How information improves your business resilience follows on from last weeks blog. Organisations value information, and the quality of it. It feeds into your decision-making. However it's not just about financial transactions, it's about much more stuff in your...
Planning is good for business, remember if you want your business to be successful get to grips with it. Don't think "Oh no!" and glaze your eyes over. You really do need to plan,so read on It's good for business We all know how 2020 has been overall a crap year....
Arts and business – plan! Moreover, arts organisations are full of creative and energised people, who want to deliver inspiring work for their audiences. That is to say, they want to put on amazing events that will have people inspired. But that doesn’t mean they...
Firstly, being part of a team matters – even for those of us used to flying solo. Secondly, when you are part of community and build connections you can facilitate business growth and success. Working together is beneficial for you and your business. So why is that?...
Key performance indicator's Most importantly, if you want your business to move forward, you need to really get to grips with KPIs, key performance indicators. Above all, key Performance Indicators refer to goals and measures that you put in place to make sure that...
So, what does having a successful business mean to you? That is a really important question to ask yourself when starting out, as if you don’t know where you want to go, it is very difficult to figure out how to get there. Most importantly, Business growth doesn’t...
Three tips for your business growth Firstly, in this weeks blog we're giving you Three tips for your business growth. More specifically we are going talking about MCP. Secondly, whatever your outlook for your business future, you cannot afford to stand still and be...
Lessons from businesses booming in Covid-19 is the topic of our blog today. So, you’ve heard it been said a thousand times, but these really are unprecedented times. Businesses are going bust, organisations are requiring support, workers are being furloughed, and the...
Firstly, what's your view of your business numbers - Friend or foe? Secondly, if you are in business, how do you think of your numbers, with love, with dislike, or somewhere In between? That is what we are going to look at in this blog. . If you think that money is...
Today's blog is about how to achieve calm amid the business storm. The business storm is due to the current Covid 19 situation, it could be something else. Firstly although it's worrying uncertain times at the moment, however like with all bad situations there will...
One of the main reasons that businesses go under is because of the confusion between cash and profit. Which is more important? What really keeps the business going? Well, Profit is More Important than Sales Here’s an easy way to look at it. Serena decides to sell...
Above all, knowing your costs makes you money, a statement of the bleeding obvious perhaps. The thing with statements of the obvious is we sometimes forget the business basics. Certainly, you need to be serious about making money in your business, by money we mean...
Writing your business plan Writing your business plan is a smart way to map out your future business story. Loads of businesses don’t bother writing one, and then again loads of businesses don’t survive and thrive. A good business plan focuses the mind, brings...
Above all, a business is there to make money. It’s your primary responsibility. Money means profit. It doesn’t make any difference whether your business is a private business, social enterprise or charity. Some headline reasons for making profits include: No...
First of all Record Keeping in The Cloud deals with a business task neglected and disliked by many. Similarly Cloud accounting does the power lifting of record keeping. Furthermore it saves time, money, and gets businesses to connect to. Hence letting you take charge...
Budgets: Setting Targets Budgeting involves setting targets. Clear targets motivate people to high performance levels. Budgets are your stories of tomorrow. They show choices, aims and objectives. Targets are typically shown in terms of money, i.e. income, costs and...
Firstly, the art of budgeting is quite complex. A budget is a plan expressed in money. It tells your future story in monetary terms. Secondly, budgeting is one of the most powerful business and management tools around. It plays a key part in planning, control, and decision-making. Plan your budget Firstly, decide who is going […]
Choosing the right Credit Controller Firstly choosing the right Credit Controller for your business is important. As a result sometimes when work gets busy one of the things that can get delayed is the sending out and chasing up late payments. Being more DOG about it means being more proactive with your debtors, so you […]
Credit control- Getting paid on time Firstly, credit control and getting paid on time is crucial for all businesses. You need money to pay bills, staff wages, repay loans, investment, and also to pay yourself. Most importantly, if your business doesn’t get paid on time, you are heading for financial problems. So get your credit […]
I often get asked, What is Management Accounting ? Great question, Management accounting is about is using accounting and business information. It’s about making informed business decisions more efficiently, and more immediately. Financial accounting This tells your business story through your financial statements to those outside of your business. These statements are typically your profit […]
Above all, profit & your break-even point are so important to businesses that we’ve dedicated this blog and clip to this subject. As a result you might be wondering why knowing about this is important. Stay with me as we look at break-even. In short the bottom line is knowing your gives you better […]
Firstly, Cloud online accounting is something businesses need to embrace in this ever-growing digital age. Above all you have the power to achieve so much in your business and life. Three important points to note: Motivation Mindset Numbers Above all motivation and mindset are certainly two of those things. These can help you to improve […]
Business budgeting for success needs the solid foundations of sound financial management built into its overall strategy. For that reason finances should underpin every aspect of its work. Plan and cost your activities, so your resources are properly considered. “Failing to plan is planning to fail,” Benjamin Franklin Likewise Franklin’s words apply to budgeting. Hence budgeting is […]
Credit control:Take charge Credit control is an area that many of us find difficult to fit in to our working lives. However take note it’s really important to keep on top of it- it’s the lifeline of your business after all. 3 questions to ask yourself regarding credit control: Are you on top of your […]