Getting paid on time – it’s one of the biggest drags on the business community and it hits the smaller business particularly hard.
But there are things you can do, it’s time to hit back.
Remember – your company is NOT a source of alternative finance for your customers!
The collection side of credit control is difficult enough so identifying bad payer problems before you have even made a sale can save you time and money.
Drafting the annual accounts while last year’s performance is still in everyone’s mind is easier than leaving it for several months and coming back to the task when the business has moved on.
QuickBooks and Xero lead the UK in cloud accounting. But is there a winner?
Ask yourself how much your bottom line will improve or decline by if you raise or lower your gross profit margin by just 1%. Still can’t afford a Gross Profit Officer?
Knowing your costs and your gross profit is essential but many businesses destroy value simply by selling in to the wrong market, or by positioning their products / services in the wrong place.
Your tax return is not going to go away, but a well-organised approach to getting it done and filed will make the whole process much easier and give you clarity over how much tax to pay and when.
We start by finding out what your business does, how you run it and what your metrics are that define success. Then we tailor your QuickBooks training so it supports your business model.
It’s great to grow sales, increase in size and be busy but do you know where your profit is coming from and where it’s not?
We looked at how costs and processes get embedded in a business and stay there, like fossils, for years and years, eating up cash, when they don’t need to be there at all!
