|
|
| Small Business Information |
|
|
|
|
Essex Accountant: Accountancy Firm MVP for Your UK Business?
Most business owners know when they need an accountant, but they do not realize how important the task is or how much their results can vary. No other job position outside of your own is going to affect your bottom line like an accountant and contrary to common belief, the job is not just about crunching numbers. A good accountant or accountancy firm must know how to crunch numbers that will allow them to provide practical suggestions from useful information that will pave the way for you to make accurate business decisions. For an accountant to be your MVP, they must have a drive to learn your business inside and out. They will also be very helpful and approachable instead of trying to impress you with their extensive vocabulary and knowledge. But before anything can take place, there must first stand a solid foundation. This strong vital foundation is good book keeping. The most complex formulas in the world are useless with bad numbers. However, it is completely your option whether you want to keep your books separately or have your accountancy firm keep them for you. Some Accountants and/or Accountancy Firms will even train you or your staff if you would like to take over the books at a later date. Good bookkeeping involves recording all cash and bank transactions with regular reconciliation's, recording all purchase invoices and payments while producing monthly payment due reports, recording all sales and payments while producing monthly statements and also preparing quarterly VAT Returns if applicable. You can also have the same firm maintain your payroll for your employees. Last but not least you will need management accounts prepared monthly, quarterly or half yearly. A one stop accountancy firm can be very convenient reliving you from the above work, which allows you to do what you do best. With proper records, a great accountant can work wonders for your business. Practical advice supported by useful information will definitely pave the way for you to make more accurate business decisions. Then you will truly see that a good accountant really can easily be the MVP of your business. Find a professional and approachable
Essex Accountant at
Auxesiaonline.co.uk, the one Stop Accountancy Firm in the UK. We are one of the UK's best sources for
Essex Accountants that provide
good advice delivered in a timely and efficient manner. Thank you, enjoy your day.
|
|
|
|
RELATED ARTICLES
Virtual Assistance for Healthcare Professionals Administrative and clerical tasks are the bane of every industry. No matter how small or large your business is, you will eventually find yourself with stacks of paperwork that need your attention and phone calls that need to be made. And when will you find the time? If you are busy seeing your clients during the day, then the paperwork waits until the evenings and weekends. This can make for some very long days and total exhaustion. Hiring a virtual assistant is becoming the best option for many professionals. Work is a Four Letter Word I love work, I can watch it all day. FTC Adding to the Franchise Rule Last summer the FTC put forth a report and then asked for comments on modifications of the franchise rule. There has been no real significant changes since the 1970's, but lots of opinions and case law along the way. All these complications of rules and the rules proposed today by the Federal Trade Commission do not help franchisors remain efficient or franchisees sell more pizza, hamburgers or donuts. Self Serve Car Washes in the United States In the 2003 Auto Laundry News Survey it was determined that only 10% of the Coin-op Car Washes had a web site. So if you are doing lots of individual research on car washes that are self serve, do not expect to find a lot of data on the Internet. Owners of coin-op car washes say that only 76% have internet access. The average population is 64% in the US. Not much better, so this low tech sector of the Industry seems to remain un Tech. Only 15% of coin-ops surveyed took credit cards for tokens, machines or even concession machines. Of which 17% only claimed to have concession machines, which most feel are 1/3 of their income if they had them. Only 4% had drinking water fountains. 13% had added an in bay automatic in the last five years. 51% had more than one location. The Failures Guide to Small Business Success How many "get rich schemes" have you joined? Or have you invested in numerous legitimate business endeavors only to have them not work for you? Have you started you business and now facing a complete shut down? Do you consider yourself a failure? Are your loved ones pressing you to give up? Employee Email and Internet Use - A Small Business Guide Introduction Top Ten Resolves for Building Your Business in 2005 1. Resolve to build a consistent network system. Alliances: Drawing The Line How far can you go based on your relationship with an alliance partner? Accepting Checks in Your Business Virtually Risk Free Most businesses accept checks as form of payment for goods and services. However, accepting checks can be a risky endeavor if your company doesn't follow good policies and procedures for preventing loss from bad checks. In fact, the reason some businesses do not accept checks is because of a history excessive "bad checks" that costs their business to much money and aggravation, preferring to accept only cash and credit cards. Whether a business currently accepts checks or not, they can minimize the cost of accepting checks to less than 1%, which is less than half the 2% to 3% cost of credit card processing. The only payment method cheaper is accepting cash. FFP vs. CPFF Contracts SBIR Corner: FFP vs. CPFF contracts: How to Profit from Business Consulting Opportunities Business consulting opportunities might be just what your are looking for in a home based business. 