Business tips: Creating a plan for your exit strategy

Business tips: Creating a plan for your exit strategy

SOS Bookkeeping know that exiting your business is a big commitment. You’re leaving behind everything you’ve built up, so it’s vital that you have a plan of action and a clear route to your end goal. This means sitting down with your advisers to create a long-term...
How balance sheets help your business

How balance sheets help your business

SOS Bookkeeping believe that understanding the story your balance sheet tells about your business is vital to your businesses success. It’s important you understand the components of your balance sheet and the key ratios that measure the health of your business....
Tips for Getting Rid of Excess Stock

Tips for Getting Rid of Excess Stock

It is a general complaint we hear at the SOS Bookkeeping office from our retail clients that operate small and medium sized businesses. Having excess stock will not only take up precious backroom or shelf space but can also tie up capital and can keep you from...
Managing employee leave for your business

Managing employee leave for your business

SOS Bookkeeping understand that managing employee leave might seem like quite a basic task for many businesses – especially smaller ones with only a few employees – and it can be tempting to take a relaxed approach.   But unless you diligently track, manage, and...
Ideas for charitable corporate gifts this Christmas

Ideas for charitable corporate gifts this Christmas

With the Christmas season just around the corner, SOS Bookkeeping believe that it’s nice to acknowledge your suppliers/business partners and say thank you for another year of great service. But what corporate gifts can you send that avoid the usual cliches of Yule...