Making Tax Digital: What You Need To Know

Gone are the days of keeping track of your incomings and outgoings by paper, and storing six years worth of receipts in a shoebox to hand to your accountant.
If you hadn’t guessed by now, there is nothing we love more than apps and software that streamlines our processes, and makes the day to day life of accountancy that ~ little ~ bit easier!

In the new world of cloud accountancy, challenger banks and revolutionary apps, the accountancy world has gone digital, and with this comes the introduction of Making Tax Digital.

You may have heard of the Government’s new legislation, Making Tax Digital, but you may not know what this means for your business.

That’s why we’re here with our guide to Making Tax Digital for VAT; a 101 if you will.

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Why Your Wellness Is Important To Be Successful

Creating a work and lifestyle blend that you love is rightly at the heart of Cone and everything we do.

We thrive by being innovative entrepreneurs and remote workers, who spend each day doing what we love while living a lifestyle we love!

For too long, doing well has been prioritised over being well. In a world of being ‘busy’ all. of. the. time. to be successful, we’ve lost sight of our wellness too many times.

Wellness is something we regularly discuss and work on as a team, and we want to share this with you!

From developing mantras to live by, to changing your food habits, and implementing positive habits like journaling and practising yoga each day, there are so many different ways you can support your wellness for success.

“For too long, doing well has been prioritised over being well. In a world of being ‘busy’ to be successful, we’ve lost sight of our wellness too many times.”

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The Step That Will Enhance Your Productivity

Do you review your week?

And if so, to what extent?

I will be honest with you, I never used to, but I found that days and weeks would fly by and I would be living my life with little intention.

I mean, of course, I had goals, but I wasn’t checking in on them to see how they were impacting my life regularly, if at all.

I think a weekly review is also great for my mental health; it allows me to debrief, to disconnect to reconnect and to download all that is on my mind.

Another great benefit of doing a weekly review is that you get to have a fresh start every single Monday.

So in this post, I wanted to share with you some ideas of what to include in your weekly review.

Of course, not all of them will work for you, but use this as a pick and mix and take what you need right now.

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How To Grow Your Business Quickly

Now, what we are going to talk about today is not new. In fact, it is going back to basics. But the thing is, with an abundance of resources and ‘new’ things to do, sometimes we forget the ‘basics’.

So I wanted to delve into an idea that I came across online recently, it was actually from a video that you can access here.

Now although the percentages used in this video are outdated, the concept remains.

In short, the main message is: to grow quickly, you must focus on existing clients and new products.  But, I am going to dive into it more a little now.

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How To Use KPIs For Business Growth

You probably know by now that we are not your typical accountants.

We wanted to step away from the ‘stereotypical’ accountancy firm, and one of the ways we’ve set ourselves apart is by truly believing in our clients, genuinely wanting them to grow and flourish.

So we became experts in business growth.

Experts in expanding your business into new locations, knowing when is the best time to hire, and placing a focus on setting and achieving your goals. You know how we speak at length about goals.

When it comes down to it, much of business growth is driven by setting and achieving goals, and one of the ways we do this is by using KPIs.

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How To Stay On Track With Your Workload

There is an abundance of time management tips on the internet, even from us alone.

However, as much as we love time management tips and hacks, sometimes you just need some habits to keep you in check.

Some habits that as long as you are executing and implementing consistently, you have no other option than to stay on track and be productive.

So in this post, we are going to share six concepts to introduce into your business life to stay on track.

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How To Reuse Your Marketing Material

You put a lot of effort into creating marketing resources, or you pay someone to put a lot of effort into creating marketing resources.

So, either way, that is a lot of time and/or money going into marketing resources.

Now I 100% believe spending time and/or money that goes into your marketing is key, however, how much, or to what percentage of those resources do you use to its full potential?

I would go as far as saying that it is fundamental to growth.

I would also say that it is your duty to ensure you are adding as much value as you can to your customers and prospects.

This is the 90:10 rule, 90% showing up and 10% selling.

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How To Know When To Hire

We have talked about creating a community within a company and we have talked about 'Why The Employee Package Is More Important Than Ever'.

We have even talked about some of our favourite ways to hire.

But there is the question of should you or should you not hire?

In this post we are going to explore some things you should think about before you hire; whether that is your first hire or simply a new addition to the team, each new hire is equally important.

First up, let’s go to the root of it: why do you want to hire a new person?

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How to Create a Culture Within Your Company

Once upon a time when Ben, our CEO started Cone he had a vision.

