THE ACCOUNTING MISTAKES COSTING UK BUSINESS OWNERS THOUSANDS (AND HOW TO FIX THEM)
Are you running a UK business and struggling with your numbers? Thinking you can save a few quid by DIY-ing your bookkeeping or using software like Xero or QuickBooks without expert help? You might be making costly mistakes that could sink your business—or leave you with a tax bill nightmare!
In this unfiltered interview, Chris Worden from Director First sits down with Sam Millward (Accounts and Legal), the straight-talking accountant known on LinkedIn for telling it like it is. Sam reveals the behind-the-scenes horror stories of business owners trying to manage their own books, including shocking tales of VAT disasters, cash flow chaos, and directors’ loan account mistakes that led to total business failure.
Whether you’re a start-up founder, seasoned business owner, or thinking about your next business exit, you’ll learn:
The true risks of DIY bookkeeping (and why spreadsheets don’t tell the whole truth)
How “simple” accounting software marketing is misleading entrepreneurs
VAT registration pitfalls and the RIGHT way to plan for tax
How to structure your finances so you avoid nasty HMRC surprises
The secret to making your accountant actually work for you
Why keeping your business “sale ready” (even if you’re not selling) could make you happier AND richer
Don’t let poor accounting ruin your dreams or cost you your hard-earned money. Watch now to hear real-life examples and life-saving tips from someone who’s helped entrepreneurs restructure smarter, exit cleaner, and actually understand their business finances.
Book now for a free business insolvency check.
Call 08000862766