Setting KPIs for your business: 6 tips

KPI blog

KPIs (Key Performance Indicators) are metrics that tell you if what you’re doing is working or not. As you can imagine, this makes them incredibly important for productivity and business growth. How do you know that you’re on the right track to achieving your goals if you don’t measure progress? How do you know that … Read more

Accounts receivable vs accounts payable: what’s the difference?

You can only manage your finances effectively if you know certain numbers and, as we all know, credit control leads to consistent cash flow which is vital for business success. To help you manage your financial processes more effectively, here are two numbers that you need to know: accounts receivable and accounts payable. What are … Read more

7 Ways an Accountant Can Save You Money

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In today’s competitive business world, it is not uncommon for people to do their own bookkeeping and accounting. There are many reasons why this is done – the most common being that you can save money doing so. Of course, saving a couple of hundred pounds is an enticing prospect, but there are actually many … Read more

10 tactics to make sure your invoices get paid.

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Wouldn’t life be simple if you could guarantee that your invoice would get paid on time every time? Sadly, this isn’t always the reality. With the economy coming out of recession, there is a very clear and present danger that your business invoices may not get paid in a timely fashion. Here are our best … Read more

What is a Confirmation Statement?

Have you heard your accountant talking about your confirmation statement and been puzzled by what it is? Are you wondering about who needs to file one, when, or how? Wonder no more! We have all the answers for you. Read on below… What is a confirmation statement? A confirmation statement is a yearly statement that … Read more

How to recover your accounts receivables

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How to Recover Your Accounts Receivables After Covid-19 The pandemic has not been kind to business. Many companies have struggled with poor cash flow, defaulting on payments and many have even gone bankrupt. Even now, businesses still struggle, so, understandably, that the financial situation of most businesses in the world is bleak. With that being … Read more

How to build your business (not your workload)

how to build your business

If you want to build your business (not your workload) and you want to spend time on doing the things that will actually grow your business, you need to stop being a ‘busy fool.’ This means no more firefighting through the days and spending most of your time doing things that don’t contribute to your … Read more

How to handle a client enquiry: the 4 step-guide

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How you handle a client enquiry can determine whether that prospect converts into a lead or whether they go elsewhere. It’s true, we all remember first impressions. To help you make the best first impression that you can, here is a solid sales process that you should follow. Step 1: get their contact details Your … Read more

How to have more gravitas as a leader or manager

how to have more gravitas as a leader

“Gravitas” was one of the ancient Roman virtues that denoted “seriousness,” but nowadays it’s a quality that also extends to self-confidence and a strong presence. You know the types of people. The ones who talk the talk, who seem to command attention when they walk into a room, who, when they talk, people can’t help … Read more

Do new small businesses need an accountant?

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According to business start-up statistics in the UK, 20% of businesses fail in their first year and around 60% will go bust within their first three years. Approximately 660,000 new start-ups register in the UK every year according to The Telegraph, so what are the reasons for such a high failure rate? While there are … Read more