If your business is struggling, you might say you have not found a business model that works. And even if a business is working, it is well worth understanding one’s business model because it can help to focus resources.
Wikipedia defines them thus: A business model describes the rationale of how an organisation creates, delivers and [...]Continue reading ›
Many of us in small business have signed up for being Company Directors. It would be interesting to know how many of us found out our legal responsibilities before taking on the role. I’m prepared to wager that it is a small percentage.
In practice this lack of knowledge is rarely a major problem, but it [...]Continue reading ›
It’s tempting to leave it there because we are not sure anyone ever wanted to know anything about P11d – surely one of the least comprehensible and most mind numbing pieces of reporting required for running a company.
The trouble is that there are really quite large penalties attached to failing to do them – £100/month. And [...]Continue reading ›
We are edging ever closer to an integrated world and for retailers one obvious link to make is between the EPOS system and the bookkeeping.
In this blog we compare the three front runners in Xero / EPOS integration – EPOSNow, Shopify and Vend. With all these systems a lot depends on the hardware and the level [...]
As the dust settles on the last Spring Budget, we look at the key changes for small business and some reminders of changes in the 2016 Budget that take effect from 1st April.
Corporation Tax – Corporation Tax has reduced to 19% from 1st April 2017.
VAT – VAT registration threshold increases to £85,000 from today and [...]Continue reading ›
Last month we recommended reading Gino Wickman’s excellent book Traction. At the very end is an implementation plan for the methodology of the book and right at the top of the list is to establish who is accountable for what in your business.
It got us thinking on the importance of accountability in business and how [...]Continue reading ›
Here at Crunchers we’ve been batting about business analogies and I am proud to coin a new one.
We are fond of saying that building a business is like building a vehicle. It’s like putting together a lot of different moving parts so that it takes you to your destination – retiring at 45, being knighted [...]
On 23rd November the Chancellor, Philip Hammond, delivered his first (and last) Autumn Statement. We provide you with our summary of the most important announcements for small business.
Economic growth forecasts have been revised down from 2.1% to 1.4% in 2017 following the Brexit vote.
The Chancellor has re-iterated the intention to reduce Corporation Tax to [...]Continue reading ›
As some will know the intention behind Crunchers is to use the accounting process to improve the lives of business owners, providing insights and support in achieving their goals for their business and their lives.
Crunchers Head Office in Cornwall has been busy this year with an important new software to empower business owners – Goal Driver.
The [...]Continue reading ›
Our customers want and need things. Clothes, food, video production, accountancy services, plumbing done. Mostly they don’t want to think about how they fulfil these needs, they want an easy life. So they look around and hopefully they find your business to provide them with what they want. They become your customer.
In theory this [...]Continue reading ›