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Embrace Autumn: Setting Fresh Goals for Your Business Before Year-End

As the leaves begin to fall and the air turns crisp, autumn signals a natural shift in seasons. For many business owners, it’s a perfect time to pause and reassess goals before the year ends. With just a few months left, autumn offers a unique opportunity to reflect on your progress and make the necessary […]

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How Outsourcing, Automation, and Support can help you to overcome challenges in your business.

Running a business is no small feat. Business owners face numerous challenges daily, from managing finances to ensuring smooth operations, staying competitive, and planning for growth. We know, because we’re business owners too!  Here, we’ll explore some of these common challenges and discuss how outsourcing, automation, and getting the right support can help overcome them.

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Budgeting is Like Planning a Holiday: How a Bookkeeper Can Help You Achieve Both

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,

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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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