Welcome to our February 2024 newsletter

It's been another busy month for the Ellis & Co team! In this month's edition, we look at what makes the ideal bookkeeper, provide tips for the hospitality sector and start-ups, discuss tax for your garden office and our best practice guidance on finding funding for SMEs.

Plus, head to our website for?our bookkeeping and tax tips of the month!

Choosing the ideal bookkeeper

Finding the right bookkeeper for your business can enable you to keep on top of your day-to-day bookkeeping responsibilities, as well as ensure your records are kept fully compliant with statutory regulations. The right firm can also create time and space for business owners to concentrate on growth or development or improve work-life balance.

So how do you go about choosing the ideal bookkeeper for you and your business? In this article, we share everything you should look for before making your decision!

Accountancy tips for the hospitality sector

The hospitality industry has been through some turbulent times in recent years. Not to mention?hospitality businesses have faced new challenges such as rising energy prices and higher food costs, as well as their customers having less disposable income due to the rising cost of living.

So, what can be done? Here is some advice on putting your business in a strong and healthy financial position in 2024.

10 top tips for start-up businesses

Establishing your own business can be a nerve-wracking yet highly rewarding step in your career. But how do you give it the best possible chance to thrive?

We sat down with the experts here at Ellis & Co to identify their top 10 tips for start-up success in 2024. Check them out here!

The tax treatment of building a garden home office

Hybrid working is now a norm to most people, but our team are still being regularly asked if it's possible for a client’s limited company to pay for a garden office.

This is a surprisingly complex area with hidden tax consequences! Our recent blog explains more.

Finding funding for SME start-ups

Whether you’re a start-up seeking working capital, or you're looking to grow your small business, having an initial injection of funds will enable you to turn your ideas into reality!

However, for many entrepreneurs, small business loans are increasingly hard to come by and, are often rejected outright. So, what can new SMEs do? This guide from ‘Small Business’ explains more.

Whether you are looking for tax and bookkeeping advice, financial management or business consultancy, our team have the expertise to support you and your business. Speak to us on 01244 343504 or email [email protected].