Business

How to improve profitability without cutting costs

1.Increase average order value – cross sell to existing clients. What else do you offer that they could use? (This could be the case for business advice sessions or our monthly Minerva Momentum…

Business

How do you know when it’s time to hire your first manager?

You’ll probably hire your first manager when your team reaches 5-8 people. It’s at this level that communication starts to breakdown with too many direct communication lines and you may…

Business

The THREE numbers to transform your business

It’s too easy to have KPI overload. Even accountants can lose focus with too many numbers so it helps to have just THREE numbers to monitor that will help to transform your…

Business

Why every small business needs business advice

Times are tough at the moment and small business owners don’t know where to turn. Those who are fortunate to have an accountant who already provides business advice have a…

Accountancy

The 3 Stages of Scaling an Accountancy or Service Business

Stage 1: Owneroperator. On starting up it’s just you and you may choose to bootstrap and spend your time instead of your cash so that you end up working long…

Accountancy

How to prepare for a stress-free year end

The best time to prepare for a stress-free year end is nearly a year ago. Trite but true.   But we are where we are so what can you do now?  Make sure…

Business

Why most businesses plateau and how to break through

1.There is a limit to how much one person can handle, both in terms of practical work and mental load. Even if you are prepared to work an 80 hour week! If you want…

Business

What’s your UX like?

User experience (UX) can make or break your business.   I woke up at silly o’clock this morning dreaming about the poor UX in a particular bit of our accounting software. Every time…

Business

Would you give up your business and go back to employment?

Every business owner has probably considered this at some point, and you may even think about it on a regular basis.  Comfortable, regular income, regular hours (even if you do end up working more than your…

Business

Compliance alone won’t grow your business

Good compliance is essential. It keeps you legal. But it is always looking backwards and does little to help a business to grow. Many accountants only do once a year…