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Understanding when income from professional services is derived: a guide for professionals

In the world of professional services, understanding when income is recognised, or "derived," for ta

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Flying solo: starting out as a legal professional

Starting your own business as a lawyer or legal professional can feel like a leap into the unknown,

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Budgeting and cash flow forecasting: key to your business success

If enhancing your business strategies is on your list of New Year's resolutions, now is a good time

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Strategies for boosting your startup’s cash flow

 In the unpredictable world of startups, maintaining a cash surplus can be a lifesaver. It

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Setting your chargeout rate as a professional services provider

If you operate as a self-employed lawyer, IT specialist, architect, manage a firm or agency, or prov

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Rising interest rates: impact on small businesses and mitigating those effects

In the world of business, one constant factor you are likely to encounter is change, particularly in

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5 important financial ratios for your small business

As a small business owner, you’re likely already wearing many hats. But the hat of a financial ana

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Small business guide to depreciation

Depreciation is basically a reduction in the value of an asset over time. What this means for your b

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How to reduce your tax bill (the right way)

Taxes – there’s no avoiding them. But there are ways to reduce the amount you have to pay so tha

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