ST Consultants’ Post

🧐 Did You Know? Nearly 29% of small business owners don’t keep track of their financials—a surprising stat from a SCORE survey! This means almost one-third of entrepreneurs are missing out on crucial insights that could make their businesses more successful. Keeping tabs on your financials isn’t just a “nice to have”—it’s essential for avoiding cash flow hiccups, unexpected costs, and missed growth opportunities. At Delightful Digits, we believe every business deserves to operate with confidence, armed with the knowledge that comes from sound financials. If bookkeeping has been a challenge, you’re not alone—and you don’t have to do it alone, either. Our services at Delightful Digits are designed to make staying on top of your numbers stress-free so you can focus on what matters most: running a successful, thriving business. 👉 Don’t let financial oversight hold you back! Send me a DM to book a FREE consultation with us and start your journey to financial clarity. #SmallBusinessFacts #FinancialHealth #DelightfulDigits #BookkeepingSupport #FoodAndFinance #RestaurantSuccess #BusinessGrowth #FinancialClarity #CashFlowManagement #StressFreeFinances #BusinessFinance

💼✨ Ready to level up your business game? Let's talk about the not-so-secret weapon: budgeting! 🧩 Think of it as your business's GPS. 🌟 It tells you where you are, where you're going, and the best route to get there – minus the traffic. 🛣️ Imagine your finances as a party 🍾 (who doesn’t love a good party?). But wait, is it a classy cocktail party or an all-out rave? Only your budget knows. 💃🕺 By planning, you decide if it’s finger sandwiches or a chocolate fountain. 🍫 So, grab your spreadsheets, your calculators, and maybe even a cup of coffee ☕, because it's time to add some structure to that creative chaos! 📊 After all, the most successful entrepreneurs aren’t just dreamers; they’re master planners who make every dollar count. 💸👊 Got a budget tip that’s helped you thrive? Share it in the comments below! 📢👇 Let's build an empire, one smart spending decision at a time. 🚀👑 #BusinessBudgeting #PlanningSuccess #SmartSpending #BuildYourEmpire Want more help with cash flow? Click the following link to download 5 Steps to Secure Cash Flow: https://bit.ly/4ckYa5l #foundationacs #slc #utah #accounting #bookkeeping

We're excited to recommend a Carthy Book Club great read for our business network today: PROFIT FIRST by Mike Michalowicz Transform Your Business from a Cash-Eating Monster to a Money-Making Machine What if, rather than serving your business, your business served you? Michael Michalowicz has delivered a compelling business strategy in Profit First, providing a simple yet counterintuitive cash management system that enables small businesses to break free from financial struggles and achieve immediate profitability. With practical advice, actionable steps, and case studies, Michalowicz illustrates how business owners can take profit first and use only what's left for expenses. Like limiting food portions with smaller plates, this approach encourages financial discipline, ensuring businesses generate consistent profit while paying invoices and taxes. The Profit First method simplifies the accounting process, making it accessible even to those who prefer to glance at bank balances instead of spreadsheets. By categorising finances into separate ‘buckets,’ or bank accounts, for different expenses, business owners gain a clearer picture of their finances at a glance, helping them and prioritise their profit, making sure they get paid first. Whether you're a startup owner or an experienced entrepreneur struggling with financial organisation, Profit First is a valuable read that will help you create a more profitable business. Its clarity, practicality, and transformative impact make it an essential resource for business owners at any stage. Get the business you want. Call 01785 248939 or visit our website carthyaccountants.co.uk. #bookclub #morethanaccountants #mikemichalowicz

Here’s why teaming up with me is a game-changer: - You'll enjoy the peace of mind that comes from knowing your finances are in good hands. - No more accounting jargon or complicated processes; we keep things simple and straightforward. - We're here to make sure you're not just surviving but thriving, with more peace of mind and less to worry about. Plus, you’ll have more time to spend focusing on what you love, growing your business, and spending precious time with family and friends. Let’s team up and transform your business finances! Schedule a call to get started today! . . . #TaxResolution #TaxPlanning #IRSRelief #TaxStrategy #LifeInsuranceSales #AnnuitySales #RetirementPlanning #WealthManagement #TaxConsulting #houstonsmallbusiness #houstontaxadvisor #houstonaccountant #houstoncpa #Accounting #Bookkeeping #CloudBookkeeping #BusinessOwner #EntrepreneurLife #Entrepreneurship #SmallBiz #TaxTime #TaxTips #TaxHelp #fullscaleaccounting #houstonbookkeeper #texasbookkeeper #texasaccountant #powellunitedfinancialservices

