The Profit & Loss (P&L) is one of the key monthly management reports which tells you how you are doing financially, for a month and for the year to date. It can help you see if you are on track to make a profit for the year, and show you areas to look at inContinue reading “Understanding Accounting & Finance, Part 2 – The Profit & Loss Report.”
Author Archives: Kim Masters
Make Peace With Money Tools – Tapping (EFT)
I use a number of tools in my work of helping people Make Peace with Money, and I want to share a bit about each one so that you have an idea of why I use them, and most importantly, how they work. The first tool to tell you about is called Emotional Freedom Technique (EFT) or Tapping. I discovered tapping almost five yearsContinue reading “Make Peace With Money Tools – Tapping (EFT)”
Is Your Business Ready for the Scrutiny of the Digital Age?
One of my clients is currently going through an external audit (I can hear the collective groans from here…..) and it is the usual thankless process of answering the long, almost never ending, list of queries from the auditor. Audits seem to take up so much time and expense, but why is that? What ifContinue reading “Is Your Business Ready for the Scrutiny of the Digital Age?”
Understanding Accounting & Finance, Part 1 – Introduction.
Some industries make use of lots of technical terms, and accounting and finance is one of the main culprits, it’s up there with IT. Whilst you may be able to get away with not understanding a lot of the technical jargon (especially where computers are concerned) when running a business, accounting and finance is anContinue reading “Understanding Accounting & Finance, Part 1 – Introduction.”
Can We Make Our Own Rules In Business?
There is the standard check-list of things to things to think about when running a business, including staff levels, training, sales and marketing, finance and IT to name but a few, but what if you have all of this in place and are still struggling; could there be something else stopping your business from beingContinue reading “Can We Make Our Own Rules In Business?”