Optima News

Getting your bookkeeping ready for a digital future

Optima

Mar 27, 20232 min read

Getting your bookkeeping ready for a digital future

Keeping up-to-date records of your business transactions isn't the most glamorous part of being an entrepreneur, that’s for sure. But, in...

Optima

Mar 20, 20232 min read

Your Q2 2023 deadlines for the diary

As ever, we want to keep you on the ball with the latest dates and deadlines for your business diary. Get your online calendar fired up...

Spring Budget 2023 – the key points for business owners

Optima

Mar 17, 20234 min read

Spring Budget 2023 – the key points for business owners

The Chancellor, Jeremy Hunt, delivered his first Spring Budget on 15 March 2023. Unlike the disastrous September 2022 ‘mini budget’, this...

Which is more important? Cashflow or profit?

Optima

Mar 16, 20232 min read

Which is more important? Cashflow or profit?

Cashflow and profit are two of the most important financial metrics for any business. But while they’re both related to the financial...

Optima

Mar 16, 20232 min read

Stressing about your work/life balance?

Trying to get perfect the work/life balance can be a cause of stress in itself. If you are feeling the strain of building your business...

Is your 2023 planning leading you down the right path?

Optima

Mar 15, 20233 min read

Is your 2023 planning leading you down the right path?

As a business owner, CEO or managing director, it’s important to look forwards. Your job is to guide the course of the company and to...

7 ways to get more from your personal finances

Optima

Mar 13, 20234 min read

7 ways to get more from your personal finances

There’s plenty of advice available to help you manage your business finances. But what about the tips and hacks you need to get fully in...

Optima

Mar 10, 20232 min read

6 strategies to clear surplus stock

Excess stock is predicted to be one of the big challenges of 2023 for retailers around the world. It’s been a stock rollercoaster for the...

How to get the best from AI content writing tools like Chat GPT

Optima

Mar 9, 20233 min read

How to get the best from AI content writing tools like Chat GPT

The chances are that you've heard ChatGPT being mentioned heavily in your social feeds and in business articles in recent months. But...

Business costs and the increase to the minimum wage

Optima

Mar 8, 20232 min read

Business costs and the increase to the minimum wage

Rising business costs are still a worry in 2023. Supply chain costs are high, energy prices are still expensive and labour costs are on...

Using your network to create business development opportunities

Optima

Mar 2, 20232 min read

Using your network to create business development opportunities

People buy from people. It’s an obvious observation beloved of salespeople, but it’s also why networking is such a powerful tool for...

Managing your marketing budget to improve your ROI

Optima

Feb 24, 20233 min read

Managing your marketing budget to improve your ROI

Having a well-planned marketing budget can help you allocate resources to the right digital marketing channels and maximise the...

What is Principal Private Residence Relief?

Optima

Feb 23, 20233 min read

What is Principal Private Residence Relief?

Paying capital gains tax (CGT) on the sale of a property asset can be a necessary but expensive liability. The good news is that...

Optima

Feb 22, 20233 min read

Simple ways to plug the talent gap

There's no escaping the fact that many industries are facing a talent gap. 3 in 4 employers are reporting difficulty finding the talent...

New UK corporation tax rates from April 2023

Optima

Feb 20, 20232 min read

New UK corporation tax rates from April 2023

Did you know that the UK corporation tax rates are changed from April 2023? From 1 April 2023, the rate of corporation tax changes from...

Could outsourcing help you grow your business?

Optima

Feb 17, 20232 min read

Could outsourcing help you grow your business?

When you run a small business, the amount of work can ebb and flow. Unexpectedly busy periods can create too much work and stress for a...

Getting your personal tax in order before the year-end

Optima

Feb 16, 20233 min read

Getting your personal tax in order before the year-end

As the tax year draws to a close, it’s important to think about your own personal tax situation and to make sure you’re maximising any...

Company year-end preparations: time to get ready

Optima

Feb 15, 20234 min read

Company year-end preparations: time to get ready

As your company year-end date gets closer, there are a number of administrative and financial tasks to start planning for – so it’s a...

Budgets are boring – 5 ways to spend less without budgeting

Optima

Feb 13, 20232 min read

Budgets are boring – 5 ways to spend less without budgeting

If you hate budgets and budgeting, how can you easily cut your spending? Here are five ways to save without tracking every transaction:...

Keeping your cashflow strong in tough times

Optima

Feb 9, 20232 min read

Keeping your cashflow strong in tough times

Small businesses are particularly vulnerable in tough economic times. When sales are slow, there are still overheads and salaries that...