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“education”

As busi­ness own­ers you are ulti­mate­ly respon­si­ble for sign­ing off accounts and mak­ing deci­sions with­in your busi­ness.

Our aim is to assist you to make informed and proac­tive deci­sions – often based on finan­cial infor­ma­tion (ie should you make a pen­sion con­tri­bu­tion before the year end to save cor­po­ra­tion tax and what impact will that have on your cash­flow?).

How­ev­er, a lot of busi­ness own­ers are real­ly good at what they do, but don’t always under­stand a prof­it and loss, bal­ance sheet or cash­flow. It’s there­fore impor­tant to edu­cate your­self on the finances of your busi­ness (our Tak­ing Con­trol of Your Finances pack­age is a great place to start this edu­ca­tion process of know­ing your num­bers).

Whilst you can ben­e­fit from reg­u­lar meet­ings to dis­cuss your fig­ures, there are also lots of ques­tions that you may have that relate to all busi­ness­es

How do I do ….. in Xero?
What is gross prof­it (and why is it so impor­tant)?
What impact does pric­ing and dis­count­ing have on my earn­ings?
How do I pay myself effi­cient­ly?
Should I get an elec­tric car?

As such, there are a host of blogs and vlogs on var­i­ous top­ics which can help you to improve your under­stand­ing of your finances, get to know your num­bers (in con­junc­tion with part­ner­ing with our­selves) there­fore allow­ing you to make informed and proac­tive deci­sions about your busi­ness (rather than going with your gut and then wor­ry­ing whether or not you’ve made the right deci­sion).