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Business Tips

Tech Business Advice

How can salary sacrifice schemes save my business money?

How can salary sacrifice schemes save my business money? In April 2022, the new National Insurance rates will come into effect. Designed to help fund the NHS and social care in the UK, these new rates mean a 1.25% increase in National Insurance contributions for all employees, employers and self employed people. As a business […]

Best Practice

Business Tips

Thrive is B Corp Certified-Why we did it and how you can too

We did it! In December 2021, Thrive officially became a certified B Corp. From the beginning, we’ve been guided by the belief that business for good is good for business. That it’s possible to achieve greater profits through a greater purpose. This B Corp certification is just another step in our journey, but it’s a […]

Business Tips

What are the benefits of leasing an electric car for my business?

Salary Sacrifice Schemes, like the one offered by Octopus Vehicles, are just one example of how new incentives are making environmentally conscious decisions more accessible and beneficial for your tech business. Through this scheme, you can lease climate-friendly electric vehicles for your employees. As the name suggests, employees “sacrifice” a portion of their gross salary, […]

Behind the Pledge

Million Tree Pledge Update and How You Can Do It, Too

We did it! In December 2021, Thrive officially became a certified B Corp. From the beginning, we’ve been guided by the belief that business for good is good for business. That it’s possible to achieve greater profits through a greater purpose. This B Corp certification is just another step in our journey, but it’s a […]

Uncategorised

Million Tree Pledge Update and How You Can Do It, Too

The Million Tree Pledge is a commitment we’ve made to plant 1 million trees by 2030. You might have seen my blog post back in July announcing that Thrive was taking this pledge and explaining why. To summarize, there’ll come a day in the future when our children and our children’s children will ask, “what […]

Tech Business Advice

When bootstrapping isn’t enough for your tech business

Bootstrapping a tech business is not for the faint of heart. You’re uniquely passionate, competitive, and confident in what you’ll be able to build, so much so you’ve decided to do it with very little or no funding. Through each step of getting your business off the ground, you’re looking for ways to minimize costs […]

Best Practice

Business Tips

Coaching

Sales

Tech Business Advice

Sales and my SaaS company

Even the very best product in the world can’t sell itself. As the founder of a SaaS company, you’re acutely aware of the importance of finding a niche in the market, targeting customers, and getting sales. With this in mind, you may be tempted to hire a sales leader in the early days of your […]

Uncategorised

What are R&D tax credits and how do I maximise them?

Research and Development – or R&D – tax credits are a generous incentive by the UK government to get brilliant ideas funded, delivered, and creating profit. It’s a low-risk method to reward innovation, and HMRC are currently under enormous pressure to get this money out to eligible businesses with a mere 28-day turnaround rate. As […]

Uncategorised

Case Study: Tax review for a business owner

I’m a business owner as well as an accountant As our tenth birthday at Thrive gets closer, I’ve found myself reflecting recently. I sometimes find it hard to believe I’ve been a business owner for almost a decade. Although I’m not going to lie, I definitely feel it! But there’s one person who has experienced […]

Impact

Thrive and the Million Tree Pledge

That’s an easy one. It’s the commitment that firstly our business will be responsible for the planting of 1 million trees by 2030. And we’ll also recr…

Best Practice

How to use Amazon for your Business

It sounds obvious, but you’d be surprised at the number of Businesses still using personal accounts to make purchases. While it may seem like the easy…

Best Practice

How to avoid paying 60% tax

If you studied the gov.uk website you wouldn’t find mention of a 60% tax rate. The top rate is 45% and it’s reserved for those earning over £150k – Th…

Uncategorised

Powering the country – Tax is like Electricty

Our Energy Mix The GB National Grid is powered by a mixture of sources, from coal through to renewables. Looking at the October 2020 results, 47% of our generation came from zero-carbon sources. That seems good, right? I think so. But as you dive into the numbers behind the remaining 53% it’s mostly gas which […]

Impact

B1G1 Membership And Our Giving

Uncategorised

‘We The People’ The Global Goals

Not sure what The Global Goals are? Also known as SDGs or Sustainable Development Goals – sit back and enjoy this 2015 video that launched the UN Global Goals for Sustainable Development and then continue your journey of discovery here https://www.globalgoals.org/

Uncategorised

Lockdown 2.0 Business Support

Things move fast in 2020! Friday night had finally seen the release of further Job Support Scheme details (JSS the successor scheme that was to run Nov-Apr), but by Saturday evening that scheme was put on the back burner, with a full extension of the existing furlough scheme (CJRS). JSS will not now take effect […]

COVID

£20 million in new grants to boost recovery of small businesses

If you missed it last week, a new (small) grant has been announced for SMEs via local growth hubs. Grants of between £1k and £5k will be available to help businesses get back on track through professional, legal, financial or other advice and /or new technology and other equipment.

Xero

Is The Xero Cash Flow Forecast Any Good?

Xero has recently added a new dashboard feature, showing a cash flow forecast for your business of up to 30 days. Is it any good though? In this short video, James Lizars takes you through the good, the bad and the alternative for creating a cash flow forecast that really adds value.

Best Practice

Getting your invoice paid – going nuclear!

You’ve done the work, it was good work, gratefully received. You issue the invoice and….nothing. You nudge, politely chase, leave messages, insist, get cross, write a snotty email, delete that snotty email, breathe and chase again, showing empathy and being super-reasonable and…..nothing. Now what?

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