Author name: emmasolace

What can my cash flow tell me about the overall health of my business?

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

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Do I need a bookkeeper if AI can do my bookkeeping?

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)

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5 ways bookkeeping can help your small business grow

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

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