Good news for small business owners: according to the US Small Business Administration, nearly 80% of small businesses survive their first year.
Cornish Accounting Solutions are delighted to announce that we have been selected by Theo Paphitis to be one of his ‘Small Business Sunday’ winners.
These business stories all show how pricing can be crucial to your success. You must know all your costs to price appropriately and you must know what competitors are charging, without blindly trying to follow them as they may have different cost structures.
Its quick and easy to customize your sales invoices, tailoring them to suit your business. You can even set up templates for multiple invoice types.
You’ve poured passion, time, and money into fulfilling a contract, have agreed on payment terms and invoiced your customer—and then nothing. Days turn into weeks, and you still haven’t received payment.
Have you got any buddy punchers?
Buddy punching is when an employee has a co-worker punch them in early or punch them out after they leave. It is a common practice that is extremely hard to detect.
Often small business owners worry unnecessarily when it’s time to hire employees. They fear because they can’t offer the same high salaries and impressive benefits of a large company, they won’t be able to attract skilled workers.
Every week is different and your schedule should reflect this. Don’t just recycle last week’s schedule. Ensure you have checked the availability of your staff for the coming week.