Category: Business

We purchase tools to make a job quicker, easier, and ensure it’s completed to a high standard. This is the case whether buying tools ...

Pricing is the process whereby a business sets the price at which it will sell its products and services. In setting prices, the business ...

‘Do what you do best and outsource the rest,’ says legendary management consultant Peter Drucker (1989). From Drucker’s perspective, a company should outsource functions ...

Benchmarking involves comparing your accounting practice processes and performance metrics to the best accounting practices in the industry. From the benchmarking report’s we can ...

An accounting practice’s key performance indicators (KPIs) are the set of quantifiable measures that are used to gauge or compare performance in terms of ...

The objective of debtor management is to minimise the time between issuing an invoice to a client and collecting payment in full. A practice’s ...

Working capital management involves ensuring a practice has positive working capital so it is able to continue its operations and have sufficient funds to ...

Principals often spend too much time on activities that have no value. The Pareto analysis can be applied to time management. This is the ...

Delegation is one of the practice principal’s most important management skills and if done well, saves you time, develops your people, and is a ...

Clients are very demanding and are like baby chicks in some ways (with their constant squeaking for attention and assistance). Accountants can fall into ...