Latest News & Updates
Understanding Responsibility Centre KPIs
KPIs for Each Responsibility Centre increases the power of Responsibility Accounting. Numbers are our best business friend, moreover, KPIs are our best buddies. Managing a business comes with many responsibilities, including Firstly, preparing...
Responsibility Accounting Demystified
Responsibility Accounting Demystified: A Straightforward Guide to Success Responsibility accounting holds the key to better financial performance. It improves accountability and streamlines decision-making. Discover the essentials of responsibility accounting and how...
What Is Responsibility Accounting?
Responsibility Accounting: A Comprehensive Guide Responsibility Accounting is a powerful management tool. It holds decision-makers accountable for financial outcomes. This article takes a further look in an easy to understand way. Let's dive into what...
Understanding your business capacity
Business capacity is the maximum amount of work a business can handle within a given period of time. This measure helps businesses understand their limitations and plan accordingly. For example, a bakery has a limited capacity for producing baked goods. ...
Understanding UK directors National Insurance
If you have a UK company , then you need to understand directors National Insurance. In this vlog I am going to explain Firstly, why UK directors are treated differently for National insurance Secondly, what National Insurance directors pay Lastly, the two methods of...
Understanding National Insurance for Directors
UK company directors are treated differently from other employees when it comes to National Insurance. This is because they are considered to be self-employed, even if they only work for one company. As a result, they have to pay National Insurance on...
Understanding business capacity
Business capacity refers to the amount of work that a business can handle within a given period of time. It's important for businesses to understand their capacity in order to plan and deliver their services or products effectively. For service-based businesses, for...
Managing Rapid Business Growth
Managing Rapid Business Growth goes hand in hand with generating that growth, Rapid business growth may seem like a dream come true, but it can also lead to unexpected challenges. In this weeks video I look at the potential pitfalls of growing too fast, the symptoms...
Coping with rapid business growth
How to avoid the dangers of rapid growth, my topic for this week's I Hate Numbers podcast. Growth is what all businesses think of. However, rapid growth and poorly managed expansion leads to challenges and headaches. In today's fast-paced and competitive...
Ways to achieve business success
Achieving business success is challenging journey, here I will show you Ways to achieve business success. With the right mindset and approach, you can turn your dreams into reality. Here are some tips on ways to achieve business success. Self-belief Self-belief is...
Tips on how to achieve business success
Welcome to the latest episode of "I Hate Numbers," where we explore the strategies and Tips for achieving business success. In this episode, we discuss the importance of self-belief, a positive mindset, surrounding yourself with positive, strong,...
How to get business growth
How to get business growth is the theme of this weeks vlog. See below, or sit back, grab some pop corn and watch the video to find out more. Talent needs application Having a talented team is essential for growing your business. But talent alone is not enough. You...
Tips to achive business growth
Is Achieving business growth on your agenda? Are you ready to take your business to the next level? Growing a business is no easy feat, but with hard work and dedication, you can make it happen. Here are some tips to help you succeed: Hard...
National Insurance and the State Pension
When it comes to planning for retirement, understanding how the UK State Pension works and how to get the maximum amount is crucial. In this blog post, we will discuss everything you need to know about the UK State Pension, including how it works, how to get the...
What role National Insurance plays in your state pension
Understanding the Role of National Insurance in Your UK State Pension is key to making informed decisions about your financial future. National Insurance is used to calculate your State Pension and affects how much you receive. Getting the full...
How to Reduce Procrastination in Business
Procrastination is the bane of many businesses, causing missed deadlines, unfinished projects, and wasted time. However, procrastination isn't always bad. Sometimes, it can be a sign that you need to take a break and recharge your batteries. In this article, we'll...
Help your business beat procrastination
Beating procrastination is a common theme in business. Procrastination is a common problem that affects many businesses, but it doesn't have to be a bad thing. In this week's podcast, I look at Firstly, what procrastination is Secondly why it happens...
Business turnover
Business turnover, also known as revenue or sales, refers to the financial value of goods and services sold. This weeks video looks at Firstly, what sales turnover is Secondly, how it's measured Thirdly, its strengths Lastly, why it is a vanity metric for financial...
Business turnover is key for business owners
Sales turnover, or simply turnover is misunderstood, with differing opinions on its usefulness in measuring financial success. Turnover is more than a vanity metric, it provides valuable insight into the performance and health of a company. When looking...
Investigating variances
Investigating variances, moreover, when to do so is an important part of any business. A variance is the difference between a budgeted figure and an actual figure. It can happen in almost any area of a business—sales, costs, profit margins, etc. There are five key...
When to investigate variances – managing by exception
When should you investigate variances is a massive part of financial management. it's also this week's I Hate Numbers podcast episode. If you're thinking, what's a variance, well that's the difference between where you expected to be financially...
Financial Controls – Five Steps
Financial control is vital for all types of business, from the smallest to the largest. Fundamentally controls are there to help you reach your business Northern star, your business goals. Effective financial control systems can ensure that your business operates...
Using effective Financial Controls in business
Gaining Financial Controls for your business can be difficult and often rather daunting. Moreover, having the right approach and finance controls in place is essential to keep ahead of any financial issues that may arise. This week’s podcast looks at...
How to achieve your business targets
How to achieve your business targets is one of the most important goals you have set for yourself. Many of us understand the basics of setting up and running a successful business, however knowing how to reach our desired outcome can be quite tricky! The good news is...