Ask yourself these questions:
👉Has my business grown in the past six months?
👉Is there a long-term plan to grow my business?
👉What new strategies have been implemented to boost my sales?
If you answered NO, give us a 📞 today.
Hire in-house and your labour cost will be high, growth will be slow and expensive to the business 😢.
Outsourced, and you will significantly save time, reduce costs, gain expertise that will drive the core functions of your business, and help you invest back into your business which will result in growth 🙂.
As part of growing your business, your "cherry-picked" accountant could help by providing greater insight into the data about your customers to help improve and deliver the products and services to meet customer's expectations.
A happy customer is a repeat one and will refer your business to others, which is a win-win for you 😎😎.
Think of Cash as the lifeblood of your business. Without it, your business won't survive because it needs to generate cash from its activities to cover its expenses and grow 🤑.
Cashflow, however, is the oxygen of your business. It is the inflow and outflow of money from your business activities and shows the health position of your company.
Effective human resource management and employee development are strategically necessary to your business growth for the following reasons:
🌟To increase productivity
🌟To enhance group learning
🌟To reduce employee turnover
🌟To encourage initiative
If you are losing money regularly, we recommend using a weekly profit and loss statement so you can keep track of what is most profitable or costly to your operations. This financial statement enables you to analyze your financial progress and it will allow you to quickly make changes to lower or cut costs, that will ensure your company's financial success 😉.
Your business is like a delicate flower that requires lots of nurturing and attention for it to grow. Similar to a flower, it is important that you surround yourself with the right mix of people who will help guide you and keep things structured so that your business grows.
🙋♂️ Ask about our SmartPlanning Service to show you how.
Your confidence in your product or service will determine how successful you will be in growing your business. Be like the peacock, full of self-confidence, and demonstrate integrity in what you do, along with your knowledge of the product or service that you offer to your customers. Ask about our SmartPlanning Service 😎.
Stress in employees can arise for a variety of reasons, connected with the job or the employee's private life. Symptoms of stress in the work environment include:
✔ Nervous Tension
✔ Low Morale
✔ Denial of the Problem
There should be goal congruence within the goals set for different parts of the business so that these objectives can be met.
Characteristics of objectives should be:
✔ Attainable & Relevant
Businesses require information systems for a range of purposes to supporting their operations in:
✔ Processing and Recording Transactions
✔ Control & Decision Making
✔ Performance Measurement
✔ Sales and Marketing
✔ Communication & Process Efficiency
✔ Inventory Management
You need to set budgets to help you determine how to spend and make money and also grow your business. An Accountant or Bookkeeper will help you focus on the standards when your budget is created and maintained because it will have an impact on your employee's behavior, which in turn will affect your business operations.
Start by projecting your sales for the first year, because you have to estimate the amount of traffic your business will receive in a year. Then determine your unit sales, and finally, multiply them by the prices you will charge. This will equal your company's overall revenue.
📷 instagram page for more details.
Every business owner should consider the current economic environment to put their organization's performance into context. Some of the external factors that should be considered are:
✔ Economic Growth
✔ Local Economic Trends
✔ Inflation, Competitors, Interest Rates
The assessment of Economy, Efficiency and Effectiveness should be a part of the normal management process of any business. Management should carry out performance reviews as a regular feature of their control responsibilities.
📷 instagram page for more details.
Operating a business has its challenges, but it's important to keep your company accounting and bookkeeping records up-to-date. It will tell you the direction your business is going.
As you grow your business, listening to feedback from your customer base is crucial. Customer experience has a domino effect. If you do it well, you will see a boost in sales.
Being flexible allows you to be a better listener to your customer base, be adaptable to change, and always be ready to embrace what’s next. This will keep you ahead of the game.
There are opportunities in every business for growth and we have a wealth of knowledge and experience from working with clients in different industries.
We will advise you on tax savings, provide cashflow forecasting to help you identify opportunities and areas to take action on quickly, free up your time, and set up KPI reporting that allows you to see how your business is performing over time, so you can make better decisions to grow your business.
"BondEsq Services has helped us streamline our accounting practices and change the financial landscape of our company."
"Thanks to BondEsq Accounting Services we now have financal data that let us control our destiny as a company."
"What truly impressed us was that they work steadily with us and point us in the right direction to secure a loan for our business."
"For us to grow to the next level, we needed to rethink our strategy and BondEsq services was instrumental in our growth and success."