Financial Business Improvement Tips

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

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…

Profit – the Nuts and Bolts

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

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 To Effectively Respond To Customer Complaints

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…