Accountancy

Motivation is what gets you started. Habit is what keeps you going

It’s a quote by entrepreneur Jim Rohn I encounter far too many instances where people explain that they’re struggling to achieve anything because they’re ‘not feeling motivated’. While we all…

Accountancy

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…

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A lot of businesses don’t bother with a business plan because things change and they’re out of date almost as soon as they are written.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

HMRC do not make the law

HMRC do not make the law, they interpret it in the same way that accountants and tax advisers do. If we can’t agree on the interpretation then the courts will…

Business

New year clear out

You don’t have to wait until the new year to do it (see also Spring cleaning and back to school flurries of activity) but I do like an excuse for…

Accountancy

Hope isn’t a business strategy

I see too many businesses set up full of hope but not much of a plan. We run strategy days for all sorts of business owners, including accountants, where we…

Business

Still reinventing the wheel?

Today I’m borrowing a quote from Mark Twain “There is no such thing as a new idea. It is impossible. We simply take a lot of old ideas and put…

Accountancy

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…

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…