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.…

Business

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…

Accountancy

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.…

Accountancy

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A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.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…

Accountancy

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…

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

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…

Accountancy

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…

Accountancy

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…

Accountancy

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…