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Goal Setting for Your Business Finances in 2025 The New Year is a perfect time to reassess your business goals and align them with your financial aspirations. Whether you’re just starting out or have an established business, setting clear financial goals can be a game-changer. Here’s how you can make 2025 your most profitable year yet.   Why Set Financial Goals?   Without financial goals, it’s easy to lose sight of what really matters in your business. Goals give you directio

Running a business is no small feat, and we understand the challenges you face daily. From managing finances to ensuring smooth operations, staying competitive, and planning for growth – we've been there too! Here, we'll explore some common challenges and how outsourcing, automation, and the right support can help you overcome them. Financial Management Managing finances effectively is a significant hurdle for business owners. Budgeting, forecasting, cash flow management, and

When you think about planning a holiday, you probably picture setting a budget, researching destinations, and making sure every detail is covered to ensure a smooth trip. The same principles apply to budgeting for your business. However, just as you might hire a travel agent to take care of the intricate details of your trip, hiring a bookkeeper can streamline your financial planning process, giving you the peace of mind to actually enjoy that much-needed holiday. Set Your De

As June rolls around, the anticipation of summer brings excitement for us at Trowell Bookkeeping and Accounts but we also sense the touch of anxiety that business owners are feeling. Balancing the demands of your business with the desire to enjoy the sunshine can be challenging, and it makes sense. You have a lot going on. We’re here to help you enjoy the best summer you’ve ever had, and in this article, we’re pleased to share five ways to prepare for the summer, ensuring bot

If there’s one figure you know in your business, I expect it’s your bank balance. And it’s a pretty important one. But alone it doesn’t really give you any information about what’s happening in your business. At Trowell Bookkeeping and Accounts we regularly speak to our clients about their cash flow forecast because it’s such a crucial part of the financial picture. Cash flow hasn’t traditionally been part of the service business owners expect from their bookkeepers and accou

As entrepreneurs, we're always seeking signs that our business is on the right track. Understanding the health of your business is crucial to its long-term success. Here are key indicators to help you gauge whether your business is thriving: Steady Revenue Growth: Consistent increase in revenue over time is a clear signal your business is doing well. It shows market demand and effective sales strategies. Strong Customer Base: A growing list of satisfied customers who return a

Running a bookkeeping business from home can be both rewarding and, at times, hilariously chaotic, especially when you have not one, but two French bulldogs as your furry co-workers. Let's delve into the comical world of managing numbers and spreadsheets while navigating the antics of these lovable four-legged distractions. Picture this: You're sitting at your desk, diligently entering financial figures into your accounting software when suddenly, in bursts your dynamic duo D

As a freelance bookkeeper and proud owner of Trowell Bookkeeping and Accounts, I understand the critical role financial management plays in the success of businesses. In today's dynamic market, staying on top of your finances is more crucial than ever.   ## The Foundation of Financial Stability   Every successful business stands on a foundation of sound financial management. As a freelance bookkeeper, I specialise in helping businesses build and maintain this foundation. From