A good accountant can be worth his weight in gold, for example completing VAT returns quickly. Businesses that are doing well are thousands of moving parts, which all happen simultaneously, and are very difficult to keep track of all of the time for the average business owner.
A business owner is always going to do what got the business to a profitable position in the first place. That may mean that much of his or her time is spent mingling with customers, working on advertising, or whatever activities made the business successful.
This is why the business owner hires an accountant, to keep the day-to-day books in order to have a live record of what is happening to the money. The accountant is in a perfect position to not only keep track of things, but to also be on top of money saving ideas that are only seen by him or her.
Take for example, taxes at the end of the year. A good accountant will organize your business items that can be deducted. Instead of just throwing receipts in a drawer, it might be a good idea to keep copies of the receipts electronically, and use a system that automatically organizes them into categories so they will readily be available at tax time.
Cost control is another area that a good accountant will be able to police and give good advice as to what expenses to reduce and where to find better bargains for supplies, for example. As the accountant sees the operation of the business from the financial side of things, he can be better able to keep track of the expenses.
Cash flow advice is a critical factor in any business, as it is important to have enough cash on hand to be able to take advantage of discounts when paying bills and getting good deals on inventory purchases. A good accountant can be instrumental in helping to plan properly so that cash flow makes cash available when it is needed the most.
Business planning is another area where an accountant can be very helpful. Most accountants have worked with businesses at all level, from startups to those that flourish, and those that don’t. How to structure a business is vital.
Of course, tax planning and knowledge of regulations is extremely important, and your accountant will know how to handle all of the phases of tax, from payroll to filing income taxes. Saving taxes is a big factor in any business success, and a good accountant will shine in this area.
Customer relationship management software, such as that offered by Salesforce, is incredibly powerful and is a great way for companies to improve the quality of the service that they offer to their customers.
While most small businesses can get away with providing ad-hoc service, answering questions when they come in and keeping track of their customers in a simple spreadsheet, things become much more difficult when you are looking at a rapidly growing list of customers. The more customers you have to deal with, the more chances of queries going missing and mistakes being made, and the clearer the value of customer relationship management software becomes.
Software for Smaller Teams
There are a lot of different tools on the market today – some of them are perfect for smaller teams, while some are designed for massive enterprises. For example, the Infusionsoft CRM tool is good for small and medium sized marketing teams that want to track the relationships that they have with customers from the very first contact all the way through to the eventual conversion. These tools work well for a range of industries, with templates for everything from health care to hospitality.
Sage’s CRM tool is perfect for providing scalable customer relationship management solutions that will grow with your business. It is designed to be affordable and easy to use, and can be expanded as your company’s needs expand.
There are many other CRM providers – ProspwerWorks offers cloud-based CRM solutions that can integrate multiple sales pipelines ensuring a smooth and efficient customer service experience for all customers, and Bullhorn CRM is a mobile-workforce friendly solution with a powerful, open API.
There are also other simple, dedicated open source systems for support tickets that can be useful for managing customer service on a smaller scale.
If you have not yet deployed a customer service tool for your business, it is definitely worth considering introducing one. The short-term training overhead and integration period for your staff will rapidly pay off in terms of increased customer satisfaction, improved conversion rate, and longer customer lifetimes. Given the competitiveness of the economy today, you cannot afford to be seen as being behind the competition when it comes to intangible things such as customer service – it is those things that make the biggest difference to how loyal your customers are and how strongly they advocate for your brand.
At some point in life, almost everyone will require the services of a legal professional to help in some way. The past few years has seen the emergence of high street solicitors. They are there to specialise in matters pertaining to lifestyle changes and to offer accessible, friendly services to local clients.
High street legal services can help with a number of areas, but the most popular are employment law, family law and property law.
Those offering assistance with employment law in all locations across the UK including solicitors in Romford will have fully qualified members of staff on hand to offer advice and guidance and to build a case on behalf of their clients.
Employment law is extensive and covers areas such as redundancy, tribunals and reaching Settlement Agreements (formerly known as Compromise Agreements). They can also help if you feel you have been unfairly dismissed or have suffered discrimination on the grounds of race, religion, disability, sex or sexual orientation. Being put in a position where job loss occurs is difficult enough to cope with, but when it’s taken place in unfair or illegal circumstances can make life very challenging and this is where employment law specialists will step in and help.
Relationship breakdowns are emotionally draining for all involved – adults and also children.
Family solicitors will take on the role of offering support and advice to help through this time of life and to then help with the family being able to move forward; having a much brighter future.
High street family law solicitors will be able to help with the following situations:
– Divorce law assistance
– Issues with children such as custody
– Finances after a separation
– Domestic abuse
– Relationship break up; civil partnerships for example
– The beginning of a relationship; legal rights when wanting to live together
Whether it’s regarding buying or selling, property lawyers will be needed. They can also assist with issues such as boundary disputes or the inheritance rights of a home.
Property lawyers who work for a high street firm will be able to take their clients through every step of the process, in a way that can easily be understood.
They will be there to help with any questions regarding process or why there are delays. When buying or selling a property, a good property solicitor will also be an excellent communicator that won’t leave the client trying to second guess what is happening. They will also explain documentation that needs to be signed so the client has no concerns about what is happening.
High street legal services exist because they believe that access to law specialists should be available to everyone and at a reasonable price.