• Decoding Profit Margins: Roofing Edition

    In the complex world of roofing, understanding the nuances of profit margins is vital. It’s not just about bringing in revenue; it’s about comprehending where the money goes once it comes in. By breaking down primary cost drivers and leveraging tools for tracking, roofing companies can optimize their operations for increased profitability. Here’s a deep…

  • Importance of understanding your numbers to achieve growth

    Understanding your numbers is crucial for growing your business because it provides you with valuable insights into your company’s financial health and performance. By analyzing and interpreting your financial data, you can make informed decisions about how to allocate resources, where to invest, and how to adjust your strategy to maximize profits and reduce costs.…

  • 10 ways to stand out from the competition

    10 ways to stand out from the competition

    In today’s competitive world, standing out from the crowd is crucial if you want to advance your career or grow your business. To differentiate yourself from the competition, you need to develop a unique set of skills and a strong personal brand that sets you apart from your peers. Here are 10 ways you can…

  • Why Management accounts are beneficial:

    Management account help you gain further insight into your business and understand your numbers. A well-known quote states “If you don’t know your numbers, you don’t know your business”. A good set of management accounts will consist of the following items: A profit and loss statements, cashflow Statement and balance sheet with supporting documents showing…

  • How well do you know your numbers?

    How well do you know your numbers?

    Well where are you right now as a starting point, how many of these do you know? 1. How much PROFIT did you make last month? 2. What’s BREAKEVEN for your business? 3. What’s your GROSS MARGIN? 4. What’s your OPERATING CASHFLOW so far this year? 5. What was your COST PER ACQUISITION last month?…

  • 7 Reasons Why Cloud Accounting Software Means Less Stress for Small Business Owners

    Small business owners are busy people – but we probably don’t need to tell you that. When you have a lot on your plate, the last thing you want to worry about is accounting and bookkeeping. Fortunately, that’s where accounting software comes in handy. Cloud accounting software can automate many of the tasks that are…

  • 4 Simple Ways to Save Money for Your Small Business Today 

    Every small business owner would like to save money, but it’s often easier said than done. Furthermore, when cutting back on costs it’s crucial to consider the impact it could have upon your small business. Fortunately, we have four simple ways to save money in your small business without damaging your output (or sacrificing your…