by Jim | Jun 15, 2022 | How to
Larger companies prepare regular budgets or forecasts. 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 is so uncertain its nearly impossible to...
by Jim | Dec 16, 2016 | Managing
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...
by Jim | Jan 11, 2010 | Managing
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...