Why a good budget is vital for every business owner

Why a good budget is vital for every business owner

In one of my recent blog posts, I mentioned the need for a business to create an annual budget. One of my readers contacted me, saying “I don’t really know why I’d need a budget if I’m already doing the basic bookkeeping”. So, in this post, I’m going...
Making your accounts work for you.

Making your accounts work for you.

Are your accounts giving you information that helps you manage your business? Most accounts don’t. You should make your accounts work for you. When I go into a new client, one of the first things I do is to review the existing accounts. I am looking to see if they...
Making your accounts work for you.

Are you missing out on the benefits of budgeting

It’s the start of a new year and larger companies will have their budgets done, or almost done. Yet, in most owner-managed businesses there are no budgets or forecasts. Ask them why and they’ll give you all sorts of reasons. They haven’t got time. The current climate...