My mate down the pub said...

OK, time to be blunt! I can do that right? You've been reading the blog a while now & you know I'll tell it to you straight when I need to. So, getting accounting and tax advice from your mate down the pub (or elsewhere) just isn't a good idea. Yes, they might have life experience or have been running a business a long time BUT…

Read More
WHAT IS “BREAKING EVEN” AND SHOULD I CARE?

Breaking even is that point for a business where its bottom line is zero – it doesn’t make a profit or a loss.  Which sounds like an odd number to be important to know for your business, but it really is.  It gives you the target to aim for, to know that it’s the minimum sales target you need to not be losing money that week / month and that once you are above this, you will be making money.

Read More