by Rachel Leyland | Aug 26, 2024 | Uncategorized
Here’s how you can master and minimise your business expenses efficiently: 1. Categorise Your Expenses Start by categorising your expenses into fixed and variable costs. Fixed costs, like rent and salaries, remain constant, while variable costs, such as supplies and...
by Rachel Leyland | Aug 19, 2024 | Uncategorized
Here are essential bookkeeping tasks you should complete monthly to keep your business running smoothly and your finances in check. 1. Record All Transactions Ensure all business transactions, including sales, expenses, and any other financial activities, are...
by Rachel Leyland | Aug 12, 2024 | Uncategorized
Here are the key financial reports every business owner needs: 1. Profit and Loss Statement The profit and loss statement provides an overview of your business’s revenues, expenses, and profits over a specific period. It helps you understand your profitability and...
by Rachel Leyland | Jul 6, 2024 | Uncategorized
Here are three key indicators that it might be time to raise your prices: One clear sign that you’re ready to raise prices is high demand and capacity strain. If your business is consistently overbooked or you have a long waiting list, it’s a sign that your services...
by Rachel Leyland | Jun 29, 2024 | Uncategorized
Here are some strategies to help you maximize the remainder of the year and drive your business towards success: 1. Review and Adjust Your Goals Take a close look at the goals you set at the beginning of the year. Identify which ones you’ve achieved and which ones...
by Rachel Leyland | Jun 21, 2024 | Uncategorized
Here are some tips to help you introduce your children to the world of finance in a fun and engaging way: Explain what money is and how it’s used. Use real coins and notes to make it tangible. Teach them the difference between things they need and things they want....
