It's quite difficult for us to get a handle on what business owners think of their accountants, but over the years, we have picked up on some general themes. Many business owners think of their accountants as either: The police/headmaster making sure you don't do anything wrong Mentors or guides to [...]
Cash is a problem for any business. The two main issues are either a lack of It or too much of it. If you are suffering a lack of cash in your business, you probably think having too much is not a problem, but it is still a problem just a [...]
Growing businesses need people. You only have 1 pair of hands, and unless you want to spend all of your time bogged down in admin and firefighting problems, you will need people (whether employees or subcontractors) to do all of the things that you either do not have time to do or [...]
Some businesses find it easy to find customers they are tripping over the work and can’t cope with the amount they have, but many find it difficult, and the biggest worry is where is the next customer coming from. Recycling bins up and down the country are full of ‘junk mail’ [...]
As I look back over 2021 and consider what a tough year it’s been, I start to wonder what 2022 will bring. I spent some time looking through our blog library to see what we thought was worthy of writing about in 2021. In January 2021, we laid down the gauntlet [...]
Businesses are started for a multitude of reasons by people with a plethora of motivations. For most, running a business is a lifelong learning curve full of interesting and exciting challenges. Growing that business is all about eliminating bottle necks and problems that get in the way of that growth and [...]
It’s still true to say that the Jury is still out on cryptocurrencies. Finance and Business gurus from Warren Buffet to Elon Musk have commented both negatively and positively on them, and the second-largest economy in the World, China, has made transactions in them illegal. But all this is window dressing [...]
Running your own business is a risk, stepping away from a regular pay cheque for the uncertain profits of a business, is a risk. But you can’t stop there, because if you want to grow your business you are going to have to leave your comfort zone time and time again. [...]
Businesses are started for many reasons and the main reason, underneath all the other ones, is to make a profit. No one sets out to make a loss and an occasional monthly loss is not a problem, but this blog explores consistent losses. Why do some businesses make consistent losses? To [...]
On my way to the office this morning, I passed 3 petrol stations all with queues of traffic and I couldn’t help thinking back to the last fuel crisis – I think it was a tanker driver strike – and the stress of trying to run a business when you don’t [...]
