The pros and cons of helping your child buy a house

The pros and cons of helping your child buy a house

SOS Bookkeeping understand that finding the deposit for your first house can be a struggle, and many millennials and Gen Z zoomers are turning to ‘The Bank of Mum and Dad’ (BOMAD) as their funding route of choice. SOS Bookkeeping will discuss the best ways to help if...
Does your business have a CSR strategy?

Does your business have a CSR strategy?

SOS Bookkeeping understand that having a ‘corporate social responsibility (CSR)’ strategy was something that used to be the sole preserve of giant corporations. But with the social and environmental impacts of business evermore transparent SOS Bookkeeping...
Business tips: Getting in control of your spending

Business tips: Getting in control of your spending

SOS Bookkeeping knows that keeping the business in a positive cashflow position is vital. But you can only do this if your cash inflows (sales revenues and other income) outweigh your cash outflows (overheads, supplier costs and other liabilities like tax costs or...
Is your cost of sales affecting your gross profit?

Is your cost of sales affecting your gross profit?

Do you know how much it costs you to produce each product or service in your range? SOS Bookkeeping know that the better you can understand this cost of sales – or cost of goods sold (COGS) – the more ability you have to control your company’s profitability. SOS...
5 ways to improve your cashflow

5 ways to improve your cashflow

SOS Bookkeeping know that cash is the lifeblood of any business – once the cash dries up, problems quickly begin to multiply. SOS Bookkeeping understand that if you can keep the cash running freely you can continue to grow your business. Here are five tips for...