IAMONLINE.BIZ

Running a business is challenging to say the least. These challenges can often be overcome with some support and utilising the latest technology.

In this month's blog we explore how you can overcome the challenges you face in order to scale your business.

https://www.iamonline.biz/blog/how-outsourcing-automation-and-support-can-help-you-to-overcome-challenges-in-your-business

It’s been a busy and exciting month at iamonline.biz. Lots of VAT returns submitted and bookkeeping completed. We've also made time for personal celebrations as my son turned 5 and my daughter was a narrator in her school show. Here's to s August getting through August and surviving the school holidays 😂.

What has been your biggest achievement this month? What are you looking forward to in August? Comment below.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Budgeting is Like Planning a Holiday.

Think about the last time you planned a holiday. You probably didn’t just hop on a plane without a plan. You figured out where you wanted to go, how much you could spend, and what activities you wanted to enjoy. Budgeting for your business follows a similar process:

1. Set Your Destination
2. Determine Your Budget
3. Research and Plan
4. Track Your Spending
5. Adjust as Needed
6. Enjoy the Journey

Remember, a well-planned budget helps your business reach its goals, just like a well-planned holiday helps you make the most of your time off. Start budgeting today and set your business on a path to success!

Don't know how? Get in touch. Book a discovery call here: https://linktr.ee/iamonline.biz

IF YOU MISSED OUR BLOG AT THE BEGINNING OF THE MONTH, YOU CAN READ IT HERE: https://www.iamonline.biz/blog/budgeting-is-like-planning-a-holiday-how-a-bookkeeper-can-help-you-achieve-both



My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Managing money as a business owner isn’t always straightforward—especially when paying suppliers, team expenses, and navigating PAYE obligations. That’s why prepaid cards for employees or outsourced partners can be a game-changer. Here’s how:
1. Control and Transparency: Prepaid cards give you control over spending limits and where funds can and can't be used, ensuring expenses stay within budget.
2. Easy Expense Tracking: Simplify expense management with detailed transaction records that integrate seamlessly with accounting software.
3. Secure Payments: Reduce the risk of fraud and unauthorised spending compared to traditional expense reimbursement methods or sharing your business card with others.

Whether you’re handling team travel expenses, supplier payments, or managing PAYE, prepaid cards offer a flexible and secure solution.

How do you manage business expenses effectively? Share your tips below!



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Struggling with a lack of visibility into your finances? Whether you have a bookkeeper or handle it yourself, clarity is key to financial success.

If you have a bookkeeper but still find yourself in the dark about where your business stands financially, it’s time to reevaluate. A professional bookkeeper doesn’t just crunch numbers—they provide insights, forecasts, and actionable data that drive informed decisions.

Doing your own bookkeeping? It’s admirable, but are you getting the comprehensive analysis and strategic advice needed to grow your business? A professional bookkeeper brings expertise, ensuring accuracy and compliance while freeing up your time to focus on what you do best—running your business.

Don’t settle for uncertainty. Let’s talk about how accurate bookkeeping can bring clarity and confidence to your financial management. Together, we’ll navigate the numbers and pave the way for your business’s success.

>>>book a call (scan the QR code or click the link)
https://link.feacreate.com/widget/bookings/iamonlinebizdiscoverycall



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

My Journey.

Hi, I’m Sam and when I first started my business, I remember feeling a mix of excitement and uncertainty. It was a leap of faith into the world of entrepreneurship—a journey filled with challenges and learning opportunities.

Like many of you, I juggle multiple roles—from bookkeeper to marketer to CEO. There are moments of doubt and long hours, but also exhilarating milestones and small victories that fuel my passion.

Today, I can relate to every business owner navigating their own path. Whether you’re just starting out or scaling up, remember: every challenge is a chance to grow, and every setback is a step toward success.

I’m here to support you on your journey. Let’s connect, share stories, and inspire each other as we build thriving businesses together.



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Are you paying for subscriptions you no longer need? Do you know what all the expenses are that leave your bank account every month?

Regularly reviewing and cancelling unnecessary subscriptions will save your business money.

Many businesses fall into the trap of paying for services and software they no longer use. Take the time to audit your subscriptions every few months. You might be surprised at how much you can save. Not only will this cut down on costs, but it will also streamline your operations and improve efficiency.

Make subscription audits a regular part of your financial routine and watch your savings grow!



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Feeling overwhelmed and unable to take that much-needed summer holiday?

As a business owner, it can be tough to step away when you're worried about what might happen in your absence. Trust me, I know I've been there too! But everyone deserves a break, and with the right support, you can enjoy yours without the stress.

A good way to reclaim valuable time is by outsourcing your bookkeeping. Imagine having your financial records managed by experts, ensuring accuracy and compliance, while you focus on what matters most—family, holidays, you!

Here’s how outsourcing your bookkeeping can help:

𝗦𝗮𝘃𝗲 𝗧𝗶𝗺𝗲: Free up hours spent on tedious financial tasks. Let experts handle your bookkeeping while you focus on strategic decisions or enjoy a well-deserved break.

