Accountancy

10 questions business owners should ask their accountant

What was my turnover this month? How does it compare to previous months/years/budget? What are my main sources of income and how can I grow them? What is my gross…

Accountancy

A good bookkeeper is worth their weight in gold!

I’ve said it so many times that I think ICB (Institute of Certified Bookkeepers) made me a Champion a few years ago to try and shut me up. The line…

Accountancy

Are you increasing your prices?

It’s annual price increase time here at Minerva Accountants. We usually increase prices each year by around inflation however, this year, we have suffered a disproportionate increase in software costs.…

Accountancy

90 day planning

A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.  I sympathise.   Although I do…

Accountancy

HMRC do not make the law

HMRC do not make the law, they interpret it in the same way that accountants and tax advisers do. If we can’t agree on the interpretation then the courts will…

Accountancy

ICB awards

Last month I was invited to the ICB (Institute of Certified Bookkeepers) awards, also known as the Lucas after the inventor of the double entry system, Luca Pacioli. I love…

Accountancy

Becoming a proactive accountant

Many accountants promote themselves as being proactive but what does that mean?  To me it entails regular conversations with our clients to ensure that they are getting the best out…

Accountancy

Success is not a solo sport

I like to think that I work hard but nothing that I have achieved has ever been done alone. Both Hudson Accountants and now Minerva Accountants owe a lot to…

Accountancy

Xero in your hand

As accountants we’re usually sat in front of a computer and use Xero that way. But as a business owner I’m out and about working from all sorts of places…

Accountancy

Is remote working right for you?

Gone are the days of everybody in the office. Since covid most businesses operate some sort of hybrid system but I’ve been working remotely since 2017 and, although my old…