Latest News & Updates
What is break even to your business?
Most importantly you need to understand the components involved with business activity and breaking even. But how do you find out what your business requires to break even? What's break even? To clarify your business breaks even when your sales cover all your costs,...
Management accounting
What is management accounting? Firstly, before we look at why your should use Management Accounting for your Business, let's understand what it is. Most importantly financial issues impact our working and personal lives. Knowing your numbers is important for all...
Profit & your business
What is profit? There are several important elements that make up your business story, some more important than, some less important than others. However, I think it would be safe to say that ‘profit’ is one of if not the most important element. Without profit where...
Budgeting for your tax bill
How to budget for your tax bill- this is not as hard as it may seem. Firstly, imagine the money you have in your account right now as shared funds. Some belong to you, some does not (kind of like a lotto syndicate but less fun). Now with that in mind, if possible, you...
Information & business resilience
How information improves your business resilience follows on from last weeks blog. Organisations value information, and the quality of it. It feeds into your decision-making. However it's not just about financial transactions, it's about much more stuff in your...
Leadership & business resilience
Why leadership is key to your business resilience is the topic of this blog. Business resilience is what you need when running your business. The businesses that share these characteristics tend to be at a large, multinational corporate level. However there are...