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We regularly write articles to keep you up to date with changes that affect your growing business.

Benson Wood Growth Vision Workshop
Blog Growth Vision Workshop

What happens during a Growth Vision Workshop?

Taking a full day away from your business is a significant commitment, so you’ll want to know how that time will be spent.

Will AI replace bookkeepers
Accountancy Advisory Insights

Will AI replace bookkeepers? What it means for your business

AI is unlikely to replace bookkeepers, but it will continue to change their work. Software can handle routine processing much faster, leaving bookkeepers more time to check the records and investigate anything unusual.

How Benson Wood can help you grow your business
Advisory Insights Business Advice

How can an accountant help your business grow? 5 ways we support our clients

An accountant can help your business grow by giving you an understanding of what it can afford and what your plans could mean financially. When they know the business and stay involved throughout the year, they’re also more likely to spot problems early.

Benson Wood Scotland Business Growth
Accountancy Advisory Insights

How does a business grow in Scotland?

Business growth can mean different things depending on the owner and the stage of the business. For some, it means increasing sales. For others, it means improving profit, taking on staff, moving into new markets, investing in systems, or building a business that feels less dependent on them day to day.

Benson Wood Values Workshop May 2026
Blog

Why the new Benson Wood company values had to come from the team

Our new company values weren’t written by one person and handed to the team afterwards. We brought everyone together away from the office to work through real examples from inside the firm, so the values reflected how Benson Wood works with clients and as a team.

Lanarkshire roundtable for professional services
Advisory Insights Blog

Business resilience lessons from our Lanarkshire roundtable

We brought together 17 professional services owners from Lanarkshire and Central Scotland to talk about business resilience and what would happen if they couldn’t work for 6 months. We asked where the business relied too heavily on them, what a healthier firm could look like in 5 years, and what it really takes to build a more resilient business.

Corporation tax
Accountancy Accounting

Corporation tax

Corporation tax Corporation tax – the tax companies pay on their profits – has been a hot topic in Scotland over the past few years. Although corporation tax rates are set by the UK Government (making it a reserved matter rather than devolved to Holyrood), the effects are keenly felt by Scottish businesses and industr…

Close-up of dictionary page with definition of the word 'business'
Accountancy Accounting

16 Accounting Terms and Definitions to Know as a Business Owner

Accounting terms are not the easiest to understand - so we've made a list of the key accounting terminology, with definitions, that you should know.

Pair of binoculars resting on top of case on table
Accountancy Accounting

How to Choose the Right Accountant: A 5-Step Guide

Choosing an accountant is no easy task, so here are the 5 steps you should follow to find the right accountant for you and your business.

Businessman leafing through wad of cash at desk
Business Business Advice

Salaries and Dividends: How to Pay Yourself as a Business Owner

How should you pay yourself when you own a business? Salary, dividends, or a combination? Read our guide to discover the most tax-efficient method for you.

Cartoon of miniature businessman holding up toppling book spine-like rectangles that a giant finger has pushed over, with three more rectangles standing upright behind him
Business SME

What SMEs can do in the event of a recession

While the end of 2023 saw inflation slow down, experts have warned that the chances of a recession in the coming months are more likely. A recession, which is usually triggered by an economic decline across two consecutive quarters or more, was last seen in the UK in 2020 during the Covid-19 pandemic. The risk

Cartoon of a giant head with the skull wide open on a hinge, with a businessman inside the head steering a ship steering wheel and pointing ahead
Business Business Advice

How does your locus of control influence entrepreneurial success?

Running a small business involves a lot more than juggling logistics. Knowing how to tackle and overcome challenges is an essential aspect of entrepreneurship. Rather than solely being determined by skill, your success as an entrepreneur is underpinned by your personality and your approach to challenges. One of the key psychological theories that comes into

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