If my business is making a profit, where’s the cash?
Some small business owners find themselves in the difficult position of running a business that appears to be profitable, but still having no money in the bank. It’s an important situation to address. After all, a lack of adequate cash flow is one of the main causes of small business failure. Here are three reasons […]
7 Ways to Trim Your Overhead Costs
Every small business owner knows how challenging it is to cut down expenses without somehow compromising quality. Regardless of the nature of your business, the first step to reducing your overhead costs is to take the time to go through every single expense you have. Next, assess which ones are necessary for your business to […]
What Do You Want?
I remember very clearly the first time I was asked what I wanted to achieve in my business life. Having qualified as an accountant, and leaving practice shortly after, I was enjoying working in industry. At the time I was working as a Financial Accountant for a private rail freight operator, one which had been […]
The Very Real Cost of DIY R&D Claims
If I’ve caught your eye with this, I’m going to guess you’re either the business owner, or you’re the lucky person tasked to compile your R&D Tax claim; FD perhaps? Thought so. You lucky devil. No doubt you’re already experiencing the very real cost of doing R&D yourself….the lack of time, and additional responsibility. Ever […]
5 Xero Mistakes Business Owners Make and How To Avoid Them
If you’ve just started working with Xero, it is normal to make a few mistakes while you’re learning. We see mistakes that are quite common – and unfortunately costly – so you should be aware of them if you want to get the most out of Xero’s powerful cloud accounting system. 1. Not connecting all […]
10 more quick growth tips for small business owners
As we start to emerge from lockdown and businesses look to restart and some cases start, we’ve provided a number of quick tips to help grow your business through collaboration, expansion, improved marketing. 1. Improve your customer service Businesses with good customer service retain consumers and attract new business through word-of-mouth. Even if you think […]
Share, Collaborate and Learn
I’m back in the office today after two incredible days spent attending The Gap workshops in London and sharing the experience with 50+ like-minded accountants on a similar journey to me and wanting to help their clients in a similar way. I also had the opportunity to speak on day 2 and share with everyone what I’m doing […]
We don’t do advisory
Are the labels we give to accountants stopping businesses from reaching their true potential? What’s the difference between an accountant who provides compliance services, advisory services or tailored advice to help you grown your business and get to where you want to be. Mark Telford explains why ‘we don’t do advisory’. I sigh when I […]
Rudi Jansen Podcast with Mark Telford
As an accountant, there’s a work/life balance that’s absolutely perfect for you. But have you found it yet? LISTEN NOW Spending too many hours chasing the next client? Sacrificing home life and time on the things you love? Are your relationships suffering? Mark Telford talks to Rudi Jansen about finding clarity (and happiness) in […]
Three Ways an Accountant Can Save You Money
Many small business owners think they’re saving money by handling their financials themselves. While it’s a real asset to learn bookkeeping basics, cash flow management and your tax obligations, hiring an accountant to oversee your finances has many benefits. Leaving your books to a pro will free up time so you can focus on serving […]