Sole Trader, Partnership or Limited Company?

Sole Trader, Partnership or Limited Company?

Feb 27, 2018 | FAQ

So you’ve decided you want to be your own boss and work for yourself. Now what? Are you going to be a Sole Trader, Partnership or Limited Company? One of the first decisions to make is how you are going to trade. You can be a sole trader, form a partnership with...
What is a profit and loss account?

What is a profit and loss account?

Feb 18, 2018 | FAQ

Ok, your accountant has just sent you your profit and loss for the year, but what is a profit and loss account and what do the figures actually mean? Simply put, a profit and loss account statement details how much money your business has made or lost over a period of...