accountant

Retail store finds one way of doing things brings success

Sarah and Tim own an independent home entertainment retailer, selling televisions, music systems, phones, computers, games and consoles and other consumer electronics. Having completed their year-end accounts and tax work, the accountant presented the couple with a three-year business performance review, which highlighted three key issues:

Sales had declined year on year
Gross profit […]

By |July 14th, 2017|Business|0 Comments

Wholesale paint supplier and accountant working together drive business to new levels

A local wholesale paint supplier had been a client of their accountant for eight years. The relationship had traditionally been around year end tax and compliance. Two years ago, the accountant discussed the idea of business growth with her client. She said she had been thinking about the business and had run some numbers […]

By |July 3rd, 2017|Business|0 Comments

Interior designer achieves work/life balance with help from accountant

Janet started her interior design business three years ago with a wonderful vision. She planned to work three days a week and help affluent families achieve the home of their dreams by offering her creative services.

 

As happens so often with small business owners, the reality didn’t quite pan out as Janet had hoped. Instead […]

By |July 3rd, 2017|Business|0 Comments

Construction business benefits from understanding the numbers

Stephen runs a construction business specializing in large basements and car parks. The business has been established for 25 years and has grown steadily, with revenue now into eight figures. Unfortunately, profit margins are very slim and last year, Stephen’s business barely broke even and he was unable to draw his usual dividend at […]

By |July 3rd, 2017|Business|0 Comments

How fresh eyes turned a business around

An optometry practice had been trading for over 20 years under a previous owner’s name as their business brand. The business offered a broad range of optometry services in line with most mainstream optometry practices.

CHALLENGE

The business did not stand out in the marketplace. With increased competition, the business was seeing sales decline and the […]

By |June 30th, 2017|Business|0 Comments

The Next Chapter

After 40 years in the industry, May Edwards wanted to sell her small business and transition into retirement.  She was a widow with no family available to support her with this transition.  She had no clear plan and limited documentation to demonstrate the value of her business and its growth potential.

 

Problem

Her problem was how […]

“Stress Free or Stressful” Business Transition to New Owners – It’s a Choice

Blueberry Trailers was established by Jack Jones in 1970.  Since its humble beginnings as a husband-and-wife-based business, the company has grown to manage 30 team members across two factories and build approximately 50 custom trailers per year.

That said, along the way it has had its struggles.

In 2012, Jack suffered a non-fatal heart attack and it […]

By |June 30th, 2017|Business|0 Comments

Traditional Effective Low-Cost Small Business Marketing

This case study demonstrates how Hair Salon owners worked with their Accountant to create an effective low-cost marketing campaign which targeted lapsed and new customers to increase sales.  The campaign was traditional but effective.

 

About The Client

A Client runs a small funky hair salon in New York.  They decided it was time to move to […]

By |June 30th, 2017|Marketing|0 Comments

Barber responds to new competition

Scenario
A well-established barber shop in a small town was hit hard when a new barber moved into the area and set up shop. Having held a monopoly prior to the arrival of the competitor, the barber had become complacent and benefited from false loyalty.  This sense of false security was disrupted by new competition.

The […]

By |June 30th, 2017|Business|0 Comments

IT consultancy works with accountant to turnaround flagging results

Joe is the CEO of a growing IT consultancy providing network management solutions as well as selling and repairing computer equipment out of a retail store. Joe has two silent partners in the business who tipped in some money to get it going.

Joe had grown his team to 25 people. He thought things were […]

By |June 30th, 2017|Business|0 Comments