Business

Social media

This week I have been up in Scotland speaking about social media and how small businesses can use it to punch above their weight. It’s also a great way for…

Business

Money, money, money

Most small businesses fail because they run out of cash. It caught out a lot of people who couldn’t cope while they waited for covid funding came through. Hopefully we’ll…

Accountancy

Bring it on

2022 is here and, one week in, I’m still hanging on to my business plan. What helps is that I have a list of specific actions for all 12 of…

Accountancy

Communication overload – how accessible should you be?

This is the busiest time of year for accountants and we’re often overwhelmed by contact from clients (in addition to the clients who never respond to any of our chasing…

Business

Even Baldrick had a plan

As we go into a new year, do you know what you’re planning for your business? When you plan a holiday, you have a destination e.g., Spain or Scotland or…

Accountancy

What’s in the tin?

When I was a kid my Mum had a special money box with separate slots and compartments to save for each bill. It’s how she taught us about budgeting. These…

Business

Do some people work faster than others?

We’ve all observed that some people work faster than others but by how much? The numbers I’ve heard (sorry I can’t find the source) are that the variation in manual…

Business

How much should I save?

How much cash should you leave in your business and how much should you take out? The generally accepted wisdom is three months worth of costs. I don’t know the…

Accountancy

What’s so special about 30 days?

What are your payment terms? Do you even have stated payment terms? Most businesses seem to opt for 30 days from the end of the month of invoice which means…

Business

How do you want to spend your day?

When I first set up my business I had a vision of how I wanted to spend my days and you probably did too. I wrote mine down but you…