Bookkeeping: More Than Just Numbers Want to be productive, step forward bookkeeping and digital accounting This is the heartbeat of every business, social enterprise and charity, large or small. Good bookkeeping helps you manage cash, track sales, and meet your legal...
Making changes to your business systems can be a daunting task, especially when it comes to finances. Whether you're introducing a new financial system for the first time or updating an existing one, there are six key things to keep in mind to ensure a successful...
Introduction Running a successful business means you need to monitor and review your business activities, not just offer great products or services. It involves regularly reviewing and monitoring various aspects of your business, plus your financial activities....
Are you feeling overwhelmed when it comes to understanding how Taxes and financial planning fit. Moreover, how how impact your financial planning? Do you find yourself asking questions like, “How do I forecast for and build tax into my business financial plan?” If...
Ready to start Producing a financial plan for your business. Do you want to get your business finances sorted and plan for success? Creating a financial plan doesn't have to be a slog, it's something that is enjoyable! In this vlog I break down the five key steps...
Businesses are facing a cost of business crisis. This affects millions of business owners in the UK and around the world. Not in a good way. This is a crisis that's under reported, not widely discussed and very little financial support. However, it's something that...
Know your numbers. Numbers are everywhere, and for the most part we just ignore them. As a result unless we're forced to pay attention to them when it comes time to do our taxes or budget for the month, numbers don’t seem interesting. Except they are if you become...
As a business owner, you're always looking for ways to improve your operations and grow your company. One tool that can help you do this is the Balanced Scorecard. This approach can help you track your progress and ensure that all areas of your business are performing...
How to Write a Financial Plan for Your Business is this weeks topic. Are you a business owner who is looking to create a Financial Plan for your company? If so, you're in luck! In this video I will be teaching you how to write a business financial plan that is both...
Wondering how The financial power of product grouping gets you more financial understanding in your business? By looking at your business in terms of product groups, you can gain powerful insights into where your money is coming from and where it’s going. This...
There are Five key numbers for pricing for profit Pricing for profit Wondering how to price your products or services so you can make a profit? You're not alone. Figuring out the right price is one of the biggest challenges business owners face. That's why it's...
BREATHING leads to business success. Do you want to know what it takes to be successful in your business? If so, then I've got something for you. In this video, I'm going to outline the ingredients that will help you achieve success in your own business. It's a blend...
Have you ever wondered how to spot and fix overtrading? If so, then this video is for you. Over the next few minutes, I'm going to show you how to spot and fix overtrading in your business. So, let's get started! Are you looking to grow your business? If so, then it's...
Financial Statements explained is this weeks video, understanding them is a big deal. Above all the financial statements form the bedrock of any company. Therefore understanding them and how they work gives you insight and clarity. In this video I'll talk you through...
Pricing using Target Costing is this weeks video-blog theme. Costs are reduced by as much as 25% to 30% under target costing, compared to traditional cost plus pricing. Above all your focus is on understanding and knowing your market conditions from day one. This...
Do you want to know how to Make your cashflow forecast with Microsoft Excel? Making your own cashflow forecast is easy with Microsoft Excel. You can use it for any business, big or small. It’s the world's leading spreadsheet and has been around since 1985. If you're...
Do you want to know How to build your cashflow forecast? You might be thinking, "I don't need one of those. I'm not going out of business!" But if you're like most people, your business is constantly changing and growing. And when it does change or grow, that's the...
Why cash is important for your business is this week's topic. In previous videos I've looked at turnover and profitability, but this time cash is in the spotlight. I will look at Why cash it is the key financial number in your business. What cash is Why cash is...
Profit should be one of your main business goals, but What is profit in business, and why is it so important? Making profits should be one of your key financial and business goals. Profit is used to build sustainability, monitor, manage, and measure your performance....
My question to answer today is What turnover means in business. It doesn’t help you that there are different terms for turnover, for example revenue, sales, and takings. In this short blog-vlog I will Tell you what turnover is How to calculate it Why turnover is...
In this short vlog-blog I am going to share Five tips on how to manage your cashflow, Why your business needs cash Firstly what is cash? In other words what gets paid into your bank account, it’s factual, and is the lifeblood of your business. Secondly, why do we...
Do you know What is the difference between cash and profit ? The majority of the time, people think that businesses only need to be profitable for them to last. But even the most profitable businesses go under, and often for a single reason. It’s because the people...
Do you want to know How to change your attitude towards money in your business? It's natural to be thinking about money, talking about money, and planning what you're going to do when you make money. But let me ask you a question! How often do you look at your...
You are here because you want to know Should you pay off your Bounce Back Loan . Many of you would have already received some notices from your bank advising you that your Bounce Back Loans are coming up for repayment. A key question is should you pay them back now?...