New figures just released reveal that the number of companies formed in the UK reached a record high in 2018, writes John Korchak. On a national level, there were a record-breaking 669,855 companies formed – up from 634,116 in 2017.…
Category: Growth & Tech
2020 or 20/20 what will be your Practice Focus
Mark Lee explains how you can best prepare your practice to deal with the challenges that lie ahead Normal vision is often described as 20/20. Next year is 2020, so what is it normal to be planning for 2020? Those…
No Two Websites are the Same But they Probably say the Same Things
Patrick McLoughlin explains how you can differentiate your accountancy firm from the competition Here’s a challenge for you. Pull up your website and then open a couple of new tabs and pull up the websites of two of your competitors.…
Video Marketing: It’s not A standalone Solution
Nick Lewis explains why video marketing is an important tool for accountants wanting to get ahead When it comes to marketing, the printed word is in the descendant as more people embrace the audio-visual to get their message across to…
Mobile Tech is at the heart of the Digital Economy: 10 Facts why
Here are 10 need-to-know facts for accountants working in the digital age The top-level findings of the industry’s leading annual mobile insights report, ‘State of Mobile 2019’, suggest that there is no longer any industry or company that can afford…
Selling Your Practice? It’s all about the Selection Process
Lucinda Kitchin looks at why participation in the selection process is important when it comes to the purchase of goodwill The process of the mergers and acquisitions of accountancy practices is like a match-making service. helping compatible buyers and sellers…
LLP SORP: The Revisions Effective Period Commencing 1st January 2019
On 14 December 2018, the Consultative Committee of Accountancy Bodies (CCAB) issued a revised Statement of Recommended Practice – Accounting by Limited Liability Partnerships (LLPs SORP). The SORP has been amended to reflect the changes made to FRS 102 The…
Effective Selling Isn’t Doing All The Talking Yourself
In the first of a two-part series, Phil Sayers explains how you can develop those all-important soft skills As an accountant, you may not think of yourself as a sales person, but there are certain sales skills you need to…
BFP: A New Qualification For Small Practice Staff
A qualification for business ICAEW’s Business and Finance Professional qualification might be exactly what you need to boost your practice’s reputation In a fast-moving, complex environment, business needs have become increasingly demanding and clients’ expectations are higher than ever. While…
Is Running a Business a ‘Juggling Act’?
Running a business is a circus of a different kind, says iwoca’s Richard Sutton Why did iwoca surprise commuters at Manchester Piccadilly station with a flash mob-style juggling act, highlighting the daily hassles facing the owners of Britain’s 5.6 million…