businesstips | HM Accounting

Not Knowing Your Numbers Could Be Costing You

Jun 7
1 min

Not Knowing Your Numbers Could Be Costing You

As an accountant, I see a lot of business owners trying to grow their businesses without knowing their numbers. It’s just not going to...

0 views0 comments

Humairaa Moola

Jan 11
1 min

Bookkeeping Tips

3 Tips to help you manage your Bookkeeping 1 – Be Consistent Two of the fastest ways to muddy a financial report is (1) duplicate expense...

1 view0 comments

What is a Profit and Loss Statement and why do I need it?

Humairaa Moola

Nov 30, 2022
1 min

What is a Profit and Loss Statement and why do I need it?

A profit & loss statement (P&L aka income statement) is a financial report that shows your total income, total expenses and net income...

2 views0 comments

Humairaa Moola

Nov 16, 2022
1 min

Paying yourself as a Business owner

The difference between a hobby and a business... a hobby will cost you money and a business will pay you 💸 Wondering how to pay yourself...

1 view0 comments

Doing your own bookkeeping? Here's what you need to know

Humairaa Moola

Oct 19, 2022
1 min

Doing your own bookkeeping? Here's what you need to know

Trying to DIY your bookkeeping? You NEED these four things 👇🏻 ✓ A separate bank account... running expenses through your personal...

0 views0 comments

Humairaa Moola

Oct 5, 2022
5 min

Working from Home - The pros and cons.

I've worked from home since covid - 2020 - and I love it! But for many it can present many challenges: Being in the same place 24-7 The...

0 views0 comments

Humairaa Moola

Sep 21, 2022
2 min

The Power of saying "No".

Why is it that saying no is so hard to do? How often in business do we find ourselves doing something that we really didn’t want to, but...

0 views0 comments

Humairaa Moola

Jul 20, 2022
1 min

Basic VAT Do's and Don'ts

Here is a list of basic rules once you become a VAT vendor: · Find out which VAT cycle applies to your business and submit your VAT...

3 views0 comments

Approaches to Business Budgeting that align with your goals

Humairaa Moola

May 18, 2022
2 min

Approaches to Business Budgeting that align with your goals

For businesses, particularly small businesses, preparation, and budgeting go hand-in-hand. Whether you’re running your first marathon,...

0 views0 comments

Pricing Correctly: A path to running a profitable business in 2022

Humairaa Moola

Apr 6, 2022
4 min

Pricing Correctly: A path to running a profitable business in 2022

We have seen considerable changes in customer behaviour as challenges such as the pandemic, the unrest in July, and rolling blackouts...

1 view0 comments

Salary VS Drawings: How to pay yourself as a business owner

Humairaa Moola

Mar 30, 2022
3 min

Salary VS Drawings: How to pay yourself as a business owner

Making money was probably at the top of your goal list when you decided to start your business. However, most business owners struggle...

0 views0 comments

Humairaa Moola

Mar 16, 2022
2 min

How Much Should You Pay Yourself?

As a business owner, you don’t want to take too much and drain your business. However, you also don’t want to take less than what you...

0 views0 comments

How to keep track of small business financial transactions

Humairaa Moola

Mar 2, 2022
4 min

How to keep track of small business financial transactions

As a small business owner, it’s easy to become overwhelmed by the sheer volume of financial data you must track and store. Every...

1 view0 comments

How to Prepare Your Business for a Successful 2022

Humairaa Moola

Feb 16, 2022
5 min

How to Prepare Your Business for a Successful 2022

Your business has survived yet another year of pandemic uncertainty, changes, and curveballs. Do you know how you did it or did you ‘wing...

0 views0 comments

Tax Deadlines - dates every Business Owner must know

Humairaa Moola

Feb 2, 2022
2 min

Tax Deadlines - dates every Business Owner must know

Many small business owners have their hands full with tax paperwork. If you’re one of them, the admin probably ranks low on the list of...

1 view0 comments

Humairaa Moola

Jan 19, 2022
8 min

How to write a Business Plan

A wealth of data now exists on the difference a written business plan makes, especially for small or growing companies. In this post,...

1 view0 comments

Humairaa Moola

Jan 12, 2022
3 min

Your Business Plan: Tips to Stand out!

Investors have little patience for badly written documents. You want your business plan to be as attractive and readable as possible....

1 view0 comments

Humairaa Moola

Nov 15, 2021
1 min

Stocktakes: Why You should do them.

For any product-based business knowing what stock they do (or don't) have is crucial to being able to complete your customer orders and...

2 views0 comments

4 Ways to get your Business up and Running when you low on cash

Humairaa Moola

Aug 16, 2021
3 min

4 Ways to get your Business up and Running when you low on cash

Financial success is the main reason people start businesses. But when starting out, aspiring entrepreneurs like yourself can be short on...

2 views0 comments

6 innovative strategies for business growth

Humairaa Moola

Jul 19, 2021
4 min

6 innovative strategies for business growth

Congratulations – you have took the leap and started your own business. After the challenges of the initial start-up phase, you are...

3 views0 comments