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Crunchers Accountants

Crunchers Accountants

Happiness at Work

Add a comment   Posted on May 1, 2012   by damionviney

Surely this is a pie in the sky?  And surely this has no place in an accountant’s newsletter?

Apparently not.  Setting aside whether concern for one’s fellow human being has a place in an accountant’s ordered mind, research shows that a happy work force is is a productive one.  A recent book ‘Practice what you Preach’ […]

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Designing your Business Dashboard – Seminar Report

Add a comment   Posted on May 1, 2012   by damionviney

“If you can‘t measure it, you can‘t manage it.” So goes the quote from renowned management consultant, Peter Drucker.  This was what 15 business owners gathered to grapple with in East Dulwich last night.

Ask most small business owners how their business is going and the response tends to be ‘Great, we’re really busy’ or ‘Not great, it’s really quite.’  The seminar […]

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Understanding the Numbers Seminar Report

Add a comment   Posted on March 2, 2012   by damionviney

On Monday 27th Feb, seven enthusiastic small business owners met to explore the practice of using a set of accounts as a management tool.

Way back in the mists of time, accounts were prepared not to fill in tax returns but as a management tool.  They were designed to tell the business owner what was going […]

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Return on Investment – should it bother me?

Add a comment   Posted on March 2, 2012   by damionviney

Business analyists looking at the financial health of a business will look at three areas – profit, cash flow and return on investment.  To the average sole trader or small business owner that last one, return on investment, is a hazy concept at best.  Profit is another story –  most of us understand the focus […]

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Pricing for Profit Seminar Report

Add a comment   Posted on January 31, 2012   by damionviney

Last night we had another successful seminar, this time themed on pricing.

The seminar is very powerful, mainly because most people do not realize the dramatic effect that price has on profit.  We looked at a typical British business (based on results consolidated across the business sector by KPMG).  The research shows that a typical business […]

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Time – the missing piece of the jigsaw

Add a comment   Posted on January 28, 2012   by damionviney

Having just spent the month preparing accounts for people, the issue of time as a resource keeps cropping up in my thoughts.  The more I think about this aspect of a small business, the more I see it’s importance and the way it is neglected as a resource.  Let me explain.

There are two main resources […]

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Top Tax Tip 2 for Sole Traders

Add a comment   Posted on January 21, 2012   by damionviney

Continuing in my series of top tax tips for Sole Traders comes clarification on an old chestnut: claiming use of home as office.

The idea here is that as a sole trader you don’t rent an office but you use a part of your home.  Therefore you put through a proportion of your household as as […]

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