Clients regularly ask me, “Garry, what should I charge for X?”… …X being their flagship product or brand-new service. I think they expect me to peer into their accounts – almost like looking into a crystal ball – and come up with the “correct” answer. I hate to disappoint them… There is no formula that […]
Tag archives: outsourced financial management
Why you shouldn’t rush to replace your accountant
A few years ago, an organisation I know lost its financial director. When they went through his files, the other directors were shocked to discover that none of it made any sense… At least, none of it made any sense to them. The company’s financial information was recorded and organised in a completely idiosyncratic way. No […]
Can’t pay massive salaries? Do this instead
In my last blog, I mentioned that one of the railway companies I’m involved in lost their chef… He was poached (no pun intended) by another company, which doubled his salary. It not an unusual story right now. The labour market is quite unstable and lots of companies are experiencing staff shortages at all levels, […]
This trend will hurt you if you don’t watch out for it
I was speaking to the owner of a beauty salon, who was trying to hire an aesthetician. “Even if I set up interviews with them, they don’t turn up,” she told me miserably. “I can’t get staff for love nor money right now.” I’m hearing the same for many business owners across a range of […]
A cautionary tale from LinkedIn
Over the past few weeks I’ve become a lot more active on LinkedIn. I’ve noticed an enormous improvement in the quality of the posts since I was last heavily involved on the platform, a few years ago. There’s still a bit of boring, salesy material. But there are also a lot of people sharing knowledge, […]
New Interview with Paul
How important is having a good accounting platform for your business? For Paul Goodman it was critical. Earlier this year, he was appointed Finance Lead for Narrative Entertainment UK, a major new company in the broadcast industry. He was tasked with finding an outsourced finance department that could help them implement excellent financial systems and […]
Falling behind (without realising it)?
Over the past 15 years, lots of professions have changed dramatically. For example, being a journalist in 2021 is very different to being a journalist in 2006. Thanks to the Internet, journalists have to publish their reports much faster… They need to pay attention to videos and tweets posted in real-time by regular citizens on […]
