How we work
Working with Practice is a partnership.
We take time to understand each business. There’s no formula; it’s a case of thinking creatively ourselves, of mapping out how you want to grow and the road we can take to get there.
At heart, we’re an accountancy firm, so our relationships always start with finance. But you’ll need more support as you develop. And we’ll be there at every stage.
Accounting & Finance
Manage your books
It’s may not be sexy, but we’ve got to admit there’s a strange satisfaction to getting your books in order. Oh, and did we mention that it’s the single most important thing you can do to stay in touch with your business.
Our bookkeeping services will keep your numbers relevant, clean and clear throughout the year.
Company accounts, tax & VAT
We’ll set you up for efficiency and make sure you never miss a deadline – whether it’s your company accounts, tax or VAT return.
Tax questions get bigger (and more complicated) as your business does. But not when you’ve got Practice on hand to guide you through.
Pay your team
Getting paid is fun. Running payroll is a chore.
Practice can set up you up for PAYE, sort your salaries and make sure everyone on your team has a payslip each month.
Make a plan
Got too many ideas and need some practical support to make them happen? Or maybe you just need to pause and take stock.
Our strategy workshops help creative founders translate their visions into actionable plans.
Keep in touch
Keeping in touch of your finances is the best way to track progress. But you might need some guidance on how to do it.
With monthly reports or quarterly check-ins, we’ll walk you through a finance report to keep you up to speed.
Xero set up
Xero is an easy-to-use accounting software for bookkeeping, raising invoices, and running reports.
If you’re not already using it we’ll set you up, and help you move over from your current system.
People & HR
Becoming an employer
Becoming an employer is an exciting step for every creative founder. But there’s admin that comes with it too.
We’ll help you stay on the right side of employment law, and can advise on job descriptions and contracts. We’ll run payroll too.
Recruiting & on-boarding
Finding the right talent for your team takes time, effort – and a little bit of expertise.
We can help you build a recruitment plan, draft contracts and onboard new members of staff.
HR advice
Even if you’re looking after a small team, it pays to stay one step ahead of HR fundamentals.
Like pension enrolment, holiday pay and employer policies. You’ll feel all the more confident once you’ve got a grip.
Learning
Building a foundation for your team to learn and grow will help your business keep hold of the best people.
Together we’ll plan and budget for your team’s development – to encourage individual talent and also make sure your business has the right skills.
Culture
Every team has a personality. A set of values and something they stand for beyond just selling a product.
We’ll help you brainstorm strategies for keeping your employees happy, healthy and motivated.
Legal services
Company secretarial
Setting up your limited company at Companies House is a big step as business owner.
We can help you manage that process, and stay on top of the deadline and company admin as you grow.
Terms & conditions
T&Cs are the foundation of the relationship between your business and your customers.
We can help you set up terms and conditions to protect you in a way that doesn’t cost the earth.
Our network
At some point you’ll need a lawyer. But where do you find one, and how much should you pay?
Practice works with SRA accredited lawyers and firms and can help with questions on intellectual property, commercial, employment or litigation.
Tech
App advisory
Processes, systems and best-in-class apps keep the wheels of creative business turning.
We can point you towards the best choices for your team. Whether you’re an agency after project management tools, or a brand researching email marketing.
Automation & integration
Some businesses need a whole suite of software tools and tech to bring their product to life.
We can help you plan, cost and implement your tech stack to move you forward in the way you want.