A vision that one day he would create something that would have a collective of team members that created a lifestyle, a community, something with purpose.

A tribe.

A group of people, all working towards the common goal,  I know that is such a cliché thing to say, but it’s true.

Of course, the day came when the first hires were required, and we were faced with the question of whether to get an office or not?

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How To Take A Positive Mindset on Technology

Ah technology, it’s such an odd one, isn’t it?

A beautiful modern version of a double-edged sword: it enhances our lives, but can also hinder it.

It wasn’t too long ago when I took an impromptu break from social media.

I just needed to, you know?

It was all sparked from the knowledge of how much time I had spent on my screen that week (thanks Apple screen time).

It became apparent that I was WAY too connected to my phone, and something needed to change.

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Why The 'Employee' Package is More Important Than Ever

The employee package is what a new staff member gets for their service to a company. This is often mistaken for solely monetary, but this could not be further from the truth.

Of course, cold hard cash is what pays the bills and will always be a factor, but, especially the new wave of hires, want more. People want more from their role, to feel fulfilled, to create a lifestyle, to be part of something.

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What Does A Beautiful Sales Process Look Like?

I really don’t get it. I have not come across the stereotypical sales process in a while.

You know the kind, the 'icky', in-genuine approach.

But recently I have been subjected to a whole load of insincere, read-off-a-sheet type selling.
I have had brash emails.

Odd calls.

My position in the business questioned.

Look I get it, I know that everyone has sales quotas and targets and it is a fundamental part of a successful business, but I instantly clam up when people go into hardcore selling mode.

I believe in beautiful business. The idea that the service or product is designed to HELP the end user, aka the client or customer. Not just to match a sales target.

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A How To: The Differences Between Sole Trader, Limited and Partnerships

Whether you’re setting up a side-hustle or a full-time business, one of the first things you will need to decide on is which type of business you’re forming.

There are many different forms of businesses that you could set up, but the three types we see most commonly are Sole Trader, Limited Companies and Partnerships.

Certain factors will help make the decision about which type of business you should form, including what the nature of your business is, where you work, whether there will be one or more directors, and whether you plan on hiring people to help you in the future.

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How To Progress With A Purposeful To Do List (Pt 2)

So following on from part one, in this post we look at some more actionable steps to get you started and take action when it comes to pursuing your purpose.

It can be hard to build momentum but start with one of these tips and see where it takes you. Kicking off with identifying your high-value activities.

Work out your high-value activities.

I am sure you have heard something along the lines of 80% of your results are created by 20% of what you do.

This tip is not new information, but it is worth including within this post. Work out your high-value activities, define the quantity and frequency you need to do them and make them your non- negotiables — the things you MUST get done.

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How To Progress With A Purposeful To Do List (Pt 1)

I am guessing that if you have found yourself reading this post right now, there is a good chance you are struggling with getting things done.

Or at least you feel like you could do with some improvement on the matter.

Firstly, well done you for taking action.

Secondly, you have come to the right place. Within this blog post, we are going to share tips and tricks on how to get out of your own way and get things done.

So let’s jump into point number one. I must say, once I understood this point, I not only learnt a lot about myself but was able to structure my day in a way I felt relaxed, at ease and productive.

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How To Get The Most Out Of Reading

We adore books. They allow you to learn, grow, relax, disconnect, reconnect and generally develop as a person.

They take you on a journey, and they are the ‘best bits’ of a person’s mind, they allow you to connect to mentors you may otherwise have never been able to connect with. It really does fascinate me how they are beautiful masterpieces and insights into other people's minds.

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4 Ways To Get Motivated When You Are In A Rut

We’ve all been there.

The day to day of your life has been slowly ticking by. You have a lack of motivation, a lack of joy and a lack of inspiration.

The next thing you know, you’re stuck in a rut and unable to motivate yourself to get out of it.

Today, we’re sharing our 4 top ways to get motivated when you’re stuck in a rut.

Ready? Starting with…

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How To Prevent Overwhelm Within Your Business

I know, in business, sometimes it can feel pretty hectic. Sometimes we can  ‘feel behind’ or ‘not on top’ of it all.

Because creating a life- business blend can be pretty intense.

There is a lot to think about.

But do not worry. By the end of this post, we aim for you to…

  • Be a little clearer on what it is that you want.

  • Know to get there, or at least the next step in the right direction.

And this process can be applied to all areas of your life.

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