Some tips on keeping track of your finances
2023 is proving to be a tough year for many businesses so it is important to keep track of your finances on a regular basis. But what should you keep track of …
Matching "Finance" Tag
Management Reports
Management reports inform the business owner of the key numbers for their business. Every business is different and whilst some key numbers are important in every business each business might like to keep track of a different aspect. …
Finance Tips for New Businesses
Businesses are generally started by enthusiastic entrepreneurs who either want to create something which can grow and has value or create a work/life balance for themselves. Whichever it is there are lots of things the business owner needs to be involved with which may not have occurred to them during the excitement of starting a business. As a bookkeeper I know that finance is one of the most important things that a new business owner needs to understand. …
Long or Short Term Goals - which works for you?
As business owners we are all encouraged to set goals in order to achieve what we set out to do. Whether those are 5 year or 10 year goals to achieve a specific personal dream or short term goals to take baby steps towards your long term dream. There are numerous books written by successful business owners sharing …
How often do you review your business costs?
As a business owner how often do you review the costs going out of your business or do you rely on someone else to do that for you? Costs reduce your profit so you really need to understand exactly what running your business and creating your turnover is costing you. These are our tips for checking your costs …
