WEBINAR
Accounting and bookkeeping for SMEs
Michael AustinBlue Dot Consulting Limited
Posted: Thu 7th Nov 2024
Running your own business is great but you also need the numbers, even though numbers aren't for everyone.
Start with:
How much profit are you making?
What does your cash flow look like?
Who owes you money?
Who do you owe money to?
How much tax will you pay?
This video summarises what financial information you need and how you go about producing it.
Relevant resources
Michael AustinBlue Dot Consulting Limited
I work with the MDs of SME businesses and help them improve profitability and cashflow through common sense financial management.
I focus on the following areas:
profit improvement
cashflow
good bookkeeping
understandable financial information
embracing useful technology
Get these right and you have a good foundation to grow profitably in the future.
I'm the founder and MD of Blue Dot Consulting Limited, a chartered accountancy practice in South West London which I set up around the turn of the century.
I've never hired colleagues who have only worked in accountancy firms, preferring the real-world experience of finance profesionals who have worked in real businesses - perhaps like yours.
Much of what I've seen and learned over the years is reflected in my blog. You won't find much that's typical accountanty stuff on there - but you might find one or two things that are helpful.
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