𝗥𝗲𝗱𝘂𝗰𝗲 𝗦𝘁𝗿𝗲𝘀𝘀: We will stay on top of your finances, providing peace of mind that everything is under control and you're fully compliant

𝗜𝗻𝗰𝗿𝗲𝗮𝘀𝗲 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆: With specialised skills and knowledge, we can streamline your financial processes, often identifying cost savings and efficiency improvements.

Don't let the fear of stepping away keep you from taking a break. Invest in a bookkeeper and give yourself the freedom to recharge. Your business—and your well-being—will thank you.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Last week I attended the ICB's Inspire Tour in London. A great day not only for CPD (hearing about the new website, what's coming up in the bookkeeping world, how AI can help bookkeepers, how to better help our neurodiverse clients and employees, and updates on AML), but also to network and catch up with and make new friends. Thank you ICB UK (Institute of Certified Bookkeepers) for another fab reason for an away day 😂.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Attention Sole Traders and Directors!

If you complete a self-assessment, your payment on account is due on 31st July! Whether you're a sole trader or receive dividends as a director, it's crucial to understand and prepare for this tax obligation.

What is Payment on account?
Payment on account is a way of paying your income tax and Class 4 National Insurance contributions (NICs) in advance. It’s required if your last self-assessment tax bill was more than £1,000 unless you’ve already paid more than 80% of all the tax you owe through PAYE. These payments are made twice a year, usually on January 31st and July 31st, to spread the cost of your tax bill.

Stay on top of your financial responsibilities and avoid penalties, next time around by getting in touch today!



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

There are various numbers crucial to business success, and today we’re diving into why turnover is important.

Turnover, or revenue, is the total income generated from sales of products or services. It’s a fundamental metric that reflects your business’s sales performance and market demand. However, there’s more to profitability than just turnover. Behind the scenes, several factors determine how profitable your business truly is:

- Cost Management: Efficiently managing costs like production, operations, and overhead expenses is vital to maximising profitability.
- Profit Margins: Monitoring profit margins helps assess how effectively revenue translates into profit after deducting costs.
- Cash Flow: Healthy cash flow ensures you can cover expenses, invest in growth, and withstand economic fluctuations.
- Customer Retention: Loyal customers contribute to long-term revenue streams and reduce customer acquisition costs.

Understanding these factors alongside turnover gives a comprehensive view of your business’s financial health and sustainability. Keep an eye on these metrics to drive profitability and sustainable growth!

What other business metrics do you find crucial for success? Share your thoughts below!



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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Today, I'm sharing a glimpse into where I work my bookkeeping magic. From balancing budgets to ensuring every penny counts, this workspace is where I help businesses stay financially healthy and thriving.

What makes this space special is the tools and technology—the dedication and passion I bring to every client’s financial journey. Each number, each calculation, is a step towards their success.

‘Here’s to another day of empowering businesses through meticulous bookkeeping!

"

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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

How did you do? Did you get them all right? I know not the hardest of crosswords🤣 Comment below and let me know.

𝗔𝗰𝗿𝗼𝘀𝘀
1. We use this to submit your accounts
4. Some of these can be tax-deductible
5. This is the tax you submit to HMRC when you are paid
6. The deadline month for submitting your Self-Assessment
8. This is found on your balance sheet and is something you owe

𝗗𝗼𝘄𝗻
2. What am I?
3. This is found on your balance sheet and is equipment, property, cash in the bank etc
7. The tax year starts and ends in this month


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

New Blog Alert!

In this month’s blog discover how budgeting is like planning a holiday and how a bookkeeper can help you achieve both seamlessly!

Whether you are navigating financial waters or planning your next getaway, our latest blog dives into the parallels and practical benefits of effective budgeting with expert bookkeeping support.

Read it now for insights on optimising your business finances and gaining the freedom to focus on what truly matters.

Here’s the link: https://www.iamonline.biz/blog/budgeting-is-like-planning-a-holiday-how-a-bookkeeper-can-help-you-achieve-both (or scan the QR code)


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Do you find that bookkeeping tasks are time-consuming?

Can I ask, would you hire someone who isn't qualified or doesn't have the expertise to work alongside you in your business? I guess the answer is No! So our point is, why would you struggle with your bookkeeping that takes you away from core business activities, or means you don't get precious time with your loved ones when you could be outsourcing it to an expert who will give you the time back with lots of useful ideas to streamline your financial processes?

Outsourcing your bookkeeping to a qualified bookkeeper ensures accuracy and compliance, but also frees up your valuable time to focus on what you do best – running and growing your business.

Let's talk about how we can help streamline your financial management and give you back that precious time!


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Time for some Friday Fun. Answers will be revealed next week

𝗔𝗰𝗿𝗼𝘀𝘀
1. We use this to submit your accounts
4. Some of these can be tax-deductible
5. This is the tax you submit to HMRC when you are paid
6. The deadline month for submitting your Self-Assessment
8. This is found on your balance sheet and is something you owe

𝗗𝗼𝘄𝗻
2. What am I?
3. This is found on your balance sheet and is equipment, property, cash in the bank etc
7. The tax year starts and ends in this month

How do you think you did?


