All professions have their own jargon and accountants speak a language foreign to most business owners called ‘accountanese’. Just the same as website designers and IT guys speak a language I call ‘ITgeekspeak’. Do you sometimes feel overwhelmed when you leave your accountant’s office thinking, ‘Why can’t they just speak English?’ You have just spent […]
How to choose a good bookkeeper
August 23, 2011 by 1 Comment
In any business, the bookkeeper is the source of all information relating to the business’ performance. So, if you have a bookkeeper who is not allocating expenses correctly or is not accurately keeping track of everything within your business then the information you draw out in terms of your Profit and Loss Statements and other […]
Will Your Customers Pay You?
July 30, 2010 by Leave a Comment
– The failure rate for firms with a negative cash flow is 214% higher than those with a positive cash flow. – More than 80% of business failures are related to cash flow pressures rather than general business performance or poor sales. – Smaller firms (those with up to 20 employees) are more likely to […]
