Management and Growth
The majority of business owners started their business because they were good at what they do, they were passionate about a product, or they wanted to have control of their own destiny. In the same way as very few have the financial experience to make key decisions on a growing business, few are experts in managing one, and dealing with the many and varied challenges that will arise.
Over more than 30 years in accountancy, and 15 working as an Outsourced FD for businesses in all sorts of industries, Chris has come across an extremely broad range of circumstances and situations. We’ve come across many ourselves in buying, growing and selling our first business, with a team that grew from 4 to 17, or in starting and developing this one, on an entirely different business model.
This section of our Information Centre is designed to bring together the various posts and articles that we hope will provide some guidance, advice and information for anyone running a business. Some will appeal more to smaller businesses, which make up the majority of our client base, but there’s already a broad range, and we’ll be adding more.
Whilst we’ve broken out some of the sections of Management and Growth to group articles together, this is a more ‘catch-all’ section to ensure nothing gets lost, so there may well be quite a variety, particularly over time.
As always, if we don’t have the knowledge to provide guidance on a subject, we’ll have contacts that can, so if you’re unsure or need more detail, please get in touch and we’ll help where we can, and make relevant introductions to fill any gaps. Our goal here is the same as always, to provide additional information or support to help business owners sleep better at night, and to concentrate on their business.
Pricing – would you like an easy £1,000?
Pricing is a tricky subject for business owners, and many shy away from increasing prices for fear of losing customers. The thing is, a small increase in prices can have a HUGE impact on the bottom line of a business.
How to make better decisions
Do you understand the science behind making decisions? Why our emotions can be so influential? How can we circumvent the natural wiring in our brains? Watch this to find out!
An Unreasonable Expectation
Over a few days last week I spent some time catching up with various members of the family that I haven’t seen for a while. The subject of work came up, and as has happened before, the person I was talking to said they felt bad that they aren’t 100% confident about their accounts and tax. I told them that’s mad, and a wholly unreasonable expectation!
Related News Items
Can I just say we are so pleased that we have moved to Baranov Associates. As we discussed when you visited, we had to find a way to take the stress out of all of the financials and you’re doing that for us! We can see how to use Xero more efficiently and so with us being as on top of it as we can be and with you and Liz we feel a lot more confident about our business being in good shape.
Mrs S James, Sandbanks Capital Partners Limited
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