming interesting for more and more employees and employers.
Working in from home with your kids around can put even nerves of steel to the test. The double burden of work and keeping your little ones entertained in a confined space can push both parents and children to their limits. Our best tips and tricks can help you manage conflict and avoid a real-home crises before they happen.
A growing number of employees are able to work from their homes. Many employers are willing to facilitate flexible working for their employees and create the conditions for a better work-life balance. But do employees have a right to work from home, and are there any laws governing work from home?
Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set-up a dedicated space to perform their job duties. To reduce the tax burden, the costs for working from home can be tax-deducted. However, certain conditions need to be met for you to qualify and only some expenses can be claimed.
When planning the finer details of your online shop, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store. But what expenses do you need to be aware of when setting up your web store?
How profitable is your investment? Net present value provides you with an answer to this question. You calculate it within the framework of a dynamic investment calculation method by discounting the surplus that is generated by the investment. We’ll explain how this actually works with the help of a step-by-step practical example.
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