The Last 3 Digits

In today’s episode, we discuss some of the best ways e-commerce businesses can scale up their revenue. We dive into pop up shops and how they can be effective in gaining new customers for your business. Another tactic that can work well is email marketing although we are aware that some businesses make it impossible for you to unsubscribe. Moreover, when business is booming, it’s important to know when to grow your team effectively. We ask Taimur about supply chains, how a business can build one and why it’s important. TL3D shout out businesses that have been able to scale up and see continued success. What e-commerce businesses have you seen scale up significantly? Let us know through our socials.

This episode is sponsored by Osome. If you’re looking for an e-commerce accountant, check them out: https://osome.com/uk/referral/ecommerce-100/?ref=thelast3digits&aff_name=The+Last+3+Digits&coupon=Last3

Get a £100 off with our discount code: Last3

This weeks episode the gang discuss ageing with money!

Nego, Bola & Disu discuss the cost of socialising now we’ve been outside for over a month. We talk about our spending now vs pre pandemic and what we’re doing to make sure our finances don’t take anymore serious hits as a result.

We get into the costs of running a charity and whether they should have cash reserves in case anything happens. TL3D also talk about how Go Fund Me makes the majority of their money and the most bizarre things we’ve seen individuals raise money for. Nonetheless, we know there are many notable causes that we shout out on the podcast. Make sure you tune in!

We’re joined again today by Taimur from Osome who gave us insight on how an accountant can help us with our taxes. Nego lists the penalties businesses can get themselves into by avoiding tax deliberately which leads into further questioning about what counts as intentional tax avoidance. Taimur also touches on how accountants maintain compliance for their clients. We know all accountants don’t provide the same services so we discuss what else an accountant can do apart from filing our taxes. From quarterly management accounts to daily bookkeeping, there are so many services available. With the rise of eCommerce, we ask Osome what made them focus on that sector? Taimur fills us in on why eCommerce is a focus at Osome. If you're an eCommerce business looking to simplify your accounting experience, check out Osome and use the code 'Last 3' for a discount.

We were joined by Taimur from Osome and we spoke about his journey to becoming an accountant and how Osome is helping entrepreneurs make their journey a little simpler. From understanding what a sole trader is to knowing when you should become a limited company, we get into the differences from a tax and legal perspective as well as the advantages of each option. Disu talks about the wildest accounting expense he has ever heard which came up to £35,000 which led to us talking to Taimur about what exactly is classified as an expense. For anyone who wants to know their numbers for their business, this episode is for you.

Check out Osome!!!!: https://osome.com/uk/referral/ecommerce-100/?ref=thelast3digits&aff_name=The+Last+3+Digits&coupon=Last3

Discount code: Last3

With restrictions coming to an end soon, TL3D discuss how they feel about being out and about from a financial and health aspect. We also discuss how much it pays to be on Love Island on a weekly basis as well as the potential income that can be amassed after. Nego, Bola and Disu discuss how what deals would be worth it vs what wouldn’t be from an integrity standpoint. Disu gets into the stats of what a popular member of Love Island can make on a single post. We also touch on TikTok banning financial ads and what that means for popular finance creators. Make sure you tune in to #TL3D for our opinion and join in the conversation on our socials.

TL3D discuss the difference between giving financial advice and guidance. You usually have to pay a fee for financial advice which is usually given alongside the purchase of products such as shares, bonds, funds, some types of insurance, and pensions through an advisors firm. Guidance includes giving general information that doesn’t come with personal recommendations which can be great for those trying to narrow down their options before deciding the way to use your money.

Nego, Bola and Disu also talk about new school scams that come through such as fraud text messages and emails that’s catching 16-60 year olds.

Tune in for more from #TL3D

Given the events of last year, graduates are struggling to find jobs irrespective of their degrees and grades. Disu, Nego and Bola talk about their experience when they left university and the advice they’d give to their younger selves. We go on to discuss whether arduous applications and long winded interview processes are worth the hassle. Is working for a top company as good as it seems? Disu gets into what it means to work for a top firm and why it’s worth it.

Tune in and get involved in the discussion via our socials.