Avoiding Bad Debt Mistakes. 78% of UK SMEs that are owed money are being forced to wait at least one month beyond their agreement terms before being paid. Effective debt management is crucial to avoid business failure One of the most critical yet often overlooked factors contributing to business failure is the accumulation of bad debt. [...]
Enhancing Business Health Through Key Financial Ratios Background: In the highly competitive landscape of small and medium enterprises (SMEs), the difference between thriving and merely surviving often lies in the ability to make informed financial decisions. This case study explores how a hypothetical company, GreenTech Innovations, navigated through financial uncertainty by leveraging key financial ratios. [...]
Use Your Executive Team's Time Wisely Well-paid executives spending time on bookkeeping? If that’s happening in your company, then maybe it’s time to do the maths (‘scuse the Americanism) on how their expertise could be better used to help your business grow. Pinpointing below (pardon the pun) why not having professional bookkeeping, either on your [...]
Flinder Take The Piste Week 2024. With 48 hours’ notice and a couple of phone calls, I found myself taking part in the recent Flinder Take The Piste Week 2024in Morzine. This unique event brought together brilliant financial industry pioneers, providing an unparalleled opportunity to absorb insights and connect with like-minded professionals. [...]
Get off to the right start in 2024 with Pinpoint Bookkeeping It's a process, not a one-time event. Blue in the face stuff here but I can’t emphasis enough how maintaining a healthy financial position for your business requires commitment and discipline. As we head towards 2024, it's the perfect time to [...]
Justine Marshall, Bookkeeping Services in Glasgow, My Story, Part 1 As we are living in the digital age and the opportunities to be face to face with people seem to get less and less, I thought I would use LinkedIn to introduce me, Justine, owner of Pinpoint Bookkeeping Services in Glasgow. Although some may call [...]
