Don't Just Go With Your Gut! This post is about how the right business numbers can help you make decisions. Managing a business is tough, whether your business is growing, is stagnant or declining you still need to make decisions. Decisions that can have a huge impact. I have always been interested in how decisions [...]
Here at Accsys Accountants Ltd, we are also Xero Experts! So here, we have made a simple video to help you. How To Add Paypal To Xero is an easy and informative video to guide you along the way in this process and furthermore, help your business. Please click the video below or watch it [...]
Here’s how we did it. It all started during a recent review with a client where we highlighted, with the MD, an issue that we thought may be causing them problems. Internal problems that they weren’t aware they were having. We had noticed that response time from their finance team was increasing, their cash [...]
I have noticed lately an increase in the number of calls from business owners whose accountants have seemingly taken on Magical Powers. They have mastered the art of disappearing. Cutting off all communication from their clients and effectively ceasing their involvement with them. When this happens it puts enormous pressure on the business owner because they [...]
Gone are the days when you were able to rely on your bank for raising finance, come to think of it, gone are the days when you are able to rely on your bank for much. The banks are facing a battle against alternative finance providers who are seemingly able to provide quicker, easier and [...]
There are many reasons why you might want to use a virtual office address for your business. For example, if you run your business from home and you don’t want your customers to know. It’s understandable that you may also not be keen to have your address out there in the [...]
I was meeting some potential clients the other day and during these initial meetings I routinely ask if there is anything they would change about their relationship with their existing accountant. This husband and wife team exchanged knowing glances and then proceeded to unfold before me a tale of a relationship with their existing accountant that [...]
Imagine if you were a sports star and you had a great coach to help you with your game but you only had their attention once a year. You would be amazing for the one or two weeks after their input but you would probably pick up some bad habits the other 50 weeks. Now [...]
Businesses are meant to make you money, to support you and your family’s lifestyle. There are times in your businesses journey, especially when you are starting out, that you have to pay the business. It’s almost inevitable because you are making an investment in the future. However, this should only ever be a temporary position. [...]
A few nights ago I saw a documentary about small business owners who had been defrauded by their bookkeepers. This was a blatant abuse of their positions, where individuals stole hundreds of thousands of pounds. The methods used by these fraudsters were fairly simple and once you know what you are looking for they are easy [...]
