May 4, 2020 | Accountancy, Bookkeeping and Payroll, Budgeting, Business performance, Management Accounting, Marketing, Tax, Tax Advice
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...
Mar 8, 2020 | Business performance, Business Success
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...
Dec 30, 2019 | Business performance, Money
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...
Oct 13, 2019 | Budgeting, Business performance, Business Start Up Growth, Business Success, Money
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...