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When do you make someone Redundant?As an accountant specialising in digital, PR, and creative marketing agencies turning over £750,000 and above, I’ve guided many clients through economic downturns. The current challenging economic climate has made one thing crystal clear: agencies that make proactive staffing decisions consistently outperform those that delay until crisis hits.
Practical ways to automate your accountingIn today’s fast-paced business environment, automating your accounting processes is a great way to save you time, reduce errors and give you more control over the business.
What makes a good bonus scheme?In business and amid a labour shortage, keeping hold of your talented employees has never been more important. To retain talent, incentivising employees through bonus schemes is essential, particularly in sectors where competition is particularly fierce.
How to benchmark your pricing effectivelyPricing your products and services often feels like an art form, balancing the value of your hard work against what your customers are willing to pay, all while keeping an eye on the competition.
Accounting for fixed costsIn business finance, certain costs are guaranteed, steadfast, and predictable. These we appropriately call fixed costs, providing businesses with a stable foundation amid ever-changing economic conditions.
What is revenue, and why should you measure it?Alright, let’s have a chat about revenue. It’s a word we hear tossed around in business quite a bit, but what does it actually mean? And more importantly, why should you, as a business owner, really care about it?