It sounds as though it’s a nice problem to have but many small businesses fail at this stage Overtrading – lack of cash to cover your higher costs while you…
How to spoil your clients
I often write and speak about how important it is to move along clients who aren’t suitable for your business. But today I want to speak about how you can…
What does it mean to be a professional?
You may not know that I belong to two professional bodies. I’m a Fellow of the ICAEW (Institute of Chartered Accountants in England and Wales) and also a member of…
Collaboration for the win
A while ago our local post master observed my kids spending their pocket money and reported back to me. Apparently they figured out that if they pooled their money they…
Is it your husband’s business?
When I set up my first business in 2009, I lost track of the number of times that I was asked whether it was my husband’s business or mine! Initially…
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.…
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…
Don’t reinvent the wheel
Over the years we have built up a collection of helpsheets and explanatory videos. This is because I am lazy (although I prefer to think of it as efficient) and…
Why it may be best to stay small
Small is beautiful. It’s also less hassle and much more agile. As the sole director of my business I can hold my board meetings in the shower and, if I…
More than one tool in your toolbox
When it comes to improving your business you need to have more than one tool in your toolbox. Although we often start with getting the pricing right we also…