Mar 28, 2021 | Accountancy, Business Start Up Growth, Company benefits, Ltd Company, Self employed, Sole Trader
Should you be a sole trader or a company? You might think it is just about the name, but there are many other things to look at when considering whether you Should you be a sole trader or a company?. The choice will impact on many areas of your business, for example...
Mar 7, 2021 | Accountancy, Business planning, Management Accounting, Money, Not For Profit Organisations, Profit
This weeks blog and video continues with pricing, moreover How you should price your products, and how to calculate your product prices . In addition you need to know this when developing pricing strategies for your business. Our video goes through this So, if your...
Feb 28, 2021 | Cashflow and lockdown, Cloud Accounting, Management Accounting
How much you should charge for your services is a very common question. Spoiler alert, no one answer but we are here to help you figure it out for your business. Keeping tracking of your margin vs markup difference is a valuable way to inform how you are pricing...
Feb 21, 2021 | Business planning, Cloud accounting Business growth, Management Accounting, management accounting
In this blog we are going to look at What gross profit means for your business. Your business journey map must have profit as a destination point, . If your destination is set for sales alone, then change your route or abandon your journey, it’ll end in tears...
Feb 8, 2021 | Accountancy, Management Accounting, Services
What is management accounting? Firstly, before we look at why your should use Management Accounting for your Business, let’s understand what it is. Most importantly financial issues impact our working and personal lives. Knowing your numbers is important for...
Feb 1, 2021 | Accountancy, Budgeting, Business Success, Profit
What is profit? There are several important elements that make up your business story, some more important than, some less important than others. However, I think it would be safe to say that ‘profit’ is one of if not the most important element. Without profit where...