Blog
Network Marketing Blogs
Browse our collection of monthly blogs on all things Network Marketing. In this area, you can find out about industry and company news, top tips to succeed in Network Marketing and read useful guides to ensure your tax and bookkeeping practices are up to date.
I’m using products just for myself, do I need to register?
Many Network Marketers start out in the industry by using the products or services of a particular organisation for themselves. They might sign up as a distributor because it gives them access to discounts on products that they like using themselves. Over time, some might start selling the...
I’ve missed the self-assessment tax return deadline – what happens now?
At this time of year, we usually get some panicked phone calls from business owners and taxpayers who realise that the self-assessment tax return deadline has now passed, and they haven’t filed their personal tax returns by the 31st January deadline. We know that life happens, and tax returns...
What 2020 meant for Network Marketers
January is traditionally a time for reflection on the previous year and planning ahead for the following year. In times of a Pandemic, too much forward planning can feel futile, so instead we want take stock of what the last year has meant for the Network Marketing sector. The benefit of having...
Maintaining motivation in difficult times
We live in difficult times. Amongst news of ongoing Coronavirus restrictions, worries about job losses and an economic downturn it can be hard to maintain a positive mindset. Struggling to stay motivated when so much else is going on in the world is common amongst entrepreneurs – after all, it’s...
Tax returns: a step by step guide to working with your accountant
As a business owner, you will be aware of the legal duties that come with owning a business – and having to complete an annual tax return is one of them. Whilst many choose to do their own tax returns, especially at the beginning of their business journey, there are also many who prefer to hand...
Five tax must-knows for New Direct Sellers
As a supplier member to the DSA (Direct Selling Association) UK, Chris Whitley-Jones shares his five tax must-knows for new direct sellers in this video: If we can be of help with any specific questions please contact us today.
PRBookkeeping software demo
In this brief demo, Cherylin Booker of PRB Accountants outlines the main features of the bookkeeping software PRBookkeeping. Watch the video here: If you have any other questions or want to find out more, please contact the PRB Network Marketing team on 01444 458252 or...
What Network Marketers should expect from their accountant
There may be different reasons why you might be looking to work with an accountant – perhaps you’re just starting out on your Network Marketing journey and want to focus on growing your business (rather than crunching the numbers), or you feel that your current accountant doesn’t quite ‘get’ the...
Free tools for professional looking images and videos
Marketing your Network Marketing business online has become even more important in recent months with people not able to meet in person. And with the rise of digital marketing channels such as social media, email and blogs comes an expectation for high quality visual content. Whether it’s memes,...
How to take your Network Marketing business to the next level
With recent reports that one in four workers in the UK are likely to be furloughed during the Coronavirus pandemic, many people find themselves with more time on their hands this spring. Some may choose to use this time to work on their professional development, upskill or pursue new hobbies....
COVID-19 government support for Network Marketers
We live in unprecedented times. Whilst we’re still getting to grips with the effects that the Coronavirus pandemic is having on us as individuals and our businesses, we have had many of our UK Network Marketing clients worried about the effect COVID-19 will have on their business. On the face of...
Network Marketing and VAT Registration
The current compulsory VAT threshold in the UK is £85,000 – in other words, if your annual turnover exceeds that level you are obliged to register for VAT and complete quarterly VAT returns. In the case of Network Marketers, turnover is the aggregate of product sales and commissions received. If...
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