Employee training and data handling guidelines are ‘must haves’ for organisations processing personal and Special categories of data e.g. - Medical data/ child data.
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?
Today’s fact. The ICO reported that there was a 31% increase in the number of Cyber security incidents reported in Jan – Mar 2018 compared to previous year. => Make sure your internet security is up to date!
Our view is simple - start using good accounting software as soon as you can and check that your existing software is compatible with MTD for VAT
Cloud accounting software is incredibly powerful, helpful and, once you know how, easy to use. The key point is - "once you know how".
The ideal progression is for the part-time FD to make most of the job redundant by training other people to do it and ensuring that things which are fixed stay fixed.
Look at your competitors and see what fronts they are fighting on (or not) and look beyond your own market for ideas about how to position your business so it stands out from the crowd.
Your main bank account will certainly look to be short of money. But that's partly the point! The second very powerful benefit coming from the exercise is that your main bank account should have a lower balance and this should act as a trigger to do something about it.
Profitability, productivity and pricing - the three Ps are key ingredients to improving your bottom line. We can help your business understand them, change them and increase profits as a result.
All of the cloud accounting software services go out of their way to make it look easy to use but it's accounting software, it contains things like VAT which you may not be an expert in.