Increase business profits

Increase business profits

Our last blog looked at turnover and profit and we explained the difference between the two. If you have a good turnover but poor profits, your business isn’t running as well as it might. Having better profitability increases the likelihood that your business can cope...
Turnover and profit: what’s the difference?

Turnover and profit: what’s the difference?

Turnover! It’s a word that many business owners drool over as they tell you how much their business has achieved this financial year. But what does it really mean? Owning a business with a great turnover sounds impressive, but if it’s smaller than what’s owed to...
What is bookkeeping?

What is bookkeeping?

If you run your own business, you need to look after your accounts: that’s the money-side of things. It can mean looking after your cashflow, invoicing your clients, chasing payments or paying bills among many other things. An essential part of that is keeping your...

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