Stock Days – Don’t Let Your Cash Get Stuck on the Shelf!
Stock Days – Don’t Let Your Cash Get Stuck on the Shelf! Managing stock isn’t just about tidy shelves—it’s about protecting your cash flow. Every unsold item sitting in storage = cash you can’t use elsewhere in the business. Want to unlock that cash and boost financial agility? Here’s how: Start by tracking Stock Days […]
5 Easy Tips for Managing Costs as a Business Owner
5 Easy Tips for Managing Costs as a Business Owner As a business owner, it’s crucial that you manage your costs well. Small businesses tend to have smaller profit margins, so it’s essential to keep control of your costs. Here are five easy tips on how to manage your expenses: 1. Start Immediately Most businesses […]
What Is A Financial Forecast?
What Is A Financial Forecast? Have you ever looked at your Year-End Accounts & been surprised the profit for the year was nothing like you expected? Or experienced that moment when you realise there isn’t enough cash to pay the wages bill? Or had an unexpected phone call from your bank, to tell you you’re […]
Revenue & Profit Per Employee – Are You Getting Your ROI?
Revenue & Profit Per Employee – Are You Getting Your ROI? Your business exists to be successful—to provide you with the financial freedom and lifestyle you want. But how do you measure success beyond just turnover and profit, especially if you’re a smaller business without a specialist finance team? These metrics are easy to calculate […]
Things I Can Help You With To Save You Time & Money
Things I Can Help You With To Save You Time & Money Just so you know Accountants know how to do more than just your taxes. Most people hate bookkeeping, need financial planning & a business coach. Let’s look at just seven things you need do, where I can save you time to do what […]
Is Your Credit Score Important?
Is Your Credit Score Important? A credit score is a measure of financial health & is used by lenders to determine if you’re a good candidate for a loan. A low credit score, may it difficult to get finance to grow your business. Your personal credit score can be just as important as your business […]
How Can I Increase The Value Of My Sales?
How Can I Increase The Value Of My Sales? This is the most important number. The bigger sales are, the more resources you need; all the other numbers move in line with sales. Why not try something different to increase sales. Think of sales not as ONE number, but as several activities: Every business is […]
Do you get what you need from your Accountant?
Do you get what you need from your Accountant? Because anyone can call themselves an Accountant, but not everyone has studied years to become one, some who present themselves as an Accountant aren’t able to deliver everything you need. Here are some of the key services that you should expect: 1. Bookkeeping and Accounting We […]
Is Your Focus on Turnover, Forgetting Profit?
Is Your Focus on Turnover, Forgetting Profit? Many business owners confuse the importance of turnover and profit, but it’s vital to understand the clear differences between the two, or you could find yourself in a whole host of financial trouble. Turnover is the money you bring in, the amount you generate from sales over a […]
What Sales Value Do I Need To Make A Profit This Month?
What Sales Value Do I Need To Break Even This Month? How would it feel if every month you knew each month if you were making a profit just by looking up your sales? It is called Break-Even, we can tell you that number & how to calculate it. SALES – COSTS = […]
