The right way to start a business

I imagine that everyone has at some point contemplated starting a business of some kind or other; either spurred by a detailed and analytical diagnosis of current market trends or having a cool idea whilst sat in the pub.

The good news is that a lot of the best business ideas have come from impromptu ideas, although equally a lot have come from months of tireless and expensive consumer research too. Ultimately, it doesn’t matter where the idea has come from – what matters is that you know what to do with it.

start a business

Ideas

You must have something to offer which is not currently available. If there is already a market for it then your idea has to be significantly better, simpler or cheaper. You will not be able to take on Nike or Microsoft overnight so regardless of how good your idea is, be prepared for a long journey and look for niches to target to get your foot in the door. Continue reading “The right way to start a business”

Factors to consider when switching your Accountant

If you are self-employed already you will know the value of having an accountant and if you are about to start working for yourself, you will soon become very familiar with the sound of your accountants voice.

Having an accountant who is right for you and your business can mean the difference between doing OK and fulfilling your true potential. Often considered as a passive partner simply responsible for number-crunching, an accountant can have a truly significant impact on your success.

Accountant

Unfortunately, its all too easy to simply stick with the accountant you have, just because its easy. But if you don’t feel like they really understand what you and your business are trying to achieve, perhaps its time to consider a switch.

We run through some of the factors you should bear in mind when you are looking for a new accountant.

Relevant experience

Not all construction workers are the same: there are electricians, plumbers, carpenters and plasterers and many more types of specialist knowledge too. No-one expects a construction worker to understand every aspect of another persons expertise; the same principles apply to accountancy too.

Whilst all accountants certainly have a grasp of the basics, there are many different types of accountancy. Finding a firm that can offer you the right experience is vital if you are to get the most out of your business. Continue reading “Factors to consider when switching your Accountant”