I was delighted to be invited to present at the Inspire networking event on Monday 10 April at the Waverley Hotel in Workington. Inspire West Cumbrian Businesswomen is a network serving business women all the way from Whitehaven to Keswick and Silloth to Millom. Each month around 50 of the most inspiring women in West Cumbria from bookkeepers to interior artists to dairy farmers meet monthly to raise the profile of their businesses, discover new opportunities and tap into expert advice and expertise.
As a committee member of the networking group, I was proud to be asked to deliver a short presentation on relevant topics affecting businesses in a friendly and welcoming environment of like-minded business professionals. As is often said ‘it’s not what you know, but who you know that counts’…
My presentation began with me talking about some of the upcoming changes in the world of accountancy and tax. I explained to the attendees how they can ‘future proof’ their business by upgrading and updating their current bookkeeping methods to cloud based accountancy solutions, such as Xero, Sage One or QuickBooks. These are all software programmes which allow businesses to work more efficiently and keep accurate bookkeeping records.
As the National Living Wage (NLW) and the National Minimum Wage (NMW) rates increased at the beginning of April, I shared the different legalities that businesses must comply with when employing a new individual. My four simple steps to ensuring the recruitment process and induction period goes smoothly of ‘budget, recruit, train and maintain’ was well received and is an easy to remember catchphrase that will help to keep businesses on track.
Other topics during my presentation included recent updates surrounding the well-publicised subject of Making Tax Digital and how this will affect businesses. I also shared some information on the new Tax-Free Childcare account and explained why everybody should be registering for their own personal tax account.
The evening was a great success, with new members to the networking group in attendance and great feedback received from all. I also generated some potential new clients that I am very excited to work with and help their businesses to grow.
I would like to thank David Bowness who was on hand throughout the evening assisting me with attendee questions and technical issues that arose from my presentation.
If you would like to learn more about Inspire West Cumbria, please visit their website www.inspirewestcumbria.org.uk/, it would be great to see you representing your West Cumbrian business at our next event on Monday 8 May at The Coffee Kitchen, Cockermouth.