What should you expect from your Accountant in the Cloud era
The world of accounting has changed significantly over the past few years. Today’s accountants have more tools than ever at their disposal.
We all know Strategy is important, but are you spending enough time on it?
Strategy is all about two questions: ‘where are we going?’ and ‘how are we going to get there?’ There’s often confusion between strategy and tactics, but for me strategy is the big picture.
Preparing your business for investment or acquisition
A key question we ask our clients is “What does success mean to you?” The answer can change over time as personal and business circumstances change, so it’s important to ask this question on a regular basis.
How your professional services firm can find its niche and thrive
Although the word ‘differentiator’ is often overused, it’s an incredibly important concept. For example, if you need a lawyer for your business, you want to go to the best corporate lawyer, not the best firm according to the Legal 500.
How your firm can benefit from an independent facilitator at a strategy day
In my previous article I talked about how, in any business with five or more people, the person given the responsibility to look after strategy (usually the Chief Executive), should be spending 20-30% of their time on it.
Does your business need a VCFO?
You’ve no doubt come across the title of CFO (Chief Financial Officer), but you may not be familiar with a VCFO. A VCFO is a Virtual Chief Financial Officer.
Digital analytics for business owners
Digital marketers love to throw around stats. They produce monthly reports with pages of data that business owners don't understand and therefore rarely have any impact on decision making.
Seven reasons why you should talk to an accountant at the earliest possible stages of your business
There are many things to consider when starting a new business – your offering, marketing, sales, premises, staff, a website – just to name a few! Accounting is another crucial element.
Six ways to prevent negative conflict in the boardroom
Chairing a board meeting can be challenging, and conflicts or disagreements can quickly escalate if they’re not managed properly. In the right circumstances however, conflict can be a good thing!
Five ways to get your law firm out of the doldrums
Cross-selling is absolutely key in any quality professional firm and sometimes professional services firms can work in silos. That can be very disruptive, it can be very insular, it can mean that people really aren’t looking at their clients in a ...
Five tips for effective succession planning
Most people want to grow a business and sell it or retire at some point in time (and hopefully take some capital value out in the process). Therefore, succession planning is something that should always be on the agenda.