Paddy's blog

I had a lovely e-chat with my cousin today. Like me she has taken the plunge into the world of running her own business. Very proud of her! But in the chat also came up the pain of juggling life! The thing we all envisage reaching...THE WORK-LIFE BALANCE!

(Photo credit: Image by StockUnlimited)

"How Much? Gosh, that's a bit expensive." The first response I hear when I mention my rates. Not thinking that we have to cover things that a typical employee does not need to worry about like equipment costs, and not being able to charge for every hour of every day.
But laying that aside for a moment, how many have actually sat down and thought about the costs of an employee compared to outsourcing to a Virtual Assistant (or other professionals)??

A What Now? Have you heard of a Virtual Assistant?

According to the Wiki...and we all know that is the root of all explanations...A Virtual Assistant (typically abbreviated to VA, also called a virtual office assistant) is generally self-employed and provides professional administrative, technical, or creative (social) assistance to clients remotely from a home office."

Recently more and more people are looking at cloud-based accounting systems and moving away from the traditional desktop based systems.

People prefer to know a bit more about their business than they used to. Especially Sole Traders and Entrepreneurs who need to be aware of exactly where they stand financially to make informed business decisions.

Year End Accounts!

Almost pulled my hair all out, but its done now and 31st January is gone!

Looking back I wondered why I was so stressed, mine was done and dusted in October, but my clients on the other hand, well there were a few last minute daredevils out there! It made me look at various ways sole traders or entrepreneurs record their income and expenses.

You survived the first month of 2017?

You failed on the New Year's Resolutions already?

Dry January is a thing of the past?

OR is it

TAX RETURNS ARE DUE!

If you are stressing about this, please do get in touch and Virtual Diamond can give you a hand. Or if you prefer to go through it alone, HMRC have provided a few very handy webinars to assist you.

Being an Entrepreneur myself, running a business and a life, I have realised that while helping clients achieve their goals I have let mine slide a bit...Just a bit mind!

I took a look at the various things that were occupying my time and realised there are a few things I can do to manage my business properly! It could help you too! So...here are some ways to work for efficiently!

Throughout the ‘Summer’, (as it wasn’t really Summer was it? Just a few warmer days scattered over July and August!!) I put off random things to September for ‘once the children are back at school’. New school year, new clients, new adventures!