Financial Business Improvement Tips We, your certified chartered accountant, offer a few suggestions on where you might take action to improve the operations of your business plus a couple of ideas on improving your business work/life balance. Get Started on What You Think Could Change for the Better Here are a few accounting “thought starters” relating…
Accounting Tips For Managing Your Business We, your certified chartered accountant, have a few suggestions to improve business success. We look at discounts, current assets (“cash”) and talk about due diligence for those thinking about buying or selling a business. Accounting Tips Sales discounts and discount reserves: Does your business regularly offer sales or cash discounts…
Accounting – Do You Have the Whole Picture? In this article your certified chartered accountant considers the health of your business, via the main accounting indicators. View from the dashboard: Do you have the whole picture? We have so much information literally at our fingertips these days. As individuals, our days and nights are punctuated with the…
Turn on the charm These days we are forever hearing about leadership. It’s the in word in many quarters. Yet, as your certified chartered accountant, to my mind it’s only part of the equation in creating effective teams. You need attitude – the right attitude of course. Here I’m talking about charisma – about turning on the charm.…
Profit – the Nuts and Bolts When you look at your accounts or financial statements, can you read your profitability? Here are some things your certified chartered accountant suggests you look for: Gross Profit Gross Profit = Net Sales – Cost of Goods Sold On your Profit and Loss Statement, gross profit is the difference between revenue…
Great Team: Great Business That age old saying, ‘family first’, can also be true in the workplace. Your employees, your team, are much like a family unit, and without them you don’t really have a business. It may sound clichéd, but employees are much like the cogs of a wheel, each performing individual tasks to…
How well do you know your breakeven point? A breakeven point tells you what dollar value in sales is needed to cover costs. It’s a tool for thinking about sales, costs and pricing. The Concept Of A Breakeven Point You may have heard of the concept of breaking even and wondered what it was and…
How To Effectively Respond To Customer Complaints Dealing with client complaints. There’s nothing more damaging to a business’s reputation than one that mishandles a customer’s complaint. We, your certified chartered accountant, also draw your attention to the pros and cons of Cash and Accrual accounting methods. The topic may seem dry, but it is important that you understand…
The Art of Delighting Your Clients A couple of items for your consideration. First up relates to that all important concept of delighting clients and of how you might go about turning the concept into reality. Next up, which shouldn’t be a surprise, is an accounting item, from your certified chartered accountant. This time on monitoring your Profit and…
Productivity Boosters! – Creative Office Space Where we choose to work from ends up being the one spot we spend most of our time. Take some advice from your small business accountant and make your workplace comfortable and enjoyable? Boost Productivity It’s no news that being inspired is motivating, and that this in turn boosts productivity. A…