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This Makes My Blood Boil!

If you're accountant prepares your accounts only for Companies House and HMRC you are missing out on vital information for your business. Quite frankly it annoys the hell out of me
We're preparing accounts for a new client who's been in business for a couple of years as a limited company. When we got her previous year’s information from her last accountant, …

It's shocking!

Do you think you should just 'know' how to run your business? We have to learn how to walk, learn how to drive, learn how to read. Why is it any different in business?
When I first started my own business as an accountant I was shocked in the first couple of years by the number of business owners that didn’t make any money. I got to see their fi…

How Long Have You Been In Business?

What's the cause of business failure? Statistics show 58% of businesses fail within 5 years.
If it’s longer than five years then bloody well done! According to official government statistics 40% of businesses in Scotland fail within 2 years. Within 5 years this has gone u…