We have many blogs about financial information and how it is the foundation for improved profitability and cashflow. Here's a selection all rounded up and in one place for you.
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!
Our QuickBooks Online training sessions use your live data to get you where you want to be with QuickBooks. Your business is the classroom!
The technology doesn't change the essentials and there is a real danger that businesses can get so caught up in the "how", the graphs and the apps that they forget the real point of why they want the numbers in the first place.
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.
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.
Cloud accounting software is often sold as being everything you need, easy to use, do it yourself etc. Well so is a Delia Smith cookery book - and you really don't want to see my attempt at a soufflé!
Increasing your profit margins results in higher profits and improved cashflow. It's so beneficial and simple to put in to practice - start making your changes today
This company has annual sales in the millions of pounds and it reminded me that there are many businesses in the UK of all shapes and sizes that do not have adequate financial information.