Make money make sense.

Example Accountants

Example post · Accountant

You made a profit. So where's the money?

It's one of the most common surprises in business.

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A healthy profit on paper and a worrying bank balance is a common combination for a growing business. Often nothing's wrong, it's timing: if customers pay in 60 days but suppliers want paying in 30, profit and cash tell two different stories. A simple cash-flow forecast helps you see the gap coming. General information, not financial advice.

#CashFlow #SmallBusinessFinance #LeedsAccountants

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Example Accountants

Example post · Accountant

Revenue is everything you've sold. Profit is what's left once the costs of running the business are paid. A business can grow its sales and still make less money, which is why it pays to watch both.

#FinanceBasics #SmallBusiness

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Example Accountants

Example post · Accountant

Where does £1 of sales actually go?

Let's follow it. The figures are illustrative.

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Turnover gets the headlines, but it's the number at the bottom that pays for growth, savings and a day off. When you know roughly where each pound goes, it's much easier to decide whether to raise prices, cut a cost or chase a bigger order. The figures here are illustrative, not a benchmark for your business.

#RevenueVsProfit #SmallBusiness

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Example Accountants

Example post · Accountant

An allowable expense reduces the profit you pay tax on. It doesn't make the purchase free: you've still spent the money. General information, not financial advice.

#FinanceMyths #SmallBusiness

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Example Accountants

Example post · Accountant

What accountants do beyond tax returns.

Forecasts, cash-flow planning, pricing, funding and a second opinion on big decisions.

The tax return is the part everyone knows about. Much of the useful work happens during the year: spotting trends early, planning for quiet months and checking whether a big decision adds up before you make it.

#WhatWeDo #LeedsAccountants

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Example Accountants

Example post · Accountant

Most business owners never had a lesson in this stuff. If there's a money question you've always wondered about, send it in and we may answer it in a future post.

#AskAnAccountant #Leeds

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Example Accountants

Example post · Accountant

Why bookkeeping matters.

Up-to-date records make year end calmer and show problems while they're still small.

A shoebox of receipts in March is stressful. Ten minutes a week keeping records up to date means fewer surprises, better decisions and a quicker year end.

#Bookkeeping #SmallBusinessTips

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Example Accountants

Example post · Accountant

A simple year-end checklist.

Bank statements, sales and purchase invoices, receipts, loan details, new equipment and stock figures.

Getting these together before your accountant asks saves time and back-and-forth. Requirements vary by business, so check what your own accountant needs.

#YearEnd #Leeds

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