Practice News

The Devine & Co Accountants team know that when setting up your new venture, the people you hire may well become the most important assets in your business. They’re your trusted workforce, the face of your new brand and the people you’ve entrusted with getting your business idea out into the real world. Making a…

The Devine & Co Accountants team know that when you’re busy running a business, it can be easy to overlook your own wellbeing and mental health. Stress can have a serious effect on your ability to function and you can’t make consistently good decisions and lead your team if you’re under a weight of pressure…

The Devine & Co Accountants team know that even with the best products and/or services in the world, you won’t make many sales if your intended customers don’t know about your business. To raise awareness of your brand and kickstart your sales process, you need to start marketing and promoting the company. Sales and marketing…

The Devine & Co Accountants team are aware that calculating your net worth can be a quick and easy way to get an outline of your financial position. By working out your net worth each year, you can get a sense of whether your finances are going in the right direction. Tracking your net worth…

The Devine & Co Accountants team encounter new business often and we are always curious WHY people are setting up these businesses? You’ve had your initial business idea and written a plan. But do you know WHY you’re creating this business, or HOW you’ll deliver your end product/service? What will the company’s underlying purpose be…

We at Devine & Co Accountants know that for a startup, the key thing is to define what your idea brings to the marketplace. This way, you know WHY you’re starting this venture and – crucially – whether it’s a viable business model. As the old saying goes, ‘Fail to plan, plan to fail’. So,…

We at the Devine & Co Accountants office know that when you’re a small business owner, asking for payment on overdue invoices can sometimes be a delicate matter. If your business doesn’t have an accounts department, sometimes you’re trying to secure new work and chase invoices from the same person. That can be an awkward…

The Devine & Co Accountants team has a question for you. Is your business using e-invoicing? It’s a fantastic way to protect yourself and your customers from invoice scams, and it can help you get paid faster. E-invoices replace emailed PDF invoices or links to online invoices. Instead, e-invoices are delivered securely to your clients,…

We know at Devine & Co Accountants that a great business idea is an excellent starting point for a company. But without funding to provide the necessary capital, your business idea could be dead before it’s even begun. Think about how much investment you’ll need to get going, the different routes to funding and the…

We are acutely aware in the Devine & Co Accountants office that to trade as a business, you need to meet the right compliance requirements. It’s certainly not the most exciting part of creating a business, but setting up the right legal, accounting and tax compliance foundations ensures that you’re doing everything by the letter…