Pricing is often difficult when you first start your business, and you may well have based your initial prices on what your competitors charge. But you soon learn where you…
How was your holiday?
Hope fully you managed some time off (or have a break lined up) from your business without too much hassle. When I ran Hudson Business Accountants and Advisers, I remember…
Are you goal oriented or process oriented?
Do you get excited by the end goal or do you take the time to enjoy the journey Although I like to have a Big Hairy Audacious Goal, I actually…
World Entrepreneurs’ Day
I’m writing this on World Entrepreneurs’ Day and, although you’ll be reading it a little later, it’s definitely something worth celebrating. So put something fizzy in the fridge because we’re…
How to automate your business processes
Start by identifying the most repetitive tasks, or the repetitive steps of larger tasks. For us that is the accounts production, bookkeeping, onboarding new clients, and chasing client records. Choose…
How to avoid burnout
We seem to live in a real hustle culture where working longer hours is seen as a good thing. As you know I’m a great believer in using technology or…
How much cash should I keep in my business?
Another question to which the accountants answer is … it depends. It depends on your cashflow forecast and the likelihood of all the money coming in on time. Next week…
Making cash collection part of your customer service
Most small business owners hate chasing customers for payment. (The only exception I know is a client who used to send witty poems to late payers) This means that it…
Do you really believe your CSR?
Happy new year! Sustainability. Do you do anything about it or just talk about it? Current breakfast view is offices that have their lights on 24/7 (even over the Christmas…
Are you running a profitable business?
Are you sure? What if you had to replace your own time with a suitable qualified/experienced alternate salary? Would you still be making a profit then?Whilst I’d like to think…