Latest News & Updates
Budgets are your business financial story
Budgets are your business financial story. Budgets convert your business story and action plan into financial terms. Check out my previous podcast which talks about why your business plan is a smart way to map out your future story. Budgets is this weeks episode of...
Working from home
Nearly half of the UK workforce are now working from home, and for many, it’s a new experience. Far from being an opportunity to relax in front of the television and send a few emails, it actually brings its own challenges. The ongoing coronavirus pandemic and social...
Planning your business journey
“If you fail to plan, you are planning to fail” - Benjamin Franklin. That saying applies perfectly to business planning, or as I like to see it, planning your business journey. In this episode of ‘I Hate Numbers’ I am going to be talking about Planning your Business...
Businesses & Covid-19
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...
Migration to cloud accounting
In this podcast I talk about the steps required in regards to migration to cloud accounting. Last week’s episode talked about how cloud accounting connects you more easily to your numbers. Likewise helping navigate your business present and future with ease. “There is...
Your business numbers
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...
Recording and capturing your numbers
Recording and capturing your numbers is a must do if you want to take your business seriously. Last week’s podcast looked at the how bookkeeping gives life to your financial and business activities – and helps you make money. In this episode of ‘I Hate Numbers’ I am...
Coronavirus furlough grant claim
The first Coronavirus furlough grant claim portal went live on Monday 20 April 2020. What does that mean for your business. Well, it means that if you have furloughed staff, you can claim that much needed grant money. We have submitted Furlough claims for all our...
Bookkeeping: Your business words
Today’s episode of I Hate Numbers is about Bookkeeping: Your business words. Travel back to Ancient Mesopotamia, Babylon, Assyria & Sumeria and you will see they have got their bookkeeping & accounting sorted. Documents from ancient Mesopotamia show lists of...
Coronavirus employer grant claim
The first Coronavirus employer grant claim portal went live on Monday 20 April 2020. This has been updated as of 31-Oct-2020 to reflect the fact that the November 2020 Furlough scheme will be in line with this. We've updated this article to reflect the new scheme. ...
Break-even
Welcome to today’s episode of I Hate Numbers where we talk about break-even. Making profits is what your business should aim to do. The financial milestone before that is for you to break even. Knowing your break even gives you better business insights, greater...
Your business cash story
Firstly, your business cash story is a big deal. Secondly, it’s a big deal for business continuity, survival, and growth. This requires cash. Profits are what it’s ultimately about, but cash makes sure you get to do it. Sales are vanity, profits are sanity, cash is...
Knowing your costs makes you money
Welcome to today’s episode of I Hate Numbers. Knowing your costs makes you money, a statement of the obvious perhaps. Certainly with statements of the obvious we sometimes forget business basics. In this podcast episode I am going to take a real cool way to look at...
Calm amid the business storm
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...
The importance of profit
Welcome to another weekly episode of ‘I Hate Numbers’ where we look at The importance of profit, as well as what it is. The 'I Hate Numbers' podcast wants you to get acquainted with your best business friend. The friend that won’t lie to you, the friend that you...
Furloughing and Covid 19 money
This article on Furloughing and COVID 19 money was updated on 31-Oct-2020. Most importantly, furloughing is there to help those employers maintain a workforce. So, let's kick off with the meaning of furlough. A furlough is a temporary leave of employees due to...
Creating your cash future
Creating your cash future, the theme of today’s episode of I Hate Numbers. Firstly when you are in the eye of a financial storm what’s the one major thing that’s going to get your business through it? That one thing, that protection, comfort blanket, and financial...
Covid 19 financial support update
Covid 19 financial support update, above all it's vital to know if you run a business, whatever shape or form that is. Most importantly, look at your numbers. Certainly numbers are your business best friend; they won’t lie to you. Do your cash flow first, this will...
The language of accounting
Welcome to today’s episode of I Hate Numbers, talking about The language of accounting. Today we’re going to have a peek at some of the language that Accounts, and Finance people use. It can be an alien language if you are a stranger in the Number’s world. I am...
COVID 19 – Business cash flow
You may have escaped hearing about COVID 19, and the affect on individuals and business – if you were living on Mars. In this blog we look at COVID 19 - Business cash flow. What is clear cut is that your businesses, are in the eye of a financial shit storm. It...
Gross Profit and Net Profit
Gross and Net Profit In our last blog we looked at profit and saw that it is more Important than Sales. This week we will go one step further and look at two types of profit, Gross profit and Net Profit. These are profits you would typically encounter in your...
Getting paid on time
Most importantly learn how to help your business survive and thrive by understanding your numbers. Above all I really hate not getting paid on time without good reason. This episode is about what you can do to get paid on time. Why is getting paid on time important?...
Profit-important as sales
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...
Keep an eye on your business cash
Learn how to help your business survive and thrive by understanding your numbers, and keep an eye on your business cash. The one thing you really need to keep an eye on is money in the bank. Why is cash so important? Cash is important and you need to Keep an eye on...