Get with the program! Good use of technology can make huge differences to your cash position.
Cloud based accounting systems continue to provide huge benefits to business owners prepared to embrace them. With the plethora of great quality ‘add-ons’ to aid everything from productivity to cash flow, businesses can operate leaner, more efficiently and generate more value.
Increase the value of your business by £2m*
You don’t need a business degree to realise the importance of having great cash flow in order to succeed. But have you ever actually calculated the impact on your business’ success with a reduction in debtor days, the consequential reduction in bad debts and the ability to do more with the additional time that is created?
If you haven’t – the results can be astonishing!
*We looked at a typical business scenario for a growing business. Starting with a £1m turnover in year 1, growing at 10% p.a. we assumed average debtor days of 60 and bad debts of 3%. After 10 years, based on some smart cash flow management, the business’ value has increased by £2m. To find out more, check out our blog are you a worrier, or a warrior?
The difference a cash flow plan can make to the value of your business
With a sensible approach to cash and the implementation of simple but highly effective technology relevant to your business setup, debtor days can be halved and in turn bad debts reduced, leaving you more cash, less debt and greater options.
Video: How do you get the most out of data? Wilson Partners' Duncan Bye explains
“Combining the best of our business expertise with the powerful combination of cloud accounting and the plethora of quality supporting apps – the ability to manage accounts, forecast profits, and collect cash is simpler and easier than ever.”
Duncan Bye
Wilson Partners
Call us on 01628 770 770 for a no-obligation chat
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Whether it’s our team, our clients or our wide-ranging network, everything we do is driven by the relationships we build. Together we achieve more, so we form professional relationships that last.
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With “Big 4” expertise and practical experience, our people add real value to our clients. From advising on wealth management to getting your money working more efficiently, our commitment to and passion for client service shines through.
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Our values are centred on the understanding that it’s all about the people. Every client and team member is an individual with ambitions and goals in life. We recognise this, and openly encourage and support the achievement of those ambitions.
Our services for clients in the Reading and Berkshire region include:
At our core is an understanding what our clients need and value – after all we’re an ambitious business ourselves. We advise our clients the way we would wish to be advised. Our values that shape and define the character of our business are usually shared by our clients. Review our accounting and business services for Businesses in Reading
For more detailed information and a meeting to discuss your accounting and finance requirements, please call us on: 01628 770 770 or email:[email protected]
Call us on 01628 770 770 for a no-obligation chat
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For more detailed information and a meeting to discuss your accounting and finance requirements, please call us on: 01628 770 770 or email: [email protected]