Champagne Charlie – A Startup Saga
When should a new start-up implement an expense claim policy?
When you grow from the founders to your first round of hiring, you might not have an HR manager in place already. But it is worth getting an expenses policy and a company handbook in place before the new team arrives. It is much simpler than implementing a new expense claim policy after the fact.
Resources
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The company is expanding…
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Charlie is the new Sales Director.
He hits the ground running…
He hits the ground running…
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He pays for lunch…
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And submits his expenses…
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The CEO has a quiet word…
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What should happen?
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1. Put an expenses policy in place BEFORE you recruit.
2. Make sure it is compliant with HMRC rules.
3. Set up a company credit card system that allows you to set different rules for different staff categories.
2. Make sure it is compliant with HMRC rules.
3. Set up a company credit card system that allows you to set different rules for different staff categories.
