Business

How I manage to run three businesses (and still sleep 8 hours a night!)

People often ask me how I manage to run three businesses. It started 15 years ago when I set up Hudson Business Accountants and Advisers to fit around my small…

Accountancy

We don’t take just anyone

It’s not that we don’t like you. Far from it. We like to serve people where we can provide the most value. At Hudson Business Advice we only choose clients…

Accountancy

Get your own house in order first

This week I received one of those spammy emails offering me accounts and tax services. As if the lack of research wasn’t bad enough the so-called accountant was nearly struck…

Accountancy

An unlimited market?

In accountancy there seem to be far more businesses than good accountants and it is possible to take on unlimited clients (assuming you had the resources). So why wouldn’t you?…

Accountancy

Courtesy calls, love them or hate them?

Personally, I hate them. The caller doesn’t know what I’m doing. In a business that often requires intense thinking that means that the phone usually interrupts my train of thought.…

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

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

How to buy yourself more time

Having taken over a small practice I have been able to see the time saved by good practice management software. We use Accountancy Manager but any decent practice management software…

Accountancy

5 minutes a day keeps the accountant at bay

I’m starting an initiative for business owners to do their bookkeeping in FIVE MINUTES PER DAY rather than leaving it all to the end of the year. If you’re on…

Accountancy

Why is the tax year end 5 April?

This is such an odd date and so here is the story dating back to 1582. Prior to this time the tax year started on Lady Day, 25 March. Rents…