Category: Small Business
The team at Pandle, understandably, advocate cloud accounting for any small business and with good reason. Every business is doing itself a huge favour if they use cloud accounting tools. However, some businesses stand to benefit more than others depending on their nature. One area that this applies to is trades.
It might not be apparent at first glance, but different types of start-ups and SMEs have different intensities when it comes to keeping records. Everyone must keep records – indeed HMRC will fine you up to £3000 if you don’t, but for some businesses and types of work it’s easier than others.