Annual Accounts are useless – they only give you annual information and that information is often received 6 months after the year-end, so what use is that?
Instead, spend your money on Management Accounts and learn how to build a profitable business so you extract more cash.
Know how to look at your monthly profit and loss, your naked set of accounts that show you what is really happening within your business. Know your numbers and let them drive your management decisions – this is why management accounts are called management accounts, they let you manage and hold the management accountable for the results.
And this is why we never change for Annual accounts, they’re of no value to anyone, except the tax man.
Be smarter, spend your compliance money on data that can make a difference.
Start by looking forward to where you want to be. To help you get there, we have a free business plan template for you to complete.
Document where you want to be and how you're going to get there.
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