How to handle the spot audit from the Law Society?

How to handle the spot audit from the Law Society?

Spot audits in law practice are more or less like the practice inspection in accounting practice. The Law Society has expressed concerns over financial deficiencies noted during the spot audit. In some cases, poor documentation and records may lead to practice...
Are those franchises attractive to you? Part 2

Are those franchises attractive to you? Part 2

Last blog, we have touched on the surface of franchises.Today, we talk about something more about franchises. My first advice, it is always important to consult with your trusted professionals including accountants and lawyers before starting or buying any franchising...
Holdback? Did you do it right in tax?

Holdback? Did you do it right in tax?

In the construction business, a holdback is common.It works like this: the customers keeps part of the payment when they are satisfied with the quality and completion of the project based on the agreement. What are the tax implications for home builders/contractors?...
Are those franchises attractive to you?

Are those franchises attractive to you?

Franchises have strong appeal for a lot of potential owners as the franchisor has the proven track record and the turn-key business save business owners time and effort to invent the wheel. Before you start a new venture in franchises , what you should know first...
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