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Thinking of changing accountant but worried that it is too hard?

Thinking of changing accountant but worried that it is too hard or you are too busy I have seen this regularly, you are comfortable with your current accountant, they are not doing anything wrong as such, the accounts are submitted on time and you are compliant. But it has been playing on your mind that …

You use Xero in your gym business, so do you really need an accountant?

Do you really need an accountant for your gym business if you use Xero? So, you have cloud accounting software in your gym business, your bank (or gym management software) feeds into the accounting software and the software makes suggestions for where to reconcile the bank. Therefore you feel like an accountant is a waste …

More money for your business – tax savings during covid 19

More money for your business than you know Even with a little glowing light at the end this unimaginably long tunnel, it does feel like for 2021, things just managed to get worse. But we’re not here to spread doom and gloom. We want to bring hope and open your eyes to options that until …

7 signs that your business is leaking profit

7 signs that your business is leaking profit …..and you need to hire an accountant 7 signs that your business is leaking profits and you need to hire an accountant.   Accountants play an important role at various stages of the growth of your business. They can handle much more than just your payroll and tax returns. So, when should you consider hiring an …

Management Accounts – what are they and do you need them?

Management Reporting – What is it and do you need it?  As a limited company you know that you must file a set of accounts every year, it is a statutory requirement and something that doesn’t seem to provide you much value. You cannot make proactive quick decisions based on historic data that is now probably …

How can gym management software help your business grow?

How can gym management software help your business grow?  Whether you own a fitness facility or are considering opening one, choosing the right gym management software is key. Gym management software is not only for gyms but also, fitness studios, clubs, PT’s, dance studios, yoga studios, personal trainers etc.   It offers an all-in-one software solution to run your business efficiently. As a fitness entrepreneur you often end …

Why a cheap accountant is not the answer to your dreams!

Why a cheap accountant may not be the answer to all your dreams!  So you have decided to delegate your business finances, this can be quite daunting as you might feel like you are losing control. You need to trust the person you are passing the baton to, trust that they will do a good job, keep you …

How to get the most out of Xero from the start.

When you start using Xero, you’ll wonder how you ever managed without it.  We’re big fans here at Southbourne Accountancy and know how happy clients are when they can see their cash flow situation whenever they want, send online invoices, pay bills and run their businesses more effectively.  While we set up the basics for …

Is forecasting still relevant in uncertain conditions?

If you are always looking in the past, you will limit the insights you can gain. Forecasting switches your focus; it encourages you to take a forward-looking view of your business and to look down the road to identify your future threats and opportunities. This enables you to proactively create a plan for your business’ …

8 things to outsource in your business

Top 8 things to outsource in your business  Are you looking to scale your business? Then you will need to work more “on it” and less “in it”. Thanks Michael E.Gerber for that snippet of advice! But how can you do that if there are only 24 hours in a day? You need to find a way …