One of the privileges of being an accountant is to see into many different people’s businesses. After a while you start to see the patterns.
Something that becomes clear quite quickly is that whilst most people are getting by not many are really making a profit. And when you start to look why you can’t help […]Continue reading ›
As business owners one of our jobs is to get the best our staff. From time to time we get asked about performance related pay and bonuses and our response is always the same – beware!
Somewhere it has entered business culture that offering financial rewards or perks is an effective way to motivate staff. Unfortunately […]Continue reading ›
Here at Crunchers we’ve been toying with the idea of providing a daily bookkeeping service and we are now proud to announce that after trialling it with some clients, we are rolling it out across the practice.
The traditional model of a remote bookkeeping service is that you send over information once a month and get […]Continue reading ›
In October we attended Xerocon London which is Xero’s annual conference in London.
By rights this should be one of the dullest experiences known to man – a conference on a piece of software that does bookkeeping. It hardly sets the pulse racing. But it turns out that Xero and it’s ilk are right in the […]Continue reading ›
Congratulations to our client Adelle Smith and BKD London Ltd whose success on Dragons Den was made public last Sunday on BBC2.
Multi-award winning children’s baking company, BKD has secured investment from British entrepreneur and businessman Peter Jones CBE assisted by Crunchers in preparing for the bid.
Adelle Smith launched BKD from her kitchen in Shoreditch, London, […]Continue reading ›
I am originally from New Zealand, a country which I adore and am lucky enough to travel back to regularly to see family and friends. Having been educated there and spent my formative years in New Zealand, I moved to the UK with my now husband in 2006 to work and travel. Fast forward 11 years and we […]Continue reading ›
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 […]