Posts tagged creative agency
What is a cashflow forecast and why do I need one?

Are you doing work that you are simply not getting paid for? Work that continually gets added to by your customers that you do and don’t invoice? Or when you do invoice them you struggle to get paid? The customer either objects and thinks it should be done for free or that you staff don’t realise it is work that you need to charge more for?

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Are you getting paid for all the work that you do?

Are you doing work that you are simply not getting paid for? Work that continually gets added to by your customers that you do and don’t invoice? Or when you do invoice them you struggle to get paid? The customer either objects and thinks it should be done for free or that you staff don’t realise it is work that you need to charge more for?

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I don’t understand my finances!

All business owners have the same issue, there are not enough hours in the day. There is not enough time to produce amazing creative work for your customers and to spend time growing your business. You don't have enough time to do both tasks at the same time. You need to choose between helping your clients or growing your business.

Almost always the source of these frustrations are financial. You don't know where your money is or how to understand it!

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Off payroll working and IR35 does it affect me?

The IR35 or Off-payroll working rules are what HM Revenue uses to describe when an individual provides their services to another business through their own personal service company.

This employment chain can be quite simple in that it just involves the individual's personal service company and the end client, or it can be complex with a number of third parties involved. However long this chain is HMRC will look to see the end client that the individual is working for in this chain and a decision will be made if it is inside or outside IR35.

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