by splash | Sep 29, 2022 | Practice News
SOS Bookkeeping know that turning a profit is at the heart of running any successful company. But should profits be the only financial focus if you’re looking to create a stable, long-term business? SOS Bookkeeping understand that cashflow is the beating heart...
by splash | Sep 27, 2022 | Practice News
SOS Bookkeeping understand that optimism among business owners was high coming into 2022. But a number of factors are now making things a lot more challenging: Global events are pushing up energy prices to astronomical levels. Ongoing supply-chain issues are making it...
by splash | Sep 22, 2022 | Practice News
SOS Bookkeeping understand that making your business stand out in a crowded market can be a challenge, but differentiating your business will be key to attracting the right customers and giving them a reason to choose you over a competitor. SOS Bookkeeping believe...
by splash | Sep 20, 2022 | Practice News
Generally speaking, an exit strategy will be put in place years before your planned exit date. This gives you time to work on your sale plan and deal with any succession issues. SOS Bookkeeping know that a clear exit strategy gives you the time needed to add...
by splash | Sep 15, 2022 | Practice News
SOS Bookkeeping understand that whatever your sector, niche or marketplace, there’s almost certainly going to be other competitors in that space – but do you know who they are and what threat they pose? Are you the only provider of your specialism, or are you one of...
by splash | Sep 13, 2022 | Practice News
SOS Bookkeeping will discuss how your profit and loss statement (P&L) helps you understand your business performance and profitability over time. It’s sometimes called an income statement and its main purpose is to list income and expenditure. Whereas a balance...
