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.…
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A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.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…
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…
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…
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…
Do you know your break even point?
Do you know how many units (and the mix of units) that you need to sell in order to cover your costs and break even? This is an important figure…
Know your client
Lots of client meetings this week. Yes, we need to know our clients for AML but chatting to them usually results in extra work. Sometimes it’s a quick query that…
Would you buy a discounted parachute?
It’s a question that Brad Burton asked which got me thinking. (So I hope it will get you thinking too) Why do we assume that we need to be cheap…
Your business, your goals
When I talk to accountants about how to have a ‘better’ tax return season my assumption is that they want to avoid having to do all the work in a…