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Management Accounting

3 fool-proof ways to get your team to embrace outsourcing

When business owners start to use outsourcing, and they start to use it often enough that it takes some work away from permanent employees, they may experience some resistance from their team. The main concerns ...
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Business Growth

How working with family promotes honesty (and why that’s good for business)

Employees are sometimes afraid to voice their opinions. The same goes for disappointments, frustrations or general ideas, especially when it comes to changing the way things are done. As you can imagine, this can be ...
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Business Growth

How to set KPI’s for your company and individuals within

In today’s business world, it is more important than ever to set key performance indicators (KPIs) for your firm and team. Why? Because KPIs are metrics that tell you if what you’re doing is working ...
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Management Accounting

How new or early-stage businesses will benefit from using an Accountant

According to business start-up statistics in the UK, 20% of businesses fail in their first year and around 60% will go bust within their first three years. Approximately 660,000 new start-ups register in the UK ...
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4 Ways To Recession-Proof Your Business
Business Growth

4 ways to recession-proof your business

Change your mindset (and quickly) Henry Ford said “whether you think you can or you think you can’t, you’re right” and it’s true. If during the recession, you think that you are going to come ...
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Business Growth

Build a team built for growth: 15 ways to develop and expand your team

Your people are the most powerful tool you have in your business arsenal – do you invest in them?  Every business faces the on-going challenge of hiring the right people. That process alone can be ...
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Home Working

How to help your team members create a new routine when working from home

In light of the current global focus on remote working, this is looking like it’s going to be the ‘new normal,’ at least for the foreseeable future. This means that you as the practice owner ...
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Business Growth

10 strategies to reduce employee turnover

You may be the heart and soul of your business but your employees are the blood and life force! If you’re having trouble retaining good employees (which is actually one of the biggest issues that ...
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Credit Control

6 tips for effective credit control

Being a business owner comes with many challenges, especially when it concerns money.   You have to have enough money to run the business and pay yourself and your employees which means you have to price ...
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Business Growth

4 key numbers you need for effective cash flow planning

Running out of cash is one of the biggest reasons that businesses fail. It’s not surprising really, as forecasting your cash flow can be tricky, not to mention that there are so many variables that ...
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5 things you didn't know an accountant could do
Management Accounting

15 things you didn’t know an accountant could do

When asked “What does an accountant do?” many people answer with accounts, tax or compliance work. While that’s true, what many don’t know, is that the good ones do so much more. The best accountants ...
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Business Growth

12 simple tips for quickly welcoming a new employee to your team and making them feel valued

It’s no surprise that people love to work where they feel welcome; it is a surprise, however, that one-third of new hires tend to quit within the first six months! This statistic goes to show ...
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