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 | Oct 12, 2020 | Home page latest blog
What should a business owner do to make sure he has the best possible information at his fingertips? How do you start putting this accounting knowledge into practice? We’ve already discussed how to identify the key transactions of the business. Also, how to record the...
by Jim | Dec 20, 2016 | Home page latest blog
One of the questions that I get asked most often by business owners is how to decide between one or more options – when faced with path A or B, how do you know which fork to choose and what the potential outcome may be? These sorts of question arise for businesses of...
by Jim | Nov 25, 2016 | Managing
What should a business owner do to make sure he or she has the best possible information at his/her fingertips? We’ve already discussed how to identify the key transactions of the business and also how to record the information that’s important to your business and...
by Jim | Nov 18, 2016 | Managing
Understanding the nuts and bolts of your accounting really does give you an advantage as a business owner. As we outlined in our last blog post, breaking down your transactions into inputs and outputs (and thinking like a process-driven engineer) is the first step in...
