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The Pricing Conundrum – Where to Set Your Charge-out Rates

High, low or somewhere in the middle? Where to pitch realistic charge-out rates is a common conundrum facing service and professional businesses. In fact it’s probably one of the most difficult tasks....

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How much should you save for retirement?

Would you like to retire early comfortably or slave away at work until you’re 70 or 80? Looking at the careful and slow driving styles of those in that age bracket, can you imagine struggling with the...

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Marketing Mistakes – Expecting Success from Advertising Alone

  There are many businesses that rely on advertising alone to generate new leads and prospective customers. Now for some businesses this might work, but for most, especially SME’s with limited budgets,...

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Key Performance Indicators

Many business owners completely in the dark, with no meaningful business information or management reports available to better manage their businesses. On the other hand, in my role as volunteer...

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Key Business Information – Monthly Management Accounts

It’s really important to know what’s going on in your business yet many business owners operate completely in the dark, with no meaningful business information available on which to better manage their...

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How to self audit your business every quarter

You may think that auditing is something only accountants should care about and only big businesses need to worry about. But in fact, self-auditing is an effective way to safeguard the future of your...

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Reviewing Your Business Progress

When was the last time you checked performance against your business plan? The business plan needs to be under continual review to make sure you are successfully implementing each planned stage. It...

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Don’t Be Blasé About Tax Debt

When it comes to paying bills, we often tend to be blasé and put our financial responsibilities into the too hard basket.  Ignoring debt is the easy option at the time but eventually things catch up...

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6 Ways to Reduce the Cost of Running Your Business

  While prospects for SMEs may be looking better, many cash-strapped business owners still need to be cautious and look for ways to reduce the costs of running their businesses. Here are a few ideas:...

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Income Tax – Getting it Right

‘‘There are only two certainties in life – death and taxes!’.  Although it is difficult to tamper with the sand flowing though the hour-glass of life, good habits can slow its pace.  Good taxation...

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