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37 articles in Business
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Businesses should have a separate bank account for their business transactions as it will make preparing their accounts so much easier. Trying to extract business income and costs from a personal account takes a lot more time and if you needed to prove any business transactions when applying for a loan, for example, they would have access to your personal spending habits too.…
Being a business owner comes with a variety of challenges.  The list of jobs to do is never ending even if you do outsource some of them. There are still many things which you just know you have to do yourself. Sometimes being a business owner can feel like being on a treadmill endlessly moving from task to task without actually moving on.  …
In my blog last week I wrote about the varied reasons why clients leave. This week I thought I would consider why they choose to stay with us and on reflection I think it is probably for similar reasons to those that I have for staying with the individuals and companies who support our business:…
I have been a bookkeeper for quite a few years now and it is always sad when you have to say goodbye to a client.  As a bookkeeper I am trusted with confidential financial information and often become the first port of call for running through new ideas or sharing business issues.  Every business owner goes through ups and downs with their business…
Business owners can’t do it all as much as they would like to.  There just isn’t enough time once your business is growing. Eventually you will feel swamped with paper and to do lists.  Everyone has different skills and at the top of your task list will be the things you like to do and the things which are income generating and at the bottom are the things which you will get round to when you need to.  Eventually there comes a time when those things at the bottom of the list have to be done and you either work more hours, you outsource or you employ someone.…
Having recently carried out "formal" reviews with each of my team I know, for me, it is very valuable. Employee reviews are new to me.  I never had a review in all the years I was an employee so when it was suggested I carry out regular reviews with each of my employees I had no idea where to start.  So I have based my employee reviews on what I think I would have liked had I had one!…
Over the Christmas and New Year break we all have time to take a breather and think about our lives and our jobs and nearly everyone will make some sort of New Year's resolution. Many of those resolutions will be about working for yourself, starting a business and getting a better work/life balance.…
How do you classify a good customer for your business? Every business will have analyse a good customer differently. In retail a good customer will probably be one who returns time and time again because of what you sell, your prices, your customer service or just because they love your shop.…
If you are treating your employees to a Christmas party, Christmas lunch or dinner, or giving them a gift to show your appreciation you should be aware of how HMRC views the costs of your generosity.…
How would your business manage if you were suddenly out of action for a period of time? Have you thought what might happen to your business, your customers, your suppliers and your staff? A friend of mine has been taken seriously ill and is unable to think about, let alone do, any of the financial tasks that are part of running her business and it made me think what would happen to my business if this had happened to me. And then I wondered how many other business owners would be prepared for this type of situation. What things would suffer in your business if you were not available to do them?…
37 articles in Business
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Unit 21 Portway Business Centre
Old Sarum, Salisbury
Salisbury
Wiltshire
SP4 6QX

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