Every business owner dreams of success, but the road is often filled with challenges—especially when it comes to managing finances. This is the story of an entrepreneur who learned that avoiding professional help can lead to uncertainty, but finding the right guidance can turn everything around. At a networking event, I met a passionate business owner who admitted to putting off reconciling six months' worth of receipts and invoices. When I asked if he had an accountant, he told me that his "mate," a qualified accountant, was handling it on the side at a discounted rate. He thought he was saving money—until I asked, “How’s your business doing? Are you on track to meet your goals?” His confidence faded, replaced by uncertainty. The truth was, he didn’t know how his business was really doing. Without proper bookkeeping and professional advice, he had no clear picture of his cash flow, profitability, or whether he was meeting his targets. This uncertainty was holding him back, preventing him from making informed decisions. This isn’t uncommon. Many business owners think they’re saving money by relying on friends, family, or even handling finances themselves, but this often leads to confusion, mistakes, and missed opportunities. I explained that without a professional accountant or bookkeeper, his business wasn’t a priority for his mate. He wasn’t getting the support, advice, or insights he needed to make decisions that would drive his business forward. I suggested he invest in a professional accountant—someone whose job is to ensure his finances are in order, providing regular updates and actionable insights. It might seem like an added expense, but the clarity and direction it brings are invaluable. By engaging a professional, he’d see where his money was going, understand his cash flow and profitability, and have a clear picture of his financial health. For the first time, he could make informed decisions with confidence. This story is a reminder: Don’t cut corners with your finances. The clarity, confidence, and insights from professional help are worth every penny. #BusinessSuccess #EntrepreneurLife #FinancialClarity #ProfessionalAdvice #SmallBusinessTips #BusinessGrowth #InvestInYourBusiness #AccountingMatters #FinanceTips #EntrepreneurJourney #BusinessOwner

Started my day at a vibrant co-working and networking event with Helen Loder in Sevenoaks! ⁣ ⁣ It’s energising to connect with fellow entrepreneurs and dive into discussions about the challenges and triumphs of business ownership. ⁣ ⁣ As an accountant, these conversations often turn to financial worries and “what-ifs.”⁣ ⁣ I was very pleased that my client Marie Brown was there too; she even helped me sort out a tricky issue with my website!⁣ ⁣ Here’s something I’ve noticed: The biggest mistake business owners make is thinking they need to wait for the “𝗿𝗶𝗴𝗵𝘁 𝘁𝗶𝗺𝗲” to outsource their finance function. It’s like planting a tree 🌳 — when’s the best time? 20 years ago or today?⁣ ⁣ 🚫 Don’t put off essential financial planning. Waiting too long could mean hitting unexpected snags, like surpassing VAT thresholds or facing a sudden, hefty tax bill.⁣ ⁣ Why not start today? Book a chat with me, and let’s ensure your finances are in order so you can focus fully on growing your business.⁣ ⁣ Do you co-work? What’s essential for you there? For me, it’s coffee and WiFi. They once turned off the WiFi to vacuum, but we quickly got it back. Good thing I didn’t rush to replace my laptop! 🤣⁣ ⁣ #Accounting #BusinessGrowth #Entrepreneurship

Magic 8 Ball says: 'Focus and Ask Again!' CEOs and entrepreneurs, you demand the highest standards in performance and customer service. But what about your accounting? If your financials are always: ·      Out of sight, out of mind ·      Questionably accurate ·      Never on time (end of month or later) It’s time to take action! No CEO should go it alone. You need a CFO and accurate bookkeeping to ensure your business thrives. I hold myself to the same high standards you expect in every part of your business. No more excuses for poor performance in your accounting. Ready for accurate and timely information to improve your business? Let’s chat! #FinancialExcellence #CEO #Entrepreneur #CFOservices #AccurateBookkeeping #NoExcuses #BusinessGrowth #AccountingMatters

🎯 Business Owners: End 2024 Strong! Critical year-end checklist: 📊 Reconcile accounts & track expenses 📑 Gather tax documents 📈 Review annual goals & metrics 🎯 Draft next year's strategy ⚙️ Update systems & processes Pro tip: Schedule time with your accountant NOW to avoid the year-end rush! Let's make Q4 count! P.S. If you need your bookkeeping cleaned up for 2024, get with me now. As a bonus we will do December 2024 books and you will get a strategy session and report. Vivacious Professional Services ®️ #BusinessSuccess #YearEnd #SmallBusiness #Entrepreneurship

I know exactly what it feels like to be a struggling business owner - because I was one. I began my business journey at a young age, eventually branching out into owning multiple shops, importing goods. I was a one-man army, but I realised I was limiting how far my businesses could go. After I experienced bankruptcy, I built my business, Accounts Direct, up from the ground. I started anew, creating a scalable and sustainable company that would help others who currently are where I was - providing them with the support they need to thrive. With proper bookkeeping and financial planning, business have the stability and clarity they need to continue building. 🌐 www.accountsdirect.uk #ukaccountant #accounting #accountant #accountingservices #accountingtips #accountingfirm #accountingandfinance #manchesterbusiness #entrepreneur #businessgrowth #success #accounting #accountancy #businessgoals #manchester

I asked small business owners one simple question: "What early bookkeeping mistake will you never make again?" The result: Four profound mistakes every entrepreneur should avoid in their respective businesses. Let's dive in: Mistake 1: Neglecting to keep a thorough record. Too often, small business owners choose to keep minimal financial records. Instead, every transaction, no matter how minute, should be accurately recorded. This is what ends up making the biggest difference. Mistake 2: Mixing personal and business finances. A good business owner can separate their personal funds from business income. A bad business owner can mix the two, creating financial chaos. But a legendary business owner can keep them separate and streamline the business operations. Mistake 3: Not planning for taxes. Until you've paid your first heavy penalty, don't take your eye off the ball. "By failing to prepare, you are preparing to fail." - Benjamin Franklin. Mistake 4: Ignoring the importance of cash flow. Traditional wisdom says "Profit is king." But that's only true if you don't do two things correctly: - Managing your payments. - Keeping track of your receivables. Then, maintaining a healthy cash flow works great. As a small business owner, what's the bookkeeping mistake you've learned the most from and will never repeat? #SmallBusiness #Bookkeeping #Entrepreneurship #BusinessMistakes