Thinking of buying a Franchise?

How to Account for Upfront Franchise Fees A Quick Overview for Franchised Businesses operated via a Limited Company   Upfront franchise fees are fees that a franchisee pays a franchisor for the rights to use the franchise name and other…
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Budget 2013 – Simple Summary

Whilst the Budget documentation might be an interesting read for some, not everyone has the time to wade through it and consider the ramifications. So to help, here is a brief overview summarising the changes. (Click on the Briefcase below for more…
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The origins of Double Entry Accounting

Love it or hate it, double entry bookkeeping is the basic principle upon which modern accounting systems  are based. The method was used by Venetian merchants during the Italian Renaissance and was documented by a Cistercian monk called Luci Pacioli in his book "Summa…
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