10 Best Practices to Consider as Your SBIR Negotations Approach Contract Signature 10 Best Practices to consider as your SBIR negotiations approach contract signature: Small Business Health Check-Up If your home business is not performing the way you hoped for, rather than stay away at night...use this simple list to check-up on possible reasons why your business is under performing. Consistency with Janitorial and Cleaning Businesses Consistency is a huge word when operating your business. I believe it is one of the key ingredients to success. You should strive to keep things exactly the same on a daily basis. A quick example, something that upsets me, if I go to McDonald's at 10:30 P.M. a 1/2 hour before they close and ask for a cheeseburger and chocolate shake. What answer do I usually get "sorry the shake machine is closed for cleaning" This to me is not fair I believe the first customer coming through the door, should receive the same service and items as the last person coming through the door. NO EXCEPTIONS! Business Owner--Educate Thyself! Remember the training programs, seminars, and workshops you had to attend when you were on the corporate side of the table? You were expected to complete course after course for professional development and skill enhancement. Well, where do you get your training now that you are on your own? Do you learn from your clients? Are they the best teachers? What about your competitors? Business Pain Defined Every company has business pain, but the pain does not necessarily mean that they have a success problem. Pain can be anything from a minor dent, as when a marketing event does not produce the anticipated results, to a major process issue, as when reporting is not accurate. As you set out to find your customer's business pain, you should remember that you are not necessarily looking for huge issues, rather you are looking for issues that hurt the profitability of the company. Environmental Pressure Washing in Pennsylvania If you run a mobile car wash, mobile fleet washing company, mobile auto detailing business or a Pressure Washing firm in Pennsylvania there are things you should know. Pennsylvania is serious about cleaning the environment. Its Spring - Time For A Compensation Program Tune Up Now that winter has passed, the annual ritual of spring cleaning is in full swing. Spring cleaning is more than cleaning the windows and clearing the cobwebs that hid in the corners during the winter. "Spring is a time to take a serious look at your compensation program and begin planning for the next budget cycle. Depending on your organization's fiscal year, it may also be time to determine appropriate market adjustments and pay increases for the coming year," said Michael Maciekowich, National Director, Astron Solutions. Image is Everything - Secrets to Cleaning Car Fleets A recent survey indicated that clean Taxi Cabs Fleets have higher tip rates and repeat customers. How do you wash a taxicab? You do them four at a time and you go up and over and up and over when you are drying them. If they have a little taxi cab sign, dry that last. But you do the rest of the car the way you do a regular car. The only difference is you are going to spray three, four, five, sometimes six cars at a time. Then another crewmember is going to follow behind you and do all the windows really well. You do a quick vacuum with a taxicab. Seriously, you do not want to be in that taxicab for more then a minute or a minute and a half. Now most taxicabs are usually scratched and they look like crap. This is something you are going to have to deal with. This is just the way they are going to look which is good for you because they are not expecting a perfect job. They just want them to look clean because they have their logo on them. Taxi companies are very low budget operations and low cost will get you the account. Some taxicabs are owned by independent contractors. You will need to charge more since the volume is not there. Staging areas at big airports are a good place to find lots of taxicabs. Franchisor; Ongoing Support and Ideas Ongoing support for a franchise system is omnipotent. A major part of any family relationship is communication. A large franchise system is similar to a giant family; it needs constant communication. By providing on going support for your franchisees, we will guarantee both success and open communication lines will strengthen you company and team in the market place. Some things, which many franchisors do not do or do not do enough are little things which are really low cost and simple. For instance sending out sales tapes.
|
| home | site map |
| © 2005 |