Grow your business profits

Managing your finances effectively is essential for every business. You can then be much more effective and profitable as a result. Most business owners are not accountants, but we DO need to make use of what the finances are telling us.

I will argue two fundamental points:

1. Knowledge of your business finances

We cannot run our businesses as well as we should, without an up to date knowledge of what is happening with finances.

2. Common Sense

It is not hard or complicated, it is common sense.

One of the hardest tasks faced by small business owners is trying to keep track of the business finances. A spreadsheet or manual record is probably all that many of the smallest businesses will need. As the business grows a computerised accounting system such as Xero, QuickBooks or Sage is a must.

You can use each system in a variety of ways. They will also each have their pros and cons. Simply choose the one you like best.

Systems

“Off-the-shelf” systems are cheap and easy to use. They are also often sold on the basis that computerising your bookkeeping is fast and easy to do. You are also sold on the basis that you can up and running straight away.

If you would like to discuss how we can help with any aspect of your finances, please give us a call or drop us a quick line. We will be very happy to talk through your issues without any form of obligation.