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

That moment when you return to the office from a two-week holiday and have to deal with the post.

If you’re going away this summer, you might already be dreading it.
But your paperwork doesn’t need to be overwhelming.
Because at iamonline.biz, our bookkeeping services handle all the paperwork, from invoices to tax filings, so you don't have to!

Comment "PAPERWORK" to learn how we can help you manage your business documents. Your future self will be so pleased you did.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

As a bookkeeper with a practice license with the Institute of Certified Bookkeepers, I must keep up with my CPD. I normally do this by attending various accounting conferences throughout the year. They not only put on amazing seminars but also allow me to network with others in my profession. The only issue is that you always want to attend more than one seminar at a particular time. Thankfully, has come up with a solution this year and has sent recordings of all the sessions so I can now catch up with those I missed. Something tells me I'll be over my CPD points this year 😂.

What are you doing to keep your CPD up to date?


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Finance Friday Poll: Do you prefer digital receipts or paper receipts? Let us know in the comments!

Here at iamonline.biz we prefer digital receipts. All our clients use to upload their receipts and bills. Once uploaded, we can go in and code the purchase correctly and send it directly to the accounting software. No more boxes of receipts cluttering your office. No more scrambling around trying to find that receipt, you can take a photo as and when you spend. More importantly, no more lost receipts 🥳 .


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Do all of your systems speak to each other?

Using the right software can make a huge difference in managing your business efficiently but you might be working with antiquated systems, inefficient processes or tools that don’t speak to each other resulting in manual work arounds.

At iamonline.biz we help you choose and implement the best software for your bookkeeping needs, making your life easier and your business more productive.

Comment "SOFTWARE" if you're interested in learning more about the best tools for your business.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Happy Monday! Remember, in the world of business, perseverance is key. 'Success is not final; failure is not fatal: It is the courage to continue that counts.' What will you be doing this week to make sure you continue?


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Do you have an expense management policy in your business? Do you track expenses by monitoring and categorising them accurately using software to scan and record receipts?

By categorising your expenses accurately, you can regularly review your expenses and identify areas where costs can be reduced. Incorporating this into your monthly process would enable you to identify unused subscriptions, and unnecessary expenses in a more timely process ultimately saving you money.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Why taking time off is crucial for business owners.

● Mental health
● Productivity
● Proper rest
● Recharging
● Ideas generation
● Because it’s just nice to spend a day not working!

Taking a break is essential for your mental health and productivity. As a business owner, it's important to recharge.

We can handle your bookkeeping tasks so you can enjoy your time off without worry.

Comment "RELAX" if you want to know how we can help keep your business running smoothly while you take a break.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

This is my to-do list and I'll be happy if this gets completed today. What are you're 'must do's' for today? Your non-negotiables? Mine are the swim and the social media planning.

However, if you're anything like me, you will get distracted and whatever is left on today's list is pushed to tomorrow. This is why I like the flexibility of working for myself. If I run out of time today, there is always another time to complete it. There is no point in putting too much pressure on yourself to tick everything off - if you do that is a bonus - but ticking just one thing off has you in a better position than you were yesterday.

Whatever you are up to today, I hope it is productive. If not then don't panic, there is always tomorrow.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

Do you reconcile your books regularly? Or is it something you do once a year when you submit your accounts? Do you calmly deal with issues when they arise? Or do you frantically try to remember what that payment was for 6 months ago?

Regularly reconciling your bank statements with your records means you can spot and resolve discrepancies quickly. By performing monthly reconciliations for all accounts including petty cash and credit cards you can take away the stress from year-end.

Go on, give it a try.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

It's World Environment Day today. Combining environmental ideas with business can lead to more sustainable and eco-friendly business practices. You could:

- go paperless (you could use digital invoices and receipts software and the Cloud to minimise paper usage and storage).
- use sustainable office supplies.
- establish recycling programs.
- implement strategies to reduce waste.

Little things add up to big things.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

On a scale of 1-5, how stressed are you about the summer holidays?

Summer is just around the corner, which means planning family trips, school sports days, and enjoying the great outdoors. It sounds like just the kind of flexibility you became self-employed for, but as a business owner, balancing work and personal life can feel overwhelming. What if I told you there's a way to feel more organised and ready for summer?

Our bookkeeping services can help streamline your business operations, giving you more time to enjoy the sunny days ahead.

DM me the word "SUMMER" to learn more about how we can help you prepare.


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.

BLOG ALERT: Our new blog has gone live on ways to prepare your business for the summer.

https://www.iamonline.biz/blog/5-ways-to-prepare-your-business-for-the-summer


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My name is Sam and I am a certified Bookkeeper who can help you gain control of your finances and put you back in charge of your life. If this is something you are struggling with then DM me to see how I can help.

I am also a certified menopause support coach. I help women and their families navigate the stresses of peri-menopause/menopause one day at a time.