Seasonal dips in income can be highly challenging when you’re a small business. But there are proactive ways to predict, plan for and overcome these dips in revenue. The key to dealing with seasonal dips is to know when they’re most likely to occur, and to have measures in place to spread your income and …
One of the common questions I come across with my clients is about paying themselves – how to do it and how much. As expected, where tax is involved there are a number of components to consider when deciding. Let’s start with a company. The simplest way to pay yourself out of a company is …
Unsure about the best way to take money out of your business? Read on….. Read More »
Assuming you already use cloud accounting software (and you’re mad if you don’t!), there are numerous other apps in the eco system that can enhance your business; save you time and free you up to get on with your driving your business forward. No one wants to waste time with data entry or key strokes. …
5 apps that are a great addition to your digital transformation Read More »
What is a balance sheet and what can it tell us? What have you sent there to die? There is a wealth of information in your balance sheet and this short clip looks at unpacking it a little.
Today I delve a little into pivoting and what businesses have been doing in response to the pandemic. It’s been a real driver of transformation – whether in developing new revenue streams or changing the way you operate your business.
One of the best parts of my job is growing my clients’ understanding of their accounts or ‘books’ – as we used to call them in the old days. I was asked recently by a great client if I could spend some time with her and go through a balance sheet and explain to her …
Helping clients overcome their fears of finance and gain control Read More »
Without barely noticing (it feels like!) we have slipped into a new financial year. Focus has, understandably, been elsewhere. However, new financial years usually heralds the adoption of new goals which can be defined by financial budgets or targets. Goal setting gives an organisation or an individual something to work towards and to measure one’s …
Here’s a little snipped on cashflow forecasting and why it’s so important right now
