It’s a pretty small increase but increasing your prices by 2% will increase you turnover, your profits, and your cash.
Reducing your costs by 2% will increase your profits and your cash.
Increasing your clients by 2% will increase your turnover, profits, and cash.
This is the sort of thing that we identify when we carry our Clarity reviews for clients. We hook Clarity HQ software up to Xero etc to see where they are today and then play with scenarios to improve the business’s profitability, cash, valuation, and efficiency. But we’re not the sort of accountants who just tell you what you need to do, our business advice goes much further.
We advise on how to do it and help clients by agreeing an action plan, any additional support they need (from us or our network of associates), and accountability to make sure that it gets done.
Tech does so much of the day to day work which means that accountancy has moved on and isn’t just about measuring last year’s numbers. Instead of number crunching we like to CHANGE THE NUMBERS.