Let’s look at why we recommend Xero Xero was one of the first platforms built with business owners and users in mind (rather than created for the accountant). It has always been cloud based and Xero are always looking at ways to improve their system. What we love about Xero We love: We use a … Continued
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Pricing is an art form, and is very dependent on market conditions and your ability to service that market. When costs go up the natural reaction is to say “I need to increase prices” but is this right or even possible sometimes? It’s definitely not “one-size-fits-all”, you don’t price the same way for everything. It … Continued
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Work in progress (WIP) is inventory that has begun the manufacturing process and is no longer included in raw materials inventory, but is not yet a completed product. On a balance sheet, work in progress is considered to be an asset because money has been spent towards a completed product. If you do not know your … Continued
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What do people mean when they talk about Markup and Margin? Why is it important to know the difference? And how can you measure them to help get better results in your business?
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Are you worried about the economic downturn? There are some things you can do to protect your business from the effects of recession. Discover them here
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The true cost of a salesperson is often 50-100% more than salary. We show you how to set a sales target without dropping your profit margin.
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What are the costs of holding stock? And how can we increase profits without necessarily taking on more warehouse space?
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Are you struggling to look after or understand your company’s finances? Are you worried about rising inflation and potential recession? Then have you considered hiring a part time finance director?
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