Author name: emmasolace

When you think about planning a holiday, you probably picture setting a budget, researching destinations, and making sure every detail is covered to ensure a smooth trip. The same principles apply to budgeting for your business. However, just as you might hire a travel agent to take care of the intricate details of your trip, […]

As June rolls around, the anticipation of summer brings excitement for us at Solace but we also sense the touch of anxiety that business owners are feeling. Balancing the demands of your business with the desire to enjoy the sunshine can be challenging, and it makes sense. You have a lot going on. We’re here

If there’s one figure you know in your business, I expect it’s your bank balance. And it’s a pretty important one. But alone it doesn’t really give you any information about what’s happening in your business. At Solace we regularly speak to our clients about their cash flow forecast because it’s such a crucial part

In an era where software companies are aggressively marketing their AI-driven bookkeeping solutions as the end-all for small business financial management, there’s an important question to answer: Will anyone need a bookkeeper in the future? It’s not a simple question to answer. It’s true that AI has revolutionised bookkeeping (for those who have adopted it)

At Solace, we love entrepreneurs. We love to be entrepreneurial ourselves. And we know that as you do this, you are fueled by your passion for what you do and your plans for what your business could become. But the complexities lie heavily because financial management can be a hurdle – particularly when you don’t

Introduction Bookkeeping: you might think of it as just another expense, or at best, a way to keep track of where your money’s going. But what if we told you that good bookkeeping isn’t just about spending money wisely, but actually making more of it? Intrigued? Stick with us, and we’ll show you how keeping

Introduction Running a small business can be tough – there are many challenges that small business owners face daily. However, maintaining accurate and consistent financial records doesn’t need to be one of them – and it’s a great way to help your business grow. Bookkeeping is the area of accounting that deals with recording financial

Introduction As we approach the end of another incredible year, it’s time to reflect, celebrate achievements, and set our plans for the future. At Solace, we’re proud to work with you. Whether you’re a creative entrepreneur, a passionate freelancer or a proud business owner who feels that maybe 2023 could have been better, an end-of-year