Isn’t That What I Pay My Accountant For?
Yes, to a point. Your accountant is an important component of your business and his/her accounting skills and business advice are essential to the running of a stable, secure and profitable business. But your accountant will not be standing beside you on a daily basis when general business decisions need to be made.
Deciding whether or not to grant credit to an important customer.
For some businesses, a slow paying debtor who accounts for a significant chunk of the turnover can spell ruin. Do you know what an aged debtors report is and can you quickly determine what your customers payment history is like?
A supplier has an incredible cash only deal on a piece of equipment that you’d love to have.
Are you able to prepare and read your cash flow statement? A great cash deal now could wreak havoc with your cash-flow and cause you to miss some customer delivery deadlines.
It’s true, the ‘best’ of businesses will struggle and stumble all for want of a better understanding of the mechanics of their accounts. But accounts just like mechanics is a nuts and bolts kind of thing. Learn how it’s put together and you’re on the road to a better understanding of what makes your business tick.
Learn the accounting basics in just 40 minutes with Account-Ability
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What some business owners are saying about
I’m just thrilled with the results. Account-Ability has helped me get to grips with the basics of my accounts. I’m in a much better position as I actually undertand the key aspects of my accounts.
I knew that this ecourse would teach me something but I was unprepared for how much I took from it. I’m pretty good at what I do but I had no formal trining in accounts. Account-Ability has helped me no-end and for that I’m grateful.
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Account-Ability Was Designed and Produced With Small Business Owners In Mind