Planning

  • Posted October 28, 2025

Preparing for 2026: Budget Planning Best Practices

As we approach 2026, business leaders face an increasingly complex economic landscape requiring sophisticated budget planning approaches. With inflation volatility, evolving regulatory requirements, and shifting consumer behaviours continuing to impact business operations, the importance of robust financial planning has never been greater. Successful businesses are those that move beyond traditional budgeting methods to embrace comprehensive […]

  • Posted August 19, 2025

Benchmarking Your Business: Are You Really Making Enough Profit?

As a business owner turning over between £500,000 and £1 million, you’re in good company. You’ve built something substantial, created jobs, and are contributing significantly to the UK economy. But here’s the question that keeps many owner-managers awake at night: Am I actually making enough profit for all this effort and risk? If you’re not […]

  • Posted February 28, 2025

Top Tax Tips for Individuals as We Approach the Tax Year End

Introduction The current tax year end is rapidly approaching and now is a crucial time to review your financial situation and ensure you’re taking advantage of all available tax allowances and reliefs. At Whitesides Chartered Accountants, we’ve compiled our top tax-saving tips to help you make the most of the remaining weeks before the 5 […]

  • Posted February 23, 2023

What To Do Before the End of the Tax Year?

Not sure what you should do to prepare for the end of the tax year? Here is our handy list of tasks you might want to consider before it’s too late! The tax year ends on 5 April 2023 and now is a great time to get you head round all the tax changes that […]

  • Posted February 17, 2023

Why Good Budgeting Creates a More Profitable Business

What is Business Budgeting? A budget is a plan of your business’ spending based on its income and expenses. It helps you to set your financial goals, you can compare your actual performance against the budget to measure your performance. A good budget will summarise your income and spending to predict your profit and help […]

  • Posted February 12, 2020

Preparing for retirement as a business owner

Preparing for retirement should be something you look forward to, but it can also be tinged with sadness, your role as a business owner will change as you start to take a step back from the business you have owned and run for many years. As a business owner retirement is something you need to […]