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Business Strategy

SUCCESSION PLANNING: A WILL FOR YOUR BUSINESS

The unfortunate reality is most business owners don’t take proper holidays. Usually this is because their business relies on them and they don’t have the support to keep the business running without them.

Blog

Seven Ways To Improve Workplace Productivity

The success of any business, large or small, depends largely on nurturing an efficient, productive workplace. While improving employee productivity should be always be a priority when the ultimate goal is a sustainable

Business Strategy

FIVE EFFECTIVE RISK CONTROL STRATEGIES

Dealing with risk is an inherent aspect of business management. The way you prepare for risk is the most important factor in determining the longevity of your enterprise. Businesses of all sizes have

Business Growth

USING SMART GOALS TO ACHIEVE MORE

As a small business owner, you’re likely always looking for ways to achieve more. Maybe you made a New Year’s resolution about it. You might have resolved to make more money, find more

Battling Through COVID-19: Finance Tips for Business Survival

While there has been a lot of talk on how to avoid contracting the virus and how businesses can operate safely to adapt to the current conditions, this article will focus on helping you manage the financial aspects of your business to survive COVID-19. Read on for our tips on cushioning the impact on your business.

The top 10 time wasters

Lack of clear goals. Start by setting clear 12 month goals, then break these down into 90 day goals. Your actions each day should be steps towards achieving those 90 day goals, which

Are accountants a cost or an investment?

As accountants, we’re always helping our clients find ways to reduce their overhead costs – one of the seven ways to grow your business. Did you know that your accounting fees are an

The Benefits Of Creating A Holding Company

Once your small business gets to a certain size and turnover, there’s real value in assessing the company structure and learning how to make things more tax-efficient. Setting up a holding company is

8 key things restaurant owners struggle with everyday

It’s a shocking truth, especially for new restaurateurs: Food and labour costs usually range between 62%-68% for every pound in revenue, with profits only reaching between 2%-6%.  With razor-thin profit margins, restaurants can’t

Retail store finds one way to bring success

Sarah and Tim own an independent home entertainment retailer, selling televisions, music systems, phones, computers, games and consoles and other consumer electronics. Having completed their year-end accounts and tax work, the accountant presented

Brexit and your Business

It is perhaps the biggest political shakeup of the UK since World War 2, but while there are many words discussing hard Brexit, soft Brexit, politician’s performances and failings, what does it really

8 ways an accountant can help small businesses

On the off chance that you are bootstrapping, or beginning an independent venture on a constrained spending plan, you have presumably invested some energy attempting to make sense of where you can cut

Get yourself ahead of the pack

Formal and Informal Systems All businesses have systems. They make the wheels of your business turn. Some systems are formal but many are informal.  Systems that are informal can keep your business wheels

Barber responds to new competition

Scenario A well-established barber shop in a small town was hit hard when a new barber moved into the area and set up shop. Having held a monopoly prior to the arrival of

Time for a change…and quickly!

Ever heard the expression “time is money”? Well, it’s never more true than when it comes to making changes to your business. While change is not something that most people embrace quickly or

Are the Vital Signs of your business Healthy?

A healthy body demands routine checks and examinations. So does a healthy, thriving business. No matter what stage your business is in, to keep it going you must check its systems, pay attention

What’s your purpose? Why are you in business?

If you don’t know, your customers surely don’t. More importantly, if you don’t know, you won’t be able to tell your customers why they should choose you over your competitors. Answering this simple

Avoid changing horses in midstream

It’s rare that Accountants are spoken of as examples of great marketing. So please indulge us as we share with you a wonderful campaign run by the Institute of Chartered Accountants in England