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Blog

The Accountants for Growth

How do we get into debt?

How do we get into debt?

This week we held a Business Builder Forum on the subject of debt which many of us face in our business and personal lives. The Forum was enjoyed by all the delegates who gave us great feedback and I now share some of the most significant points in the blog.

 

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Under Insurance

Under Insurance

Under Insurance – If you don’t know what it is, your business is massively exposed...

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Pricing for Maximum Profit

Pricing for Maximum Profit

Pricing is the most important element in the profit equation – get your pricing right and you can transform your financial results.

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Business Success & Failure

Business Success & Failure

With 30 years’ experience in public practice as a Chartered Accountant I have seen many success stories and business failures. When I look back at the individual cases of success and failure there are, without doubt, common features to the successful business and those doomed to failure.

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Year in Review

Year in Review

It's a New Year and a new start but before we begin our new initaitives we wanted to take a moment to outline all the wonderful success we've had in 2014! 

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Debt Collection for your Business

Debt Collection for your Business

Every company wishes it had a full list of reliable clients that always paid on time. In all businesses, prompt payments are received gratefully and late payments are dreaded, therefore credit control and debt management are important to ensure a constant and steady cash flow. Keeping on top of company billing, income and expenditure is really important to help understand how financially successful your business is; something we would love to help you achieve.

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Goal reviewing for the New Year

Goal reviewing for the New Year
Now that 2015 has officially rolled in, it’s time to reflect on your previous year’s goals and see how they compare with the outcomes. While this may seem daunting it’s essential for future goal setting as it’s a great opportunity to reflect on your previous strategies and accomplishments. 
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Why you should Benchmark your Business

Why you should Benchmark your Business

Benchmarking is simply the process where you compare your financial results with your competitors and it is one of the most widely used management tools.

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Systemise your business for a better life

Systemise your business for a better life

Last evening I went out for a drink with a long standing client of the practice and we lamented on how our respective businesses were dependent on ourselves – the more successful we get the harder we have to work.

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Credit Control

Credit Control

Last week I ran a successful seminar entitled ‘How to get paid on time every time’. The delegates considered 17 separate strategies which they could use in their respective businesses in order to improve their debtor collection.

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Cloud Backups

A well used fact in the IT industry is that 80% of all businesses who suffer complete data loss will be out of business within 18 months. Whether that’s 90%, 80% or 70% you get the gist.


Imagine you turn up for work and your office has been broken into overnight. You realise that, amongst other things, your server and all the desktop computers have been stolen. After the initial shock, you’ll start thinking about getting your office back up and running. Replacing the computers, although potentially a strain on your cash flow until the insurance pays out, is relatively straight forward. You could have your computer network back up and running within a few days.

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Benefits of Systemising your Business

Benefits of Systemising your Business

If you go on holiday for 16 weeks from this weekend what state will your business be in when you return?


Would it be in a right state? i.e. turn into a bag of spanners...


OR would it be flourishing? i.e. turn into a bed of roses that you can be proud of?


And which type of business would you prefer?

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Three simple steps to a better business

Three simple steps to a better business

Each month I take a day out of the office to consider the strategic development of the firm. By doing so, we’ve become an AVN member, incorporated the business, formed a limited liability partnership and increased our marketing activities.

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How healthy is your business?

How healthy is your business?

Your business is probably the single most important financial asset to you and is likely to produce a high percentage of your income and financial requirements.  It is therefore extremely important that it is running in the best way possible, both from a practical and legal perspective.

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Building solid business relationships

Building solid business relationships

We all have different expectations, so it’s important in all business agreements and relationships to establish between both parties what those expectations are.  


Business is a two way street and it’s important to outline what you need from clients so they can receive the best service possible. To ensure this at James, Stanley & Co Ltd, we use a ‘Basis of our Relationship’ form which identifies what we need from our clients to ensure they receive the services they need to succeed.

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What to do with overdrawn directors’ loan accounts

What to do with overdrawn directors’ loan accounts

We see many cases where directors draw monies from their companies with the intention of declaring a dividend at the end of the year, only to find that, due to the recession there are insufficient profits to declare a dividend and this leaves them with an overdrawn loan account.

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