Business-ology

Business-ology is a UK bookkeeping and accounting practice, trading as Business-ology UK Ltd, that acts as the outsourced finance team for sole traders and small and medium-sized businesses. Each client gets a package shaped to its needs and a named management accountant, and the firm aims to explain its findings in plain language rather than jargon.

Products and services

• Accounting and bookkeeping: up-to-date records, year-end processes and preparation, and financial advice.
• Management reporting: regular reports on business performance so owners can spot problems and opportunities early.
• Financial planning: budgets, cash flow management and financial goal setting.
• Payroll: flexible payroll packages built around each business's requirements.
• Compliance: help staying compliant, including Companies House identity verification for directors and persons with significant control.

Who it works with

Sole traders and small and medium-sized businesses, including owners moving from sole trader status to a limited company. It also handles personal tax matters for some clients.

Key facts

• Based in: United Kingdom
• Regulation: licensed and regulated by the ICB
• Companies House: registered Authorised Corporate Service Provider (